国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Gadgets

Wholesale city riding wave of e-commerce

By Meng Jing (China Daily) Updated: 2014-05-07 10:38

The 11 sites are expected to operate as the secondlevel domains of yiwugou and will be launched later this year in each country's official language. The websites will be run by yiwugou's global partners, which are trade agents with years of experience in providing services to importers.

"With e-commerce improving the efficiency of doing business, the role of brickandmortar markets is changing rapidly," said Wang, who was a senior vice-president of Sohu.com Inc, a major Web portal in China, before heading the online department of the offline market in Yiwu in 2012.

Wholesale city riding wave of e-commerce
E-commerce brings new business to China Commodities City

Wholesale city riding wave of e-commerce 
China's Yiwu gears up for World Cup in Brazil
 
The majority of China Commodities City's revenue of 3.65 billion yuan in 2013 came from the rents of vendors who do business in the markets. The rent of a booth, which is usually 2 to 3 sq m, can be as high as a halfmillion yuan a year if the location is good.

"The time that a market operator can make a fortune by simply erecting a building and renting out booths will soon be over. In the Internet era, offline market operators need to think how to offer better services to vendors and buyers," said Wang.

This is the main reason that China Commodities City launched its e-commerce site. The majority of the market's transactions still come from offline despite the fact that the businesses are actually bridged through an online portal. In addition, there are many wellestablished businesstobusiness platforms in China dedicated to facilitating trade between China and other countries, such as 1688 from China's e-commerce giant Alibaba Group Holding Ltd.

But Wang said the website has a lot of potential because China Commodities City enjoys unique advantages by having both online and offline operations. "No online marketplace can replace offline markets. Rather than pure competitors, online markets and offline markets work more like interdependent partners," he said.

He said that an online marketplace can only serve as a platform to bridge the information between suppliers and buyers. But to facilitate trade, information is not enough.

"You need a lot of offline services, such as logistics and customs clearance. The Yiwu market, which has decades of history as a trade hub, can offer a onestop service for importers. This is not something that an online marketplace can do," said Wang.

Hot Topics

Editor's Picks
...
...
大英县| 峨山| 镇安县| 扎囊县| 绥江县| 钦州市| 宁国市| 盘锦市| 渭源县| 湘潭市| 西乌珠穆沁旗| 买车| 鹤山市| 绥滨县| 巧家县| 大安市| 香港| 大安市| 永寿县| 桐柏县| 阿图什市| 嘉鱼县| 民丰县| 宜黄县| 遵义市| 遵化市| 诏安县| 新兴县| 屯门区| 化德县| 武平县| 肇庆市| 墨脱县| 紫云| 孙吴县| 汝城县| 松潘县| 区。| 南涧| 文安县| 盘锦市|