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"Global Supply Chain Trend Development Report" released: Ali International Station becomes the main platform for foreign trade digitalization

        At the China International Trade in Services Fair, the 2021 Global Digital Foreign Trade Supply Chain New Trend Summit Forum was held at the National Convention Center. At this summit forum, China International Electronic Commerce Center, Ali Research Institute, and Alibaba International Station's cross-border supply chain jointly released the "Global Supply Chain Trend Development Report" (hereinafter referred to as the "Report").

   The "Report" pointed out that e-commerce platform companies have played a core role in the process of digitalization and are the central link in the transformation and improvement of the traditional supply chain. As a representative of cross-border B2B e-commerce, Alibaba International Station has become the main platform to promote the digitalization of foreign trade.

   The "Report" believes that while the digital trend accelerates changes in the global supply chain, it also pushes global trade into a new era of inclusive trade. The full-link cross-border trade platform greatly reduces the threshold of international trade. Small and medium-sized enterprises and individual merchants can connect global corporate buyers through the platform and participate in global B2B trade.

   As the main platform to promote the digitalization of foreign trade, Alibaba International Station uses new technology to help more than 150,000 domestic sellers effectively connect with more than 26 million active corporate buyers covering more than 200 countries and regions around the world, reducing costs and increasing efficiency.

       "Under the epidemic, whether it is an overseas Class B buyer or a domestic merchant, the first core demand is the certainty of the service. This certainty is not only the certainty of the order, but more importantly the certainty of the delivery." Said Wang Tiantian, general manager of cross-border supply chain of Alibaba International Station.

   To this end, Alibaba International Station's cross-border supply chain provides global buyers and sellers with a full-scenario, full-supported one-stop digital cross-border fulfillment solution. Create full-link services such as capital, logistics, customs clearance, finance and taxation for small and medium-sized enterprises, and help small and medium-sized enterprises to obtain inclusive and deterministic cross-border supply chain solutions.

   In the first half of 2021, my country’s total service imports and exports totaled 2377.44 billion yuan, a year-on-year increase of 6.7%; of which, transportation services increased by 43.1% year-on-year. “But China’s service trade is less than one-third of the US’s total service trade in a year.” Wang Tiantian said that the epidemic has catalyzed the rapid development of cross-border e-commerce into a fulcrum of foreign trade. There are huge opportunities for growth and development space in the service trade industry track including border customs clearance services.

       At this summit forum, Alibaba International Station and China CITIC Bank officially launched a strategic cooperation, marking that the two parties will further strengthen integration in cross-border finance, product innovation, digital services and other fields, and jointly promote the construction and experience of cross-border capital service systems. To better serve the new business forms of trade and small and medium-sized cross-border e-commerce enterprises.

   At the same time, the International Station also officially released the "Alibaba International Station SME Foreign Trade (Export) Prosperity Index" for the first time, increasing the government and the industry's understanding of the export of SMEs and helping the government support the development of SMEs. It can be seen from the index monitoring that the export industry has climbed towards the high value of the industrial chain. The number of SKUs still maintains a high growth rate, the categories of export commodities continue to be enriched, and the ability of small and medium-sized enterprises to resist risks has increased.

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