2021 Global Digital Trade Conference concludes; 15 days trade dialogues, 8,500 companies from 100 countries
2021年10月27日 - 5:00PM
JCN Newswire
The 2021 Global Digital Trade Conference and Wuhan (Hankoubei)
Commodities Fair concluded after 15 days of global trade dialogues,
procurement fairs, and live streaming activities. Diplomatic
representatives and business delegations from 103 countries and
close to 8,500 foreign and Chinese companies participated in the
event, achieving a total purchase order of RMB 402.8 billion (S$
85.0 billion) and attracting 520,000 trade visitors to the
event.
As China's first large-scale digital trade themed event, the 2021
Global Digital Trade Conference and Wuhan (Hankoubei) Commodities
Fair aims to promote the development of China's digital economy,
showcasing Wuhan's strengths in the global digital trade and
driving China's "dual circulation" strategy, marking a new
milestone for the trading system of the future.
Various forums and thematic events on digital technology
empowerment were organised to support Wuhan's vibrant commercial
and logistics center development, including the opening ceremony,
China's wholesale market annual meeting, cross-border cooperation
promotion events, and the digital trade and technology thematic
conference. The conference focused on current digital trade issues,
providing a platform that facilitated discussions and exchanges
around the development of the digital economy and trade to build a
bridgehead for "dual circulation" between China and the rest of the
world.
A new white paper on Global Digital Trade was also launched at the
event, shedding insights into the current development of digital
trade from the existing digital infrastructure, policies,
technologies, and capital. The paper analyses how digital
technologies and supply chain services can bring about profound
changes to global trade and the development prospects of digital
trade. Experts and scholars also highlighted the importance of the
digital economy as a key driver for China's "dual circulation"
development strategy, with Wuhan among China's most promising
cities for the digital economy.
Fifteen leading national enterprises and institutions, including
Digital China, Alibaba, Ant Group, and JD Group have signed a
cooperation proposal to increase investments and support Wuhan's
construction of a national trade and logistics center in Central
China. ZALL Smart Commerce Group also signed a digital service
agreement with 15 wholesale markets across China, including
Shandong Linyi Trade City, Chengdu Hehuachi Market and Shenyang
Wuai Market Clothing City to promote digital upgrading of China's
national wholesale markets.
The diverse formats and trade activities of the Wuhan (Hankoubei)
Commodities Fair exemplify how "goods sell well when they reach
Hankou" during the new era. The event attracted China's well-known
brand manufacturers and popular products, featuring 39
commodity-themed exhibition areas across the country, including
Guangdong Pavilion, Hunan Pavilion, Chu Chamber of Commerce,
Jiangxi Pavilion, and Hubei's 17 cities and prefectures. A total of
30 themed commodity trade activities were held during the event to
promote Hubei's local brands and culture, and 113 procurement
events were organized to support domestic consumption, including
the Hankoubei Hotel Supplies Expo, the first Wuhan-style Children's
Clothing Trade Fair; and China's National Footwear Brands
Exhibition.
The integration of domestic and foreign trade, and building a
bridgehead for "dual circulation" between China and the rest of the
world is a key objective of this year's flagship event that aims to
promote the development of a high-level open world economy.
Accolades were received from hundreds of diplomatic representatives
and foreign business delegates regarding Wuhan's efforts to promote
commodities trade and support economic, trade, and technological
exchanges. 80% of the international trade platforms that
participated were first-timers. They include cross-border
e-commerce expo, Hubei's export-to-domestic trade fair, eight
cross-border e-commerce platforms, such as Amazon, eBay, Wish,
Newegg, and 50 cross-border service organisations, including
PingPong Payments. The European Pavilion, Shanghai Cooperation
Pavilion, and ASEAN Pavilion were also launched and featured
products from more than 50 countries.
About ZALL Smart Commerce Group
ZALL Smart Commerce Group (HKG:2098) is a leading Chinese B2B
e-commerce group (ranked 155th in Fortune China 500, 2021) with a
global footprint across the world and its companies listed on four
exchanges: HKSE, NYSE, SSE and SZSE. ZALL Group develops and
operates Asia's largest B2B offline-to-online trade ecosystem in
China and Southeast Asia, including Singapore, with more than 30
B2B platforms in China, US and Singapore, and a GFA of more than 10
million sqm of wholesale trade centres in China. In 2018, ZALL
Group achieved a GMV of more than RMB 600 billion (US$85.2 BN),
serving over 1 million SME customers worldwide. ZALL has also
obtained a virtual banking licence and currently operates Z-Bank in
China since 2017, one of China's Top 5 digital banks that has
supported more than 5.5 million SME and individual customers. See
http://en.zallcn.com.
Since 2018, ZALL has invested in five projects in Singapore,
including ezbuy.sg, Singapore's leading global online shopping
platform; ZMA Smart Capital, an online trade finance company; ZALL
Chain Technology, a blockchain solutions company, and the
Commodities Intelligence Centre (CIC), Singapore's first physical
commodity eTrading platform (B2B) powered by blockchain technology,
see https://www.cic-tp.com.
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