Sino-Arab e-commerce boom along the “Online Silk Road”
Yinchuan, Aug.21 (Xinhua News Agency) – At the exhibition booth of the 5th Arab Countries of China Expo, Yang Wan Rong exhibited two nutritious Morkera bacteria and high-quality products at home and abroad . He attracted many clients. Charcoal.
Yang, 27, runs a cross-border e-commerce business, and the exhibition, held in Yinchuan, the capital of northwest China’s Ningxia Autonomous Region on Thursday, is his event like this. this. This is my first experience.
Its booth is located in a cross-border e-commerce exhibition area, taking full advantage of this opportunity by meticulously preparing, designing product web pages and displaying products offline. to augment.
“We would like to take this opportunity to penetrate the markets of Arab countries, promote better quality local products and increase orders from abroad so that we can earn more income,” said the youngster. The man was clearly excited about this possibility.
Last year, Sino-Arab trade reached about US $ 240 billion, and despite the effects of the pandemic, Arab imports from China grew 2.1 percent year-on-year.
As an important platform for the economic relations between China and the Arabs, the 5th edition of the Expo takes place both online and offline. At the offline event at Yinchuan International Conference and Exhibition Center, customers can browse the exhibitor’s products directly. Meanwhile, technologies like 5G, AI, and big data allow buyers and sellers to trade with each other in virtual stores.
In ancient times, Arab and Chinese merchants traded along the Silk Road. Today, China is promoting the “Online Silk Road” by promoting the cross-border e-commerce industry to further deepen its economic cooperation with Arab countries.
According to the data, China gained momentum in cross-border e-commerce in the first half of this year, with total trade reaching 886.7 billion RMB (about $ 136.4 billion), up 28. 6% year on year.
“I believe that cross-border e-commerce is developing rapidly and will be a very efficient way to sell Lebanese products in China,” said Joseph Tanus, economic officer at the Lebanese Embassy in Beijing. “.
In total, 15 Lebanese companies participated in the online exhibition and exhibited products such as red wine and olive oil.
“Currently, we are working on establishing the first Lebanese online cross-border e-commerce store in China. We hope this store will reorganize many high quality Lebanese products in China. “I will do it.” “We hope that more and more Lebanese products will reach Chinese consumers in the near future. “
As a permanent organizer of the China-Arab Countries Expo, Ningxia has worked to build an “online silk road” to showcase and develop more than 180 cross-border e-commerce enterprises.
Yang started a cross-border e-commerce business three years ago, retailing electronics and basic necessities. It currently operates in more than 100 countries and territories around the world, including Morocco and the United Arab Emirates.
“We receive online orders from all over the world and deliver products to our customers wherever we are,” says Yang.