Listed companies compete for cross-border e-commerce third-party payment and other benefits

Industry analysis Cross-border e-commerce has gradually become a new engine for foreign trade growth, and the market share of trillions of dollars has led many companies to test the water. At present, there are a number of listed companies and major shareholders such as Eastern Airlines [-2.19% Capital Research Report] and Small Commodity City [-4.43% Fund Research Report], which are intended to divide the cross-border e-commerce market and engage in third-party payment, logistics and e-commerce. Platform, commodity supply and other fields.
As one of the first projects to enter the Shanghai Free Trade Zone, the cross-border trade e-transaction pilot “cross-border communication” was launched soon. Zhang Zhouping, a senior analyst at China Electronics [-2.03%] Business Research Center, predicts that, based on the government's support for the improvement and improvement of the regulations, the opening of the Shanghai Free Trade Zone will be an opportunity for China's cross-border in late 2013 or early 2014. The e-commerce industry will show a concentrated burst of growth.
Third-party payment and other benefits first benefited from the aura of the Shanghai Free Trade Zone, and the East China region company enjoyed the convenience of the near-water platform in the layout of cross-border e-commerce. Eastern Airlines said on the SSE E interactive platform that the company is currently applying for a cross-border e-commerce license, and it is still uncertain when it is approved. Commodity City has announced that its "Yiwu purchase" cross-border e-commerce platform has been officially launched. Wang Jianjun, general manager of Yiwu, said that Yiwu market merchants can use the platform's automatic translation tools to publish English product information, and overseas buyers can also place orders directly through the “Yiwu purchase” online.
In terms of industries, companies in the areas of third-party payment and airport logistics are expected to take the lead in benefiting cross-border e-commerce expansion. Beginning on October 11, the State Administration of Foreign Exchange successively issued the first batch of pilot licenses for cross-border e-commerce foreign exchange business, and 17 third-party payment companies piloted cross-border e-commerce foreign exchange payment services.
In terms of airport, in addition to Eastern Airlines' Pudong Airport, Shenzhen Airport [-0.24% Fund Research Report] is also expected to become a pilot area for cross-border trade e-commerce. According to the Shenzhen Airport, the Shenzhen Economic and Trade Information Commission approved the Shenzhen Airport Group Corporation and agreed to participate in the declaration of the State and the work plan for the Shenzhen Municipality. The work is still in the declaration stage. Shenzhen Airport stated that it will seize the opportunity and rely on its unique policy conditions to achieve rapid development of aviation logistics and regional industrial driving. At the same time, the airport service platform will be extended overseas and docked with Hong Kong airport through the platform of Shenzhen-Hong Kong cooperation.

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