Home / Knowledge / News / Apparel/Garments / CBEC forum explores cross border e-com opportunities
CBEC forum explores cross border e-com opportunities
27
Nov '15
The 2015 Optics Valley Cross-Border E-Commerce Forum & “One Belt One Road” Summit that began in China's Wuhan city today is exploring the opportunities of cross border e-commerce with participation from Chinese as well as overseas enterprises, government and academia.
 
The two-day forum is being organised by the Wuhan municipal government and the department of commerce of Hubei province, undertaken by the Wuhan East Lake High-tech Development Zone administrative committee and Transn Internet of Language Technology Co. Ltd. 
 
China is the largest e-commerce player both in B2B and B2C segments. After witnessing huge growth opportunities in domestic e-commerce, companies in China are now keen to explore opportunities in overseas market.
 
In 2014, global e-commerce sales hit approx. $1.5 trillion, and it is now booming in several emerging markets across the globe. However, the engines driving global e-commerce are shifting their strategies.  
 
Established markets are witnessing a growth downturn, while emerging markets are now taking centre stage. In markets like the US and Western and Central Europe, online business growth is tailing off where saturation points are being reached. For the first time, China has now outstripped the US in e-commerce business, a trend largely driven due to young population and mobile commerce as well. 
 
Over 300 professionals representing various Chinese companies are taking part in the summit, which was inaugurated by Wuhan local government officials. Representatives of well-known international e-commerce platforms, upstream and downstream enterprises in the cross border e-commerce industry, world's top e-commerce experts and scholars, government officials as well as officials from foreign embassies and consulate generals in China are also taking part in the summit.    
 
Over the two-days, various sessions would be conducted, including discussion and analysis of key issues in cross border e-commerce, how to build fundamental service systems, how to resolve issues related to regulatory mechanism of trade and business, logistics issues, future trends of e-commerce, and agreements between countries.
 
The summit is also aimed at showcasing China as the top destination for cross border e-commerce.
 
As a leading B2B website for the global textile and garment industry, Fibre2Fashion.com was one of the invitees at the conference.
 

Fibre2Fashion News Desk – China


Must ReadView All

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Apparel/Garments | On 26th Jun 2017

Enterprise Mauritius leading delegation to Fashion SVP

Enterprise Mauritius is leading a delegation of local apparel...

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Interviews View All

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search