Electricity Giants Are Eyeing Korea.

Jingdong cross border business channel "South Korean Pavilion" announced formally launched in Seoul.

Coincidentally, only one day before the product association signed a strategic cooperation in South Korea on its Korean channel.

Prior to that, Alibaba announced that it would enter Korea's logistics to seize the Korean direct purchase market.

Behind this is the favorable policy of cross-border electricity providers and the strategic ambition of "going out".

Jingdong CEO Liu Qiangdong said in an interview with reporters.

The strategy is the top priority this year, and plans to complete cross-border e-commerce business in more than ten countries with the most trade with China by the end of this year.

"At present, Jingdong overseas pavilion has three modes of direct mail, bonded collection and bonded stocking, but my ultimate idea is to do the general trade plus Chinese electricity supplier mode, that is, businesses only deliver their products in the country, and the rest are completed by Jingdong, without excluding the establishment of warehouses in South Korea and other countries."

Since 2013,

Surpass Japan as China's largest source of imports.

Negotiations on bilateral free trade agreements between China and South Korea have also been completed recently.

The agreement stipulates that the ratio of liberalization of trade in goods will exceed "

90%, trade volume 85% ", when Chinese consumers can easily buy high-quality," zero tariff "Korean goods at home.

This will have a positive impact on the integration process between China and South Korea and even the Asia Pacific region.

Liu Qiangdong went to Korea to visit the most famous shopping mall in Seoul, South Korea.

He said that by listening to the conversation of the queuing people, more than half of the Chinese tourists were shopping.

If we can deliver goods from the east gate to every county in China, Jingdong will have the opportunity to replicate thousands of East Gate markets.

For consumers, distribution time and pportation cost are the most concerned topics.

At present, the cost of direct mail EMS between China and Korea is about 8 dollars, accounting for a certain proportion of the paction volume.

According to the South Korean personages, in the Sino Korean FTA, the principle of "48 hours customs clearance" was formulated, and the tax exemption procedure for express goods was simplified, which provided greater convenience for small and medium-sized enterprises in China and Korea.

The South Korean government is planning an expansion strategy for cross-border electricity providers, and proposes a maritime distribution and clearance system from Inchon port to Qingdao port to reduce the cost and time of logistics distribution.

"Jingdong in developed cities in China, the cost of logistics distribution is $1.2 per unit. With the clearance of China and Korea, I hope that the Korean goods sent to China should not exceed $2 per unit."

Liu Qiangdong said that the agreement on Logistics bonded rapid clearance is being negotiated with cities such as Qingdao, Weihai and Lianyungang. Cooperation will be reached later this year.

Another important purpose of Liu Qiangdong's visit to Korea is to personally "sweep the goods" as a platform for investment.

It said that the platform is still in the stage of internal measurement. It is expected that more than 1000 platforms will enter the Jingdong Korean Pavilion by the end of the year.