Jingdong Global Purchase And Ministry Of Commerce Foreign Trade Development Bureau Formally Sign Strategic Cooperation Agreement

In July 25th,

The global purchase and Commerce Department's Foreign Trade Development Bureau (hereinafter referred to as the Foreign Trade Development Bureau) has formally signed a strategic cooperation agreement.

Platform for publicity and promotion, trade promotion and other fields to achieve deep cooperation.

The signing of the strategic agreement will further accelerate the development of cross-border e-commerce in China, achieve win-win cooperation and promote cross border consumption upgrading.

Since 2015, the State Council will encourage consumption as an important measure to stimulate China's economic growth, and a number of policies have been promulgated.

Data show that in 2015, consumer spending accounted for 66.4% of China's total GDP, of which cross-border import retail e-commerce pactions amounted to 206 billion 380 million yuan, maintained a rapid growth.

The Ministry of Commerce has predicted that the import and export trade of China's cross-border e-commerce will reach 6 trillion and 500 billion yuan in 2016. It is expected to increase the proportion of China's import and export trade to 20%, with an annual growth rate of over 30%, which has become a new driving force for China's economic growth.

Against this background, Jingdong global purchasing and Foreign Trade Development Bureau has reached a consensus through in-depth discussions. The two sides will strengthen information exchange in the future, expand international trade space, guide consumption upgrading, and lead overseas excellence.

We will conduct all-round cooperation with Chinese consumers and let China's quality products go further, so as to promote the sustained and steady development of China's cross-border e-commerce platform. At the same time, Jingdong will also become a cross border e-commerce research base of the Foreign Trade Development Bureau, providing support for its cross-border electricity supplier and national consumption data analysis.

The Foreign Trade Development Council is committed to building various trade promotion platforms, promoting exchanges and cooperation between China and other countries in the world, and promoting the comprehensive, coordinated and sustainable development of China's foreign trade.

Qiu Huang, general manager of Jingdong global purchasing, said that the cooperation with the Foreign Trade Development Bureau would help Jingdong better develop international cooperation and further promote the development of foreign trade.

As China's leading self operated e-commerce enterprise, Jingdong has rich experience and foundation in international trade. In the future, it will continuously optimize the international supply chain, speed up the process of brand cooperation, and enhance the user experience.

In recent years, with the strong support of the state, e-commerce has shown a deep integration with the manufacturing and real economy. It has achieved the goal of efficient and low-cost production factor flow and allocation, constantly promoting the pformation and upgrading of the service industry, giving birth to new forms of business, and becoming a new engine and new driving force for the economic development of the country.

According to the insiders, the Jingdong reached a deep cooperation with the Ministry of Commerce and Foreign Trade Development Bureau. Jingdong will be able to take this opportunity to speed up the global layout and promote Sino foreign trade cooperation. At the same time, Jingdong has become the cross border e-commerce research center of the Foreign Trade Development Bureau, providing the best platform for the first trial. The massive consumption data of Jingdong will strongly support the national economic development research and top-level strategic design, expand China's international trade space, lead consumption upgrading, and fully respond to the Ministry of Commerce's strategy of "going out" and "bringing in".