The Opening Of The First Alibaba Internet Fair Helps Foreign Trade Enterprises To Solve "Orders"

Xinhua news agency, Hangzhou, June, 9 (reporter Yin Xiaosheng and Zhang Xuan) on the afternoon of 8, the first Alibaba Internet Conference held by Alibaba international station was officially opened. Workers from various major factories in China have opened the live broadcasting equipment and sold them to the wholesalers from other parts of the world on screen.

According to the organizers, this is the largest online exhibition in global cross-border trade this year. From June 8th to 28, there will be more than ten million wholesalers from all over the world.

Alibaba Internet Fair will open 6000 cross-border B2B live broadcasts. The Internet fair also launched a series of free and preferential cross-border trade service products, covering all aspects of e-commerce export, and is expected to help businesses to save up to 60% of the cost of performance.

Alibaba international station said that the company was connected to 100 Chinese characteristic industrial belts and 150 million overseas buyers. This year, 20 online exhibitions will be launched to help foreign trade enterprises overcome difficulties and realize digital transformation, solve the "order shortage" through matching big data with supply and demand, and solve the "performance difficulty" in a stable cross border supply chain.

According to the online exhibition data held by Alibaba in from May 11th to 24th, business enquiries increased by 303% over the same period, and the volume of intent orders increased by 473% over the same period. The number of orders has increased by 179% compared with the same period last year, and the total volume of transactions has increased by 109% over the same period last year.