Global consumption measurement, especially overseas demand is unprecedentedly strong, and the industrial structure is not built in one day, nor can be changed in one day
At the Alibaba International Cross-border Trade Business Summit, Zhang Kuo, the joint general manager of Alibaba International Station, said that in the current trade environment, Chinese companies will have more say in cross-border e-commerce.
Zhang Kuo presented four viewpoints on the US-China trade war: In the trade war, private enterprises have more say in cross-border e-commerce, more flexible, and more risk-taking; Global consumption measurement, especially overseas demand is unprecedentedly strong, and the industrial structure is not built in one day, nor can be changed in one day; Alibaba International Trade Station accounted for 19% of US-China trade, with a growth rate of over 60%; China’s knowledge of online data, Internet understanding, Internet customer service is the most advanced, leading the world.
In response to the impact of trade wars on SMEs (small and medium-sized enterprises) and future developments, Wang Jian, Professor of University of International Business and Economics, pointed out that “it happens to be the golden stage for small and medium-sized enterprises to grow domestically and internationally.”
The macro environment, technology application, e-commerce development and third-party platforms, should increase support for SMEs. In the current environment, the Internet, e-commerce, cross-border e-commerce, and e-commerce platforms should give SMEs more empowerment, because SMEs represent the vitality of China’s future innovation.
Wang Jian said: “Why is this golden stage of the development of small and medium-sized enterprises? First of all, from the macro environment and market changes, the current stage is more suitable for small and medium-sized enterprises. Small and medium-sized enterprises can flexibly respond to market fluctuations and make adjustments at any time.”
For example, a company that is developing in the United States, in the face of trade frictions, chooses different markets to adjust to becomes the key to survival. The development of small and medium-sized enterprises in itself is a very important means of responding to such risks.
It is worth noting that SMEs have domestic trade and foreign trade. Traditional foreign trade is mainly carried out in the form of B2B. The establishment of tariff barriers will definitely affect these enterprises. However, cross-border e-commerce as an important way for the development of SMEs, when the understanding of cross-border e-commerce is limited to small, fragmented trade for the market end, the impact of trade friction on small and medium-sized enterprises is not very strong.
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