[China Cross-border Trade Fair] Cross-border short news, focusing on cross-border affairs

Introduction

Five minutes a week to know everything about cross-border travel.Let’s take a look at what’s new in the cross-border e-commerce circle?

Policy Services

WTO: Global trade in goods growth slowed in the second quarter of 2022

The WTO released the latest edition of its Goods Trade Barometer.Global trade in goods continued to grow in the second quarter, but the growth rate was lower than in the first quarter. The overall situation is still positive.Global trade has been boosted by both the impact of the Russia-Ukraine conflict and China's lifting of its COVID-19 embargo.Global trade in goods is expected to grow by 3.0% in 2022, but there are many uncertainties.

Southeast Asia e-commerce sales will grow by 18% in 2022

Southeast Asia e-commerce sales will grow 18% this year to reach US$38.2 billion.By 2026, e-commerce sales in the region are expected to climb further to $57.8 billion.As the largest e-commerce market in the region, Indonesia's e-commerce sales are expected to reach US$9 billion this year and are expected to rise to US$17.4 billion by 2026.

Platform Trends

Huicong.com is caught in the 'collapse' crisis

Huicong.com was founded in 1992. It is a B-end enterprise service provider and industry portal in China. It was listed on the Growth Enterprise Market of the Hong Kong Stock Exchange in 2003 and transferred to the Main Board of the Hong Kong Stock Exchange in 2014. The cumulative number of registered users exceeds 27 million. The founder, Guo Fansheng, Known as the veteran figure of China’s B2B e-commerce.On August 24, it was exposed online that Huicong.com issued a notice of suspension of work.Beijing Huicong Sanlu Zero Technology Co., Ltd. will cease operations on August 25, with all employees on standby and the office area closed.The former 'South Ali, North Huicong' will also become a legend.

TikTok aims at overseas local life track

TikTok is testing a new 'nearby' feature label designed to display local content to users. The current test scope only includes some users in Southeast Asia.Some analysts pointed out that this test function may compete with similar functions on platforms such as Google.The new feature, currently being tested, allows creators to add location tags to their videos.

TikTok Shop upgrades Polaris plan to support brands going overseas

TikTok Shop announced the upgrade of the Polaris plan, increasing efforts to support brands going overseas, and will provide customized support strategies and brand rights for brands at different operating stages.The types of brands supported by the plan include: brands that have gone overseas (investment and financing DTC* brands, leading overseas platform brands); well-known brands (sub-brands of large groups, new consumer brands, mature brands); brands with strong supply chain transformation (strength brands) .This plan will design corresponding brand rights and interests based on the core pain points of the brand's entry, incubation, growth, and maturity in each operating stage of the TikTok Shop platform.

Pinduoduo’s cross-border e-commerce platform has supported the entry of individual industrial and commercial households and may be launched on September 1

Pinduoduo North America currently supports individual industrial and commercial households to open personal stores, and has released the registration process.

To enter the Pinduoduo North American site, you need to provide an individual business license, fill in the subject information, conduct real-name verification, and fill in the store operation status.

Some sellers who have successfully registered on the Pinduoduo cross-border e-commerce platform said they have received notifications from the platform. The Pinduoduo cross-border platform is expected to be officially launched on September 1.The merchant's backend shows that the name of Pinduoduo's cross-border e-commerce platform is 'Temu'.The platform has required sellers to put products on the shelves as soon as possible and ensure that the products are in stock on September 1.

Pinduoduo cross-border platform personal store supports personal bank card collection

For sellers who have opened a corporate store, the platform only supports corporate bank cards whose bank card account name is bound to be consistent with the name of the registered entity (company name); it does not support personal cards, nor does it support corporate personal cards.This is different from the payment collection models of some other cross-border e-commerce seller platforms, so sellers still need to pay more attention.

Sellers who open a personal store can only support personal bank cards bound to the bank card account name and the same name as the business license operator.

Amazon: Brand sellers’ handling of negative reviews can enhance brand loyalty and customer engagement

Brand sellers can enhance brand loyalty and customer engagement by addressing three-star or lower-star reviews.Contact buyers who left critical reviews about their products with refunds or use the buyer reviews feature in Seller Central.Sellers can see buyer reviews under the brand option in Seller Center.

eBay releases UK Christmas consumption trends for 2022

eBay Ads UK’s latest Christmas consumer trends research report finds that the impact of inflation means UK consumers will prioritize value for money and thoughtful gifts this festive season and plan to be more organised.The survey found that a third of consumers plan to start Christmas shopping earlier than last year, with three in 10 shoppers planning to start before the end of August.What's more, shoppers will prioritize gifts that add value to their loved ones' lives.More than half plan to buy thoughtful gifts for friends and family this year.Meanwhile, three in 10 people said they planned to buy functional gifts and nearly a quarter would buy essential gifts, suggesting that at a time when many Britons struggle to afford everyday items, they are more inclined to buy useful ones Gift.

Walmart added nearly 1,000 new sellers every day last week

According to survey data from Marketplace Pulse, nearly a thousand new sellers joined the Walmart market every day last week, which is about four times the previous number and almost twice the number of the US Amazon market.Previously, sellers needed to be approved by Walmart to enter, and the button to launch the app was named 'Request a Sale.'

Not long ago, Walmart replaced 'Request for Sale' with 'Add to Market', simplified the registration form, and relaxed strict approval requirements.Sellers can now simply fill in their company name and contact details to get listed on the marketplace.It will then ask for business verification, payment details, and shipping information.Walmart eliminated questions about revenue, catalog size, other markets and more.

FedEx releases 2022 peak season surcharge adjustment plan

The US logistics service provider FedEx has released a surcharge adjustment plan for the 2022 peak season.The company will begin collecting the first batch of peak season surcharges on September 5 this year and will last until January 15, 2023.

FedEx's first round of peak season surcharges will begin on September 5 and will charge $3.45 per package.The second round of surcharges will begin on October 3, with a fee of $6.55 per package, nearly double the September surcharge, and will continue until January 15, 2023.

China Cross-Border E-Commerce Fair (Autumn) (CCEF)

'Build a platform' to help enterprises explore the cross-border e-commerce market,

Actively find suitable ways to 'pave the way' for enterprises to go overseas smoothly

Exhibition time: September 28-30, 2022

Location: Guangzhou City, China Import and Export Fair Complex

Organizers: China Foreign Trade Center Group Co., Ltd., Foreign Trade Development Bureau of the Ministry of Commerce, Fujian Huiyuan International Exhibition Co., Ltd., China Foreign Trade Guangzhou Exhibition Co., Ltd.

Exhibition introduction:

China Cross-border E-commerce Fair is a cross-border e-commerce fair organized to link Chinese manufacturing and global consumption, integrate the rapidly developing cross-border e-commerce ecological resources, and realize resource integration in the foreign trade, cross-border e-commerce and exhibition industries. , serving global trade and helping companies open up broader markets.The exhibition not only realizes the function of matching transactions, but also brings diverse platforms and full-chain services. Its value-added function is a differentiated advantage that other exhibitions of the same type do not have.With the theme of 'New Momentum for Foreign Trade·New Digital Future' and the positioning of 'Creating a national brand and platform for cross-border e-commerce to serve the innovative development of foreign trade', China Cross-border Trade Fair is committed to optimizing high-quality suppliers and cross-border e-commerce. cross-border e-commerce buyers and platform resources; upgrade high-end forums and activities to create the leading event in China's cross-border e-commerce industry.

Exhibition area distribution and exhibit categories (three major exhibition areas):

1

Cross-border e-commerce supplier exhibition area

Household daily consumer goods, 3C electronics and healthy living, gifts, stationery, cosmetics, shoes, clothing, textiles, bags, sports and outdoor, toys, maternal and infant pet products and comprehensive food, furniture and building materials, gardening hardware, lighting, automobile and motorcycle accessories.

2

Cross-border e-commerce comprehensive service exhibition area

Cross-border e-commerce platform, information consulting, logistics and warehousing, operation management system, payment platform, digital marketing, insurance and taxation, financial investment, talent training, cross-border institutions, industrial design, etc.

3

Cross-border e-commerce comprehensive pilot zone, cross-border e-commerce industrial park

Source of purchaser:

-Registration link-