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[Special: GDFTZ goes through 100-days operation] New trade modes propel Qianhai’s economic growth

2015-July-28       Source: Newsgd.com

For Qianhai area, the transported goods in it grew 831% year on year to 340 batches, whose value grew 1731% year on year to 331 million RMB. Besides, it has become the top 3 areas with the most amounts of financial leasing enterprises in China.

Ewj Shop provides mainland consumers with more overseas products in the way of O2O and operates at Qianhai Area of GDFTZ since July 1.[Photo / newsgd.com]

From April 21 to July 29, Guangdong Free Trade Zone (GDFTZ) has already operated for 100-days, which attracts at least 11,000 enterprises and 436.2 billion RMB investment. Moreover, Qianhai & Shekou area of Shenzhen, Nansha area of Guangzhou and Hengqin area of Zhuhai have made progress in a variety of industries to boost growth.

For Qianhai area, the transported goods in it grew 831% year on year to 340 batches, whose value grew 1731% year on year to 331 million RMB. Besides, it has become the top 3 areas with the most amounts of financial leasing enterprises in China.

Cross-border e-commerce brings overseas products

Cross-border e-commerce can be regarded as one of the hottest projects develops in GDFTZ. It helps trades in different custom areas to reach a deal by means of electronic platform in sections of ordering, paying and logistics.

For instance, Ewj Shop is the first finished cross-border e-commerce project since the General Office of the State Council issued a guideline for promoting the development of cross-border e-commerce. It is jointly founded by Vanguard company (engages in retailing) and China Merchants Holdings (International) Company (China’s largest operator in public port). It is to provide mainland consumers with more overseas products in the way of O2O (online to offline) and operates at Qianhai Area of GDFTZ since July 1.

Li Hao, the general manager of Ewj.[Photo / newsgd.com]

Ewj owns two policy support in GDFTZ including the display of bonded products and the running of cross-border e-commerce, by which they can use a better channel to introduce import products to Qianhai Area. Thus, the channels as well as cost used for import are decreased so that consumers can purchase cheaper overseas products in the shop and have no need for shopping aboard, said Li Hao, the general manager of Ewj.

It is said that ewj shop covers 500 square meters of shopping area including cross-border goods area and dutiable goods area. More than 500 kinds of cross-border commodities mainly imported from Hong Kong such as snacks, world well-known baby products, Australian health care products and lots of fresh meat as well as fruits, vegetables.

The fresh fruits sold in Ewj.[Photo / newsgd.com]

According to Li, in future, Ewj plans to cooperate with more offline stores in which to open more experiential shops for consumers to see and touch the real imported overseas products.

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Editor: Will

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