Southwest China's Guizhou province kicked off its first business-to-business, or B2B, cross-border e-commerce service on Aug 3 – when commodities worth about $32,928 were exported from the Guiyang Free Trade Zone to Australia via a new service that uses an existing online platform.
The new B2B cross-border e-commerce service for enterprises is reportedly part of efforts being made by the Guiyang FTZ – located in Guiyang, capital of Guizhou – to take advantage of Guizhou's inland open economy pilot area, Guiyang's cross-border e-commerce pilot area and the Belt and Road Initiative.
The new service enables Guizhou's companies to showcase their commodities and their business information online, contact international companies, place orders online and directly export the commodities through the Guiyang FTZ's cross-border e-commerce service platform.
The service platform, which was jointly established by the Guiyang FTZ and e-commerce giant Alibaba, reduces export application procedures and lowers customs clearance costs for micro, small and medium-sized enterprises.
Moving forwards, plans are for the Guiyang FTZ to refine the service platform's functions, optimize the export and import services for small and medium-sized enterprises – and accelerate the development of cross-border e-commerce business clusters.