Dunhuang Network CEO Wang: Foreign trade electric business scenery here alone has formed a mature set of trading

The investment community August 28 News, 2013 to send the annual meeting in Beijing new Yunnan Crowne Plaza Hotel held. Dunhuang Network CEO Wang said in the meeting, foreign trade E-commerce has formed a very mature set of transactions, logistics, payment, finance, and risk control marketing and so on a set of mature industrial chain, Chinese-made products can be sold in a week in more than 200 countries, tens of thousands of cities.

The following is a transcript of the speech:

Wang: You friends of the electric Circle of Good morning, just listened to the old friend of the National Day speech, we in the excellent net and Dangdang a fight and struggle. National day very ridicule, said crosstalk tone for everyone to talk about the domestic business of those things. E-commerce in China is a blossoming industry, I would like to share e-commerce in the field of foreign trade in his development trend and now some new play.

Just now the host also introduced, speaking of foreign trade E-commerce This is also a nearly 10 years, said 8, 9 years of development, I think of foreign trade E-commerce began in 2004, I know that many people here may begin to enter the field of electricity, Taobao in the market in the fierce fighting, excellent nets in 2004 by the total acquisition of Amazon, 2004 Alibaba Yellow Leaf (sound) business-to-business model is a raging in the era, 2004 left the network of Excellence I have a dream, can not be used in E-commerce in the traditional large foreign trade, can be to achieve the whole process of foreign trade e-commerce. Of course, today, the whole process of trading as the core of foreign trade E-commerce has become the trend of the industry. 2004 I have this idea of the time can be said to be a kind of Arabian nights, no one in the world to do so, I was in this circle with friends of the Internet, investment circle friends, including to do the traditional foreign trade friends talk, the electrical business into the field of foreign trade is very unreliable, 2013 the entire e-commerce industry in the field of foreign trade has formed a representative of the Dunhuang network of platform-oriented enterprises, services to thousands of network operators, but also including the foreign trade of the platform, we have successfully listed, vertical in a certain area, the specific national market. We've seen this market today, just like in the first section of Kazakhstan, it's kind of like China's domestic trade dealers. 2007 to 2008 the total plate of almost more than 10 billion U.S. dollars in various aspects of the industrial base, the mode of business, commercial model is beginning to form, vigorous, the development of hope.

To today's foreign trade E-commerce has formed a very mature set of transactions, logistics, payment, finance, and risk control marketing, and so on a set of mature industrial chain, Chinese-made products can be sold in a week in more than 200 countries, tens of thousands of cities.

I've been talking about the recent meeting of some foreign trade dealers, I am in the fierce fighting with the domestic electricity business, the foreign trade electric business is a bit like the scenery this side is very good, I think possible foreign trade e-commerce this market is a very huge market, facing more than 200 countries, a lot of categories, today we have not formed a very fierce price competition, Relatively speaking in the foreign trade of the network operators, these platforms are generally profitable or very good, can be more focused on products and platforms. I recently read a data, foreign trade electric quotient profit space American Bridal Association, talked about the American wedding dress an average price in 1187 dollars, today in China in fact, we see the wedding dress but 200,300 dollars, this is one of the examples, The basic representative of Chinese-made products in the overseas market has a very large price space.

I also want to give you a very brief introduction to the Dunhuang Network, the industry's data sharing in the foreign trade e-commerce industry his trend, his direction, I think it is worth it, if you think of entering the foreign trade e-commerce industry, I think you can have the following thinking and inspiration. First, we see the development of the category of foreign trade e-commerce more and more presents a diversified development, I remember a few years ago, we have a number of foreign trade on the evaluation of electronic products have so many labels, firmly printed in the field of foreign trade e-commerce, one is to think that the cloud standardization of the product, small package, express way, small trading platform, Today we have seen whether we are talking about consumer products, we see some bulky, this has been very rare, like some very heavy to accommodate more than 5,000 eggs of large hatching, very fashionable products, are beginning to move to the global platform on every corner.

The second after 8, 9 years of development of e-commerce in foreign trade, overseas these markets to the online procurement of Chinese-made products, such a recognition is actually more and more high, for example, the first half of this year from overseas traffic has doubled, orders increased by 80%, we also see from last year we are more than 2000 U.S. dollars order growth of 53%, Turnover increased by 9%, especially in some countries.

Third globalization docking global sourcing, mobility and community become more and more important, we found that the depth of the space here is also very large, in the last December, our mobile platform brought about by the traffic, the orders brought to the 25% of our platform, 26%, the first quarter of this year has accounted for our overall flow of 30%, I think this is the overseas space that we can dig deeply.

The

is also very exciting, not only in the mainstream, the European and American markets, today to see the rapid rise of emerging markets, their characteristics, some countries like Russia, this is called the cold weather, and there is no corresponding rich consumer products, so these markets are with his rapid development of E-commerce, Shortage of products to supply China's E-commerce brings a very broad opportunity. In addition, I would like to tell you that today's global trade has undergone a profound transformation, his face is not what we all used to think of the container-style business, we found that in the Internet, E-commerce development over the 20-year period, in the global birth of a group of international, new-type buyers products, Here I would like to explain the data from our platform to see foreign small and medium-sized buyers, their respective in what kind of areas, they focus on what kind of products, their procurement characteristics. What I want to say is that today's global trade is in a way that is quietly changing, a new international procurement force, how to docking such an opportunity, they are very concerned about China's cost-effective products, care about the introduction of fast-rich products, care about the image of China's integrity products, how to docking the new generation of large buyers of the procurement force.

Last year we felt very clearly the whole Chinese foreign trade e-commerce market in the main force, China's entire traditional trade, factories, trading companies in the rapid rise. In fact, just two or three years ago, we used to run places with these companies to talk about foreign trade e-commerce, at that time, I think you no matter how to wear a mouth, to oneself or unreachable, to today hinder overnight, these traditional foreign trade companies they talk about very professional, talking about the beginning of a website or interest platform, How to do various combinations of overseas marketing, I started from the wholesale, retail began to do to me to solve the problem of overseas warehouse logistics. is also changing today, from the early years, just like the net on Taobao, through contact with customers, they got a lot of direct feedback from customers, they can design their own products, they can reverse demand factory manufacturing and processing, today to see the first bucket of gold net merchants, They have begun to pay attention to the brand of child beauty, pay attention to reverse acquisition of factories, some enterprises rigorous to the industry service manufacturers, E-commerce we see, the entire industrial chain, water supply, transmission, send gas, born for the product to do translation, marketing, see the industrial chain of third-party service companies springing up like the rise, This also and recently we also realized that the country for Cross-border E-commerce, the promotion of China's entire export, the traditional industry transformation and upgrading, began to introduce some very strong promotion policies. On behalf of China, I have many opportunities in the Business Council to reach representatives of other economies in the world. I would like to tell you that in the field of foreign trade e-commerce services to SMEs, Chinese companies are still very proud. We are not actually copying the American model in this field, China represents the leading business practice in its own field, and China has the opportunity not only to rely on our largest global SME group, we as a world factory position, We also have the opportunity in the electronic Foreign trade platform for China's small and medium-sized enterprises to come up and sold all over the world. So the general said this is a Chinese manufacturing to the era of Chinese manufacturing, which contains the business opportunities are worthy of our people here can be very thoughtful, how to capture an opportunity.

Dunhuang NET after 8, 9 years of accumulation, covering more than 200 countries, more than 30,000 cities, we are also in the service of domestic 1 million suppliers, today in the Dunhuang network platform after so many years of accumulation, we also formed a 4 major service system, including platform services, including overseas marketing, international supply chain services, This is in addition to logistics, payment, including credit.

The fourth block is also in the process, we continue to establish a good faith system between the industry, this set after the annual millions of transaction verification, but also for the Dunhuang network laid the foundation. I think today, on the one hand, we see the Government, see the enterprises are speeding up, on the other hand, we also feel that in this industry, although everyone's consciousness has arrived, but the market, we have a huge gap in talent. It can be said that the main force of the market today, to engage in the online foreign trade main force is still in the situation of goods will not sell, in the face of such a situation, we in this year's Dunhuang network launched to fully serve the Chinese supplier strategy, can say the past 8, 9 years of accumulation, trading as the core platform, we up, We see that today more and more brand enterprises in China want to build their own international brands. They know we can't go on the road of Lenovo, Huawei and Haier. We have always seen through E-commerce is a lower cost, faster and more efficient to establish an international brand access. Extend up our Dunhuang network for brand services, set up a set including overseas marketing, brand building, as well as online trading solutions. As the Dunhuang network I have always had a dream, because we represent the Chinese businessmen, we very much hope that in the era of E-commerce, the Chinese businessman in the global field of this image. We think that we are a low-cost product of the image, we through such a brand to see the integrity of Chinese businessmen, our beauty, our price excellent. Extending down the Dunhuang net as an innovator and leader since the industry move, we also see that the past front-end charging model should be gone forever. Just now the national day talked about internet thinking, in the internet era, we want to give traditional foreign trade factories and companies to provide a lower threshold, can enter into e-commerce such a gradual way. So down we also launched an open platform called the Dunhuang port, the first we subvert all the business-to-business charging mode, we provide free display, free communication and so on, the second let us traditional enterprises in accordance with their own phased requirements of the choice of modular services. So came to Dunhuang network traditional enterprise has 3 paths, first he can go to the Dunhuang platform for direct trading, the second can also do offline transaction selection of the modular services. 3rd also see a lot of heritage enterprises more focused on manufacturing and production, can put their goods into our network goods center, especially his platform of the merchant, regardless of domestic trade, or to help him do sales. Recently we and many places in the country, we have just signed with YIWU strategic cooperation, help Yiwu their goods to build a global center.

can also be in the following Dunhuang service station, after 8, 9 years of accumulation, in this form a complete set of supply chain from beginning to end service, we have marketing, we have transactions, we have to pay, finance, training, agents. Of course this is more from the market of third-party service companies, we hope to uphold an open, the spirit of the alliance to share in this field of thinking the director, mutual development, I hope that our merchants to receive Third-party service companies, through their professional services to find more sources of supply, more customer groups. This is a bit like the ancient Silk Road in the Dunhuang Post, find customs documents, to redeem the road out of the west, you can find what you need.

Dunhuang net from the first day of the founding, we have set a mission to promote global trade, the achievement of entrepreneurial dreams. So this is a really long, bumpy road, we are catching up with a very good time today, this is a very big market, for us is really has the infinite innovation the opportunity, hoped that with the electric business Circle's friends to continue diligently, like Xing General's that phrase realizes our respective dream, lives our wonderful.