PayPal helps to double the turnover of foreign trade dealers

"Our Beijing News" the world's leading http://www.aliyun.com/zixun/aggregation/6590.html > online payment Platform PayPal recently held the first "China Foreign Trade Electronic Commerce Conference" in Beijing, Nearly 700 small and medium-sized foreign trade enterprises to participate in the conference, PayPal officially launched a PayPal "Foreign trade Pass" one-stop service website.

It is reported that in recent years, the Greater China region (including mainland China, Hong Kong, Taiwan) merchants completed through PayPal cross-border E-commerce export transactions have grown rapidly. According to the PayPal report, July 2011 to June 2012, the PayPal Greater China merchants to the traditional market (the United States, Western Europe) export turnover rate of 20% to 40%, for Latin America, Eastern Europe, Asia-Pacific and other emerging markets, export growth is as high as 60%-100%. According to China General administration of Customs statistics, this January-July export value growth of only 7.8% per cent year-on-year. This shows that more and more pioneering Chinese SMEs are using Cross-border E-commerce model to develop export business, thus in the overall unfavourable traditional foreign trade environment to achieve the trend. (LI)