Huangpu joins up with eBay
Huangpu District is to establish a cross-border e-commerce platform with eBay to better serve and expand the effect of the upcoming second China International Import Expo.
The district government signed an agreement with the e-commerce giant on Wednesday to develop the platform to offer financial services, build exhibition and trade centers as well as train professionals for cross-border e-commerce trade.
An innovation, entrepreneurship and R&D center to mainly boost e-commerce export trade will be established in Huangpu along with a full industrial chain, said Yang Dongsheng, deputy director with the district.
Shanghai has become the headquarters of eBay's cross-border trade business across China, Southeast Asia, Russia and Israel as well as east and north Europe, the company said. Its China headquarters are in Huangpu District.
Huangpu endeavors to help local companies expand their overseas businesses through e-commerce platforms. The cooperation is expected to make Huangpu a downtown center for the city's e-commerce businesses, Yang said.
E-commerce has become a new way for Chinese products to be sold across the world, said Shen Weihua, deputy director of the city's commerce commission. International pioneers such as eBay are expected to help the city further open up and upgrade its foreign trade, Shen said.
The city's export e-commerce volume ranks third in the country following Guangdong and Zhejiang provinces.
Local retailers are exporting through e-commerce platforms to over 70 countries. The top destinations are the United States, the UK, Australia, Germany and Canada.
Many local brands, such as Threegun clothing, have become popular with overseas shoppers, according to eBay. Other popular products from Shanghai include those for home decoration, automobile accessories, clothes, cosmetics and sports products.
The city's exports of home decoration and car accessories have been rising rapidly on cross-border e-commerce platforms this year along with electric appliances.
