Crossborder Ecommerce and Inclusive Trade for SMEs the

Cross-border E-commerce and Inclusive Trade for SMEs: the Initiater and Facilitater for “One Belt One Road” Jian Wang Professor of University of International Business and Economics, Beijing, China 4 Aug, 2017 Chengdu, China

Cross-border E-commerce and Inclusive Trade for SMEs Extended Cross-border E-commerce Concept: Transformation of International Trade Process Before Transaction After Transaction - Potential buyers and sellers - Information exchanges - Trade leads - Business opportunities - Matching buyers and sellers - Transactions - Payment - Logistics integration -Import and export process management - Documents preparation - Documents exchange - Payment integration - Logistics integration - Banking - Foreign exchange - Customs and other government authorities

Immerging Platforms on Internet Immerging Third Party Platforms in China to facilitate Global Trade Before Transaction (Information exchange) - Alibaba. com - Madein. China. com - Globalmarket. com - Trade 2 cn. com Transaction (Cross border B 2 C) - Aliexpress. com (Alibaba) - Dhgate. com - Amazon - Ebay. cn After Transaction (Paperless trading and integrated service) - Onetouch. cn (Alibaba)

Benifits of Cross-border E-commerce § Maching buyers and sellers § Increase the availibility and choices of consumer § § products Easy and convenient for business and consumers Increase the market efficiencies Reduce the transaction cost Facilitate International trade and help SMEs to participate in global trade

Implications for Inclusive Trade Policy and “One Belt One Road” (OBOR) § How can we make sure that § Cross-border e-commerce is the initiater for OBOR ? - initiatives, meetings, inclusive trade mindset, training, SMEs participation online, § Cross-border e-commerce is the facilitater for “OBOR”? - connectivity and e-road, payment and logistics innovation, pilot projects, appropriate policies § Cross-border e-commerce will benifit SMEs? - customs duties and taxes, simplified compliance procedures, de minimis threshold § Cross-broder e-commerce can be done within the appropriate legal environment? - consumer protection, privacy issues, PPP and cross-border data flow, co-operation and understanding,

Thanks Jian Wang (王健) Professor, University of International Business and Economics (UIBE), Beijing, China wangjian@uibe. edu. cn