Under the current wave of globalization and digitalization, “cross-border going overseas” is becoming one of the important ways for Chinese enterprises to develop and grow. The National Business Work Conference held a few days ago pointed out that in 2024, the national business system should focus on eight aspects of work, among which cultivating new momentum for foreign trade and accelerating the construction of a trade power are placed in an important position. “Upgrading trade in goods, expanding trade in intermediate goods, cross-border e-commerce exports, innovative service trade, and developing digital trade” have become the “keywords” for cultivating new momentum for foreign trade.
The Guangdong Provincial Party Committee and the Provincial Government have always attached great importance to new forms of foreign trade such as cross-border e-commerce, and have introduced a series of policies and measures in recent years to promote the rapid and healthy development of cross-border e-commerce. In July 2023, the Department of Commerce of Guangdong Province issued the “Several Measures to Promote the High-quality Development of Inter-enterprise E-commerce (B2B)”, proposing specific measures to promote B2B development from nine aspects, including attracting well-known B2B platform-based e-commerce enterprises. In September 2023, the Department of Commerce of Guangdong Province launched the identification of typical cases of innovation and development of B2B e-commerce enterprises.
As a professional trade service platform for intermediate goods such as chemicals, coatings, and plastic raw materials, ibuychem was successfully selected as an “Excellent Service Case of B2B Platform in Guangdong Province” in December 2023, once again demonstrating its industry-leading strength.
Contribute to the high-quality development of the digital economy
Founded in 2015, ibuychem is a digital-real integration Internet platform dedicated to providing in-depth information services, transaction services and data services for the new chemical materials industry. The predecessor of Maihua Plastic was HC Chemical’s e-commerce company, which has been deeply involved in the vertical market of new chemical materials for nearly 20 years, and its services cover energy, chemicals, plastics, coatings, new materials and other related industries.
ibuychem is not only a “specialized and special new center enterprise”, “Guangdong Province innovative small and medium-sized enterprises” and “Guangdong Province high-tech enterprises”, but also has been ranked as one of the “Top 100 Industrial Internet Enterprises in China” for many years, currently serving more than 180,000 members, establishing an index observation system for more than 50 key industrial commodities, and releasing more than 1,000 purchase and sample requests to the industry through the operation of more than 1 million active buyer factories.
While maintaining a scale of 20 billion yuan in GMV for consecutive years, ibuychem focuses on the empowerment of the digital value chain of information-transaction-data, and cooperates with China Construction Bank, Agricultural Bank of China, China CITIC Bank, etc., to create a first-of-its-kind value-added service of science and technology finance for new material suppliers and downstream manufacturing factories to extend transaction data credit. At the same time, the professors of ibuychem and South China University of Technology jointly applied for invention patents for the preparation process of new materials to promote the industrialization of green, environmentally friendly and low-carbon new materials. ibuychem also cooperated with the Haizhu District Government to build a “New Material + Digital Economy Cooperation Demonstration Zone”, realizing a high degree of integration of digitalization and physical parks, and helping the high-quality development of the local digital economy.
Actively build a cross-border e-commerce platform for going overseas
In the context of the “Belt and Road” initiative and the strategic industrial and financial interconnection between China and Saudi Arabia, ibuychem actively responded to the government’s call to lay out the field of cross-border e-commerce, and made every effort to help Chinese suppliers sail to the sea and expand overseas markets.
ibuychem actively participates in the construction of the “Belt and Road” and China-Saudi Arabia strategic industry and finance interconnection platform
ibuychem participated in the co-organization of the 2023 Saudi Arabia (Jazan) Special Investment Recommendation Exchange Conference
It is worth mentioning that in order to promote the globalization process of China’s industrial e-commerce, ibuychem has also built a cross-border e-commerce platform covering English, Russian and Arabic, focusing on decorative building materials – Silk Road Building Materials. Through this platform, enterprises can meet the needs of customers in different languages, better expand overseas markets, increase sales and competitiveness, and obtain more business opportunities and resources.
Silk Road Building Materials Digital Platform
In January 2024, the first stop of the Silk Road Building Materials event – China-Thailand Commodity Trade Expo and Cross-border E-commerce Selection Festival was held in Thailand, through bilingual translation, support from the Thai Commerce Bureau & Tourism Bureau & Chamber of Commerce, buyer meeting, product promotion, online live broadcast, and KOL video shooting, providing one-stop full custody services for Chinese building materials suppliers. In the next stop, Silk Road Building Materials also plans to enter Saudi Arabia and give full play to the advantages of the platform to help Chinese enterprises “win big orders” in Saudi Arabia.
Looking forward to the future, ibuychem and Silk Road Building Materials will continue to give full play to their own advantages, join hands with more Chinese enterprises, jointly explore new opportunities in overseas markets, and jointly write a new chapter in cross-border going to sea.
The above content comes from the International Business Daily
