G20 Summit Four Highlights Usher In A Cross-Border Consumption Feast

In from September 4th to 5th,

It will be held in Hangzhou, which is the first time the G20 summit is held in China.

The old saying goes, "there are heaven and Suzhou and Hangzhou under heaven".

Green finance, the world's largest mobile payment City, is the best practitioner of this summit theme "building an innovative, dynamic, interactive and inclusive world economy".

This G20 summit brings global

Continue to warm up, the specific points are as follows:

First, cross-border electricity providers promote G20 member countries' Global trade growth.

G20 members are the most dynamic and innovative groups in the world. They include the world's most powerful economies, including the G-7 and BRICs. Their membership accounts for 2/3 of the world's population, and GDP accounts for 90% of the world's total trade and 80% of its trade volume.

In September 1st, Ali Research Institute released 2016 China cross-border electricity supplier development report data show that in 2015, China cross-border e-commerce pactions scale of 4 trillion and 800 billion yuan.

In the group of twenty (G20), China's cross-border electricity supplier connectivity index with other G20 countries ranked in the following order: the United States, Britain, Australia, France, Italy, Japan, Canada, Germany, South Korea, Russia, India, Turkey, Brazil, South Africa, Mexico, Indonesia, Argentina and Saudi Arabia.

The 2015 report focused on the group of twenty (G20) countries, excluding the European Union.

At present, the trade volume of the group of twenty is 80% of the world, and the trade volume between China and G20 countries accounts for more than 50% of China's total import and export volume.

Two, the global cross-border electricity supplier will continue to flourish and strong trend of development.

In the past year, despite the slowdown in Global trade, the growth rate of cross-border electricity suppliers in China has declined, but the growth rate of cross-border electricity providers is still much higher than that of import and export trade of goods. The penetration of e-commerce in China's import and export trade has continued to increase.

According to this speed, it is estimated that in 2020, the scale of China's cross-border electricity supplier market will reach 12 trillion yuan.

According to Alibaba and Accenture Corporation jointly issued the "2020 global cross-border electricity supplier trend report", the global cross-border B2C e-commerce market scale is expected to grow from 230 billion US dollars in 2014 to 994 billion US dollars in 2020, will reach 29.3% of the total size of the global B2C electricity supplier market and 13.9% of the total global consumer goods trade.

By 2020, the annual compound growth rate of cross-border electricity market share is expected to reach 27.3%.

This also means that the growth of the cross-border electricity market will be two times the growth rate of the domestic electricity market and three times the growth rate of the global consumer goods trade market.

Data show that by 2020, the number of global online shopping will exceed 2 billion, which accounts for about 60% of the global target consumers. From now to 2020, cross-border electricity providers are expected to grow at an annual rate of 29.3%. It is no exaggeration to say that cross-border electricity providers connect to the world, and G20 is ushering in a cross border consumption feast.

Three, China's global trading led the world's electronic trading platform (eWTP).

In terms of "global buying", the largest source of purchases by Chinese consumers in 2015 was the United States, Japan, Germany, South Korea and Australia.

The three categories that Chinese consumers buy most are maternal and infant products, beauty care products and nutritional health products.

In terms of "global selling", the largest number of overseas enquiries to Chinese enterprises are the US, the UK, India, Canada and Russia.

The eWTP (world electronic trade platform), which is raised by Ali and attracted much attention from the world, has been actively responded and supported by G20 trade ministers and will be discussed as an important topic at this G20 summit.

In the cross-border electricity supplier research report, the Ali Research Institute systematically expounded the concept of eWTP, a platform for international exchanges and cooperation, led by the private sector, market driven, open and pparent, and multi stakeholder participation. It will focus on four objectives: promoting the development of inclusive trade, promoting the development of small businesses, promoting the globalization of consumption and promoting the development of young people.

Four, who will dominate the global cross-border electricity supplier?

Promoting global trade growth is an important topic of the 2016 G20 summit in Hangzhou.

China is building a free, open, universal and universal trade platform.

On this platform, billions of consumers can buy the whole world, small and medium-sized enterprises can sell the whole world, and truly achieve global linkage and global linkage.

It is foreseeable that cross-border electricity providers will connect the world and become the main form of Global trade in the future.

The global cross-border electricity supplier infrastructure is China led, and the core Chinese market can stimulate the entire consumption to capacity.

China has many foreign aid platforms such as "one belt and one road", and has added 7 new free trade zones, laying a solid foundation for cross-border electricity supplier development. Whether the world electronic trading platform can operate smoothly after G20 can China break the world trade barriers, compete with the United States and win the leading power of cross-border electricity providers, which is the focus of global attention.