Deepening Exchange and Cooperation, Sharing Development Opportunities | Foreign Economic Cooperation Company Conducts Inspection and Research Visit to a Renowned Cross-Border E-Commerce Enterprise in the Region and Reaches Intentions for Cooperation

On February 17 and 18, 2022, the Foreign Economic Cooperation Company conducted field visits to Guangxi Guimao Tianxia Enterprise Management Service Co., Ltd. (hereinafter referred to as Guimao Tianxia) and Guangxi Qidi Innovation Cross-Border E-Commerce Co., Ltd. (hereinafter referred to as Qidi Innovation Cross-Border), holding symposiums with the heads of both companies. Through in-depth exchanges, the Foreign Economic Cooperation Company gained a thorough understanding of the business models and resource channels of Guimao Tianxia and Qidi Innovation Cross-Border, and studied in detail the approaches to conducting international trade, operating public overseas warehouses, and engaging in cross-border e-commerce. The parties also reached a basic consensus on how to expand overseas cooperation and capitalize on the historic opportunities presented by the signing of the RECAP agreement. Finally, the Foreign Economic Cooperation Company and Guimao Tianxia and Qidi Innovation Cross-Border preliminarily agreed on cooperative initiatives, including jointly building overseas warehouses abroad and working together to facilitate the “going global” of domestic brands through cross-border e-commerce.

According to reports, Guangxi Guitrade Tianxia Enterprise Management Service Co., Ltd. is a comprehensive foreign-trade service provider that integrates “new-type foreign-trade” enterprise incubation with one-stop, end-to-end foreign-trade support services. In 2016, it was recognized by the Commerce Department of the Guangxi Zhuang Autonomous Region as one of the first pilot enterprises for integrated foreign-trade services in Guangxi. In 2020, the company’s total import–export value reached US$225 million, it supported 75 resident incubated enterprises at its base, and provided comprehensive foreign-trade services to more than 300 enterprises across the region. Guangxi Qidi Innovation Cross-Border E-Commerce Co., Ltd., on the other hand, is a specialized cross-border industrial service provider serving China–ASEAN cooperation. It has jointly established and operates, in partnership with Alibaba (China) Co., Ltd., the nation’s first Lazada Cross-Border Ecosystem Innovation Service Center geared toward the e-commerce markets of the six ASEAN member states—Thailand, Singapore, Malaysia, Vietnam, the Philippines, and Indonesia. The company is committed to building a China–ASEAN cross-border e-commerce service ecosystem, developing the “Nanning Channel” for China–ASEAN cross-border e-commerce, establishing a China-brand overseas expansion system centered in Guangxi, and promoting Guangxi’s emergence as a leading hub for cross-border innovative services and trade directed toward ASEAN.
Chen Yaomin, Chairman and General Manager of China-Indonesia Economic and Trade Cooperation Zone Co., Ltd., and Li Jifeng, Deputy General Manager of the same company, accompanied the delegation to the symposium.


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