Export to China

From Yenra

On August 2, 2008, Alibaba.com announced the beta launch of Export-to-China, a new service which will enable international entrepreneurs and small and medium-size enterprises (SMEs) to sell direct to China's growing number of buyers.

Export-to-China will provide international suppliers with a Chinese-language online storefront on Alibaba.com's China marketplace, which has an active community of over 25 million buyers and suppliers. It is an easy-to-use, direct channel to connect global sellers with millions of buyers in China. Export-to-China members will also benefit from Alibaba.com's professional translation services and promotion at more than 40 major trade shows in China every year.

China's role in the global market is evolving from a top manufacturing hub and exporter into a powerful global buyer as well. China's growing demand for imported goods is being fueled by a booming economy, an emerging middle class, the rising Chinese Yuan and favorable government measures promoting imports. China's most recent trade figures indicated a continued rise in exports by 18% from a year ago to US$121.53 billion, while imports soared 31% to US$100.18 billion, shrinking the nation's trade surplus for the month. China currently ranks third in the world in trade volume and is expected to become the world's biggest import market within 10 years.

Gene Rumley, International Marketing Manager of Florida-based Bell Performance signed up for Export-to-China in July 2008. "In a time of rising fuel costs and increasing pollution, China represents a huge business opportunity for our company," said Mr Rumley. "Our range of fuel and oil treatment products helps to reduce the running and maintenance costs of automobiles, trucks and boats as well as lowering pollution levels in industrial power plants. As an Alibaba.com TrustPass member we have had great success finding new customers around the world and now Export-to-China can give us a direct channel to buyers in China."

Alibaba.com began marketing the Export-to-China service on its website on June 20 and has already signed up over 1,600 companies. During the beta testing phase launched today, Export-to-China storefronts will be displayed on Alibaba.com's China marketplace and the service will be offered for free trial to all qualified Alibaba.com paid members for a limited period.