First day of work in October! The good news that RMB has become the fourth largest payment currency in the world is bursting! The sea freight has returned to the lowest point in the past two years. The depreciation of the RMB exchange rate is nothing more than a good thing to promote the development of foreign trade! The peak season for foreign trade has arrived! Enterprises have deployed overseas. At the same time, the competition between the old brand and the emerging platform has also begun! With Pinduoduo, Douyin, JD.com, Ali and other big companies all over the world, the sales season of gold, silver and silver in the foreign trade industry is coming! Judging from our overall economic data in China, it still maintains a good growth trend! What matters need our attention in the future?

1. Amazon plans to hire 150,000 people to meet holiday shopping season demand

The Wall Street Journal reported on October 7 that Amazon.com Inc. plans to hire 150,000 people as part of its regular annual recruiting drive to meet the demands of the holiday shopping season. Amazon is dealing with a tricky end-of-year shopping season. The company needs staff during the busiest time of the year while adjusting to a slowdown in demand following a surge in online shopping during the coronavirus pandemic. The company said last week it would raise the average starting salary for front-line warehouse workers to $19 an hour from $18 and invest hundreds of millions of dollars in boosting wages and other benefits for delivery drivers. Like last year, Amazon's demand for workers faces a tight labor market.

2. The dividends of cross-border e-commerce are becoming more and more obvious, and the battle for the giants to deploy overseas has begun!

According to data from the Society for Worldwide Interbank Financial Telecommunication (SWIFT), the share of RMB in international payments will increase to 2.7% in December 2021, and the RMB surpasses the Japanese yen to become the fourth payment currency in the world, a record high! With the recent news that the RMB has fallen below the 7.2 mark against the US dollar, it is undoubtedly a major boost for foreign trade companies! Under the background of the increasing domestic e-commerce dividends , Pinduoduo launched the B2C platform Temu on September 1. The old Alibaba International Station and AliExpress have been online for many years, and the effect of Douyin's Tiktok going overseas is already obvious! Domestic e-commerce giants (Alibaba, JD.com, Douyin, Pinduoduo) have assembled! A few days ago came the first cooperation between JD.com and FOBGOODS! Earlier, FOBGOODS reached a cooperation agreement with many Tik Tok sellers. As a representative of B2B emerging, it can be said that the growth momentum is quite strong in recent years, and domestic e-commerce giants have all deployed overseas! According to the data report released by FOBGOODS recently, the user and merchant ports have maintained a rapid growth of 4.65 and 7.6 times! Domestic enterprises are frantically rushing into the road of cross-border going overseas!

Cross-border e-commerce

This is a battle between emerging platforms and established platforms! The future is difficult for Ali. While the domestic market share is being seized by Pinduoduo and JD.com, the cross-border overseas business is also hit. Overseas C-side traffic users are frantically being seized by Tiktok, Pinduoduo, and B-side major customers. It was madly seized by FOBGOODS again. JD.com Global Trade, which JD.com launched this year, went to the RTS of Ali International Station. The most eye-catching this year is what is known as the "troika" of emerging foreign trade platforms in 2022: Tiktok, SHEIN and FOBGOODS, forming emerging representatives of B2C, independent stations and B2B.

The more popular Chinese cross-border e-commerce platforms going overseas in recent years:

B2C:

Old: AliExpress; Emerging: Tik tok, Temu, SHEIN (independent station)

B2B:

Old: Alibaba International Station, Made in China; Emerging: FOBGOODS, JD.com

Three, the world's first!Over 70% of the world's toys are produced in China

According to CCTV news reports: my country is the world's largest toy producer and exporter, and more than 70% of the toys on the global market are produced in China. From 2016 to 2021, China's toy exports have grown for five consecutive years. Statistics from the General Administration of Customs show that from January to August this year, my country's toy exports totaled US$31.6779 billion, a year-on-year increase of 20.2%. In terms of export areas, the United States, Japan and the United Kingdom are still the main exporters of toys in my country.

Toy

Made in China, built in China, made in China, created in China, all of these Chinese business cards are resounding around the world at the speed of China. I believe that with the country's strong support for Chinese brands to go overseas and made in China, there will be more Chinese brands going to the world!