(Yicai Global) April 16 -- US e-commerce giant eBay Inc. will build a smart logistics center in Hangzhou, capital of China’s eastern Zhejiang province.
The firm has inked an agreement with the city’s cross-border e-commerce pilot zone on the project which also includes the establishment of a personnel training system, state-run China News Services reported.
As a cross-border pilot city, Hangzhou is fast becoming a hub for activity related to the sector with the municipal government rolling out initiatives to make related processes more efficient. Alibaba Group Holding Ltd., also headquartered in the city, previously announced plans to open its first physical store to serve cross-border e-commerce platform Tmall HK, while Kaola, operated by tech rival Netease Inc., is also considering a similar outlet.
eBay will also explore opportunities across different industries to assist more cross-border firms in Zhejiang province in entering the international market through its platform.
Established as China's first cross-border e-commerce pilot zone more than three years ago, Hangzhou has attracted some 1,454 cross-border e-commerce related enterprises and more than 8,000 companies have engaged in cross-border e-commerce business, forming industry clusters related to clothing, leisure and home improvement products.
Hangzhou cross-border e-commerce pilot zone will continue to strengthen the cultivation of brands this year in the fields of independent design, research and development, production and sales, an official from the zone said. As an international e-commerce platform committing to opening up the global trade chain, eBay actively promotes Chinese brands’ entry into the international market, so cooperation with eBay will have great prospects, the official added.
Zhejiang is a major cross-border e-commerce hub for China with strong sales in all major product categories, said Zheng Changqing, general manager of eBay’s cross-border commerce division in China, adding that the agreement will further foster a good cross-border e-commerce policy environment and ecosystem.
Editor: William Clegg