On-site Orders of 3rd GTCC Reach over USD 42 Million

From September 18^th to September 20^th , the 3^rd Global Trade & Credit Conference (GTCC), held by Zhejiang Great Tao E-Commerce Corporation and the Electronic Global Trade CreditPlatform (eGTCP.com)and co-sponsored by the Ningbo Municipal Commission of Commerce, People’s Government of Ningbo Jiangbei District and Zhejiang Qianyang Economic Development Zone, came to a successful end. 

The 3^rd GTCC which features “The Belt and Road ● Credit Trade” as the theme, carried out a series of events, such as the Global Credit Ranking Ceremony, Purchase Matching Conference of eGTCP Global Trade Integrity Ecosystem and Foreign Buyer’s Visits of Credit Suppliers’ Factories, etc.

This conference also presented a series of eGTCP awards, such as the Best Credit Buyer, Best Credit Export Company, Best Credit Service Provider, Most Popular Service Provider and Best Credit Partner, etc.

There were over 570 foreign buyers from dozens of countries and with different skin colors and at different ages in the Purchase Matching Conference. Each had a big order at hand and talked with thousands of foreign trade SMEs at this conference. The on-site orders reached over USD 42 million and orders under negotiation amounted to USD 210 million.

At present, eGTCP has cumulatively developed about 0.18 million registered suppliers, over 27,000 foreign buyers and 100 service providers. The service export trade volume of the Platform from 2016 to the first half of 2017 amounted to about USD 860 million, among which the trade volume of order sourcing and matching reached about USD 340 million.

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What Benefits U.S. Consumers A Lot?

Since China's accession to the WTO, not only China but also the world can feel the changes brought by the world economy.

image credit: internet

U.S. families benefitted greatly from China's WTO entry in 2001, as prices of manufactured goods like shirts, electronic devices and pet foods fell by 7.6 percent between 2000 and 2006, a recent research paper from a leading U.S. economic research organization showed.

"The impact of China's enormous growth on the rest of the world is an increasingly active area of study," four economists from the United States, China and Australia said in a National Bureau of Economic Research (NBER) working paper released in late June.

The paper found people largely neglected the potential gains of consumers in developed nations through cheaper imported goods.

Their research showed that China's World Trade Organization (WTO) entry drove down the price index of manufactured goods in the United States by 7.6 percent, averaging around 1 percent annually between 2000 and 2006.

Moreover, they found the major reason for lower goods prices in the United States was mainly related to lower tariffs China imposed on imported inputs in the aftermath of its WTO entry, which led to higher productivity and lower export costs.

So, how about to join a great trade party in China to get more business opportunities?

Now, we sincerely invite you to join GTCC (Global Trade & Credit Conference) with eGTCP.com.

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You can also contact eGTCP.com directly via mail or phone.

Email: service@egtcp.com Tel: +86 400-159-8448