What Influence dose 3D Printing Leave on Economics of Outsourcing and Globalization
Quoted from the famous Fortress Besieged, there is a contradiction that “The outsider eager to get inside, the insider craving for going out.” This is also applied to the business world.
In the Internet Era, cross-border trading can be a fortress regardless of the accessibility of foreign currency exchange and global logistics development. It is firmly believed that doing anything related to cross border can be a promising opportunities from all walks of life regardless of giant e-commerce platforms or start-up companies.
There are more than 5000 e-commerce companies focusing on the cross-border trade, with more than 200 thousand entrepreneurs dealing and reaching more than 4 trillion US dollars in 2014, an increase of 30.6%. It is estimated that it will reach up to 8 trillion US dollars in 2017.
There are two types of cross border e-commerce platforms; one is mainly for imported goods through e-commerce platform and cross border logistics, one is selling Chinese domestic goods to foreign countries. Most of the existing companies are the latter one which takes up to 86.7%, while the other kind of trading is still in the start-up stage. It is estimated that it can be gradually develop to 16.2% of the whole cross-border business.
We will explore more about how these traders lost the niche in the e-commerce field in the next part.