According to the General Administration of Customs, from January to July 2021, China’s total foreign trade export value was 11.66 trillion RMB, a year-on-year increase of 24.5%; China’s foreign trade exports have maintained positive growth for 14 consecutive months. The recovery of the global economy has driven the demand of overseas category B buyers to reach historical peaks. According to data from Alibaba, the average daily visit buyers, payment buyers, and online transaction volume of the platform from January to July increased by more than 60% year-on-year.
In the business environment affected by the global epidemic, the foreign trade team of V-SOL TECH uses e-commerce platforms such as Alibaba to carry out online foreign trade activities. Foreign trade salesmen also actively communicate with customers through social media, emails, and online communication software to maintain good communication. After hard work, the growth of foreign trade performance in the first half of the year is still higher than that of the same period of previous years, and gratifying performance growth has been achieved.
On September 1, 2021, the "Global Purchasing Festival" of Alibaba officially opened. It is reported that this procurement festival will help domestic small and medium-sized enterprises to seize the historical opportunities of cross-border B2B through a comprehensive upgrade of platform order flow, logistics, and capital flow. V-SOL TECH also participated in this purchasing festival and achieved good sales performance.
Recently, V-SOL TECH has won three awards from Alibaba in Guangzhou and Guangdong area. Chairman Welming Chen received three award plaques on behalf of the company.
Star rating is the first standard of Alibaba. The higher the star rating, the excellent merchants. The first award obtained by V-SOL TECH is: GMV Star Rating Award
The second award won by V-SOL TECH is the pay for performance: "P4P highest level award"
The ancients said: favorable timing, geographical and human conditions. If the excellent products of excellent merchants are the favourable timing, then P4P means the favorable geographical. When the favorable timing, geographical are available, favourable human conditions are more needed at this time. The third award won by V-SOL TECH is "Foreign Trade Team Award"
Congratulations to V-sol’s sales team for winning three awards. We also appreciate our R&D, production, business, finance and after-sales teams for their efforts and dedication behind the scenes!