国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Big changes sweep across biz clusters

Manufacturing capability, digital acumen of online marketplaces converge to foster innovative growth

By WANG KEJU | China Daily | Updated: 2024-07-16 10:05
Share
Share - WeChat
Sellers promote products via livestreaming in Yiwu, Zhejiang province, in May. [SHI BUFA/FOR CHINA DAILY]

Manufacturers of household cleaning products in Bazhou in North China's Hebei province are experiencing a surge of youthful energy, fueled by a wave of individuals armed with digital marketing skills on platforms such as Douyin and Kuaishou.

In a notable shift from the past, these newcomers are not interested in establishing their own factories but are seeking partnerships with existing units, drawn to the city's thriving industrial cluster.

By collaborating with these factories, they gain access to a reliable and diverse supply of high-quality products that they can promote through online marketing channels.

This change has injected fresh enthusiasm and a newfound vibrancy into the household cleaning products industry in Bazhou.

The factories benefit from increased exposure and sales, while the talented youngsters gain a competitive edge by offering a wide range of high-quality products to their online customer base, said Li Shifan, general manager of Jamil Household Products Co.

Over the past two years, as e-commerce platforms have battled to offer the lowest prices, businesses within industrial clusters like Bazhou have gradually emerged as key players in reshaping the supply chains within online marketplaces by providing high value-for-money products.

Industrial clusters refer to a mass of manufacturers within specific geographic regions, where industries coexist and collaborate closely to streamline production processes, optimize supply chains, and enhance overall quality and cost-effectiveness.

Their high-quality and affordable products often benefit from the synergistic effects of concentrated expertise, economies of scale, and efficient resource utilization.

A list released by Alibaba's Taobao and Tmall Group in January unveiled 50 industrial clusters, each of which boasted a combined transaction value exceeding 10 billion yuan ($1.38 billion) on Taobao, Tmall, and 1688 platforms.

Spanning 21 cities, including Hangzhou, Jinhua and Jiaxing in Zhejiang province, Guangzhou and Foshan in Guangdong province, and Hebei's Baoding, these industrial clusters encompass 27 product categories, ranging from women's apparel, home furniture, smartphones, beauty and skin care products, to jewelry.

The convergence of local manufacturing capability and the digital acumen of online marketplaces has fostered a symbiotic relationship that drives innovation and growth in a mutually reinforcing way, said Li Mingtao, head of the research institute at the China International Electronic Commerce Center.

In response to the escalating price competition in the e-commerce sector, platforms such as JD and Douyin launched initiatives in 2022 to facilitate the integration of industrial clusters into the digital economy.

This year, Kuaishou has prioritized greater involvement in empowering industrial clusters so as to better meet the growing demand for reasonably priced, yet superior quality goods.

In return, businesses within clusters are recognizing the immense potential of e-commerce platforms in expanding their reach and accessing a broader consumer base.

"Today's consumers are increasingly turning to online channels for their shopping needs, seeking convenience, variety, and competitive prices. By joining e-commerce platforms, industrial cluster businesses can meet these evolving consumer demands and establish a direct connection with their target audience," Li said.

Caoxian county, located in Shandong province, has leveraged the vast user base and support programs of livestreaming platforms such as Douyin to foster a complete industrial chain of hanfu, the traditional attire of the Han ethnic group.

With a total of 2,473 upstream and downstream enterprises dedicated to hanfu production, the online sales of hanfu reached 7.2 billion yuan last year, marking a year-on-year growth of 44.3 percent. The combined online and offline sales exceeded 10 billion yuan, accounting for over 40 percent of the national market.

In the first five months of this year, online retail sales of hanfu in Caoxian amounted to 2.9 billion yuan, representing a year-on-year growth of 8.6 percent.

1 2 Next   >>|

Related Stories

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
西峡县| 桑植县| 新田县| 修武县| 连江县| 隆尧县| 曲水县| 鲁山县| 岢岚县| 麟游县| 兖州市| 稷山县| 康定县| 长宁区| 且末县| 上林县| 平遥县| 铜梁县| 永清县| 长沙县| 阿拉善右旗| 佛冈县| 和林格尔县| 类乌齐县| 政和县| 靖远县| 五莲县| 深州市| 开封市| 比如县| 介休市| 博兴县| 阿坝县| 景宁| 遂川县| 达孜县| 威宁| 上虞市| 阳西县| 陇川县| 托克逊县|