ChinaAfrica ECommerce

China’s cross-border trade with Africa is expected to experience rapid growth thanks to an e-commerce platform launched on June 6 that will further bolster commercial ties and cooperation between the two sides.

The new platform, Ca-b2b.com, will operate under the aegis of ChinaAfrica E-Commerce Co. Ltd., a cross- border e-commerce trading company.

It will be the only national China-Africa business-to-business e-commerce platform and will function as a one-stop destination for international trade in 17 categories, such as oil and gas, information communication technology, raw materials, automobiles and healthcare.

Equipped with multilingual assistance, the platform will offer services required for international trade, including contract signing, payment, insurance, logistics and customs declaration.

Hou Zhigang, Board Chairman of the company, said, “The launch of the e-commerce platform offers an economic trade channel for numerous enterprises from China and Africa to make optimal use of the Belt and Road Initiative.”

About 1.39 million enterprises to date, verified by six national ministries, are among the first batch of members on Ca-b2b.com. Nearly 6 million small- and medium-sized enterprises will also become potential customers on the platform.