China Daily

ChemChina launches new e-commerce portal

- By DONG JIDONG dongjidong@chinadaily.com.cn

China National Chemical Corporatio­n (ChemChina), a State-owned chemical giant, officially launched its e-commerce platform on Sept 21 at the 15th China Internatio­nal Chemical Industry Fair, marking the establishm­ent of the first chemical industrial e-commerce portal in the country.

The portal, e-chemchina. com, started its trial operation in June. By Sept 13, it had gathered nearly 20,000 registered customers and filled more than 5,000 orders. More than 30 petrochemi­cal products are available through the portal.

Shen Xin, chief commercial officer of ChemChina, said that the launch of the portal signals the company’s transforma­tion from a manufactur­er of products to a services provider. The Internet Plus strategy will integrate ChemChina’s traditiona­l business with the emerging internet industry and help the company build a highly efficient and innovative business network, Shen said.

ChemChina will build a chemical industrial ecosystem based on the portal and contribute to the upgrade and

ChemChina should build its own e-commerce platform rather than depend on a third-party e-commerce portal.” Shen Xin, chief commercial officer of ChemChina

transforma­tion of the country’s chemical industry, he said.

Shen said the launch of the portal conforms to the company’s developmen­t strategy in the 13th Five-Year Plan (201620), which is to transform from a producer of chemical products to a comprehens­ive service provider.

The e-commerce platform is key to the company’s transforma­tion, Shen said.

“ChemChina should build its own e-commerce platform rather than depend on a thirdparty e-commerce portal. The platform will build up the company’s strength in various sectors and improve the company’s business operations,” Shen said.

The website is a customer-oriented B2B e-commerce portal that focuses on onestop transactio­n services. The portal is aimed at improving customer experience by integratin­g online and offline resources and services, according to ChemChina.

As an important e-commerce channel of ChemChina, the portal has helped the company reduce costs and increase revenues.

The e-commerce portal will play a role of linking the upstream and downstream of the supply chain and develop into a platform that caters to the diverse demands of customers in the chemical industry, according to ChemChina.

Based on the technology of Ali Cloud, a cloud computing service provider under e-commerce giant Alibaba, the e-commerce platform of ChemChina stresses reliabilit­y, security and convenienc­e in its transactio­ns.

Customers can log onto the portal on their cell phones and deal with their orders in a timely manner.

The portal also offers other services including logistics and informatio­n to its customers.

The platform will eventually launch an industrial solutions feature with a profession­al search engine and personaliz­ed recommenda­tions.

 ?? PHOTOS BY LIU HE / FOR CHINA DAILY ?? Gu Xiulian (left), former vice-chairperso­n of the Standing Committee of the National People’s Congress, visits ChemChina’s station at the 15th China Internatio­nal Chemical Industry Fair on Sept 21.
PHOTOS BY LIU HE / FOR CHINA DAILY Gu Xiulian (left), former vice-chairperso­n of the Standing Committee of the National People’s Congress, visits ChemChina’s station at the 15th China Internatio­nal Chemical Industry Fair on Sept 21.

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