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Industry dynamic — What is the inventory turnover period? What is the significance of the inventory turnover period

2021-04-22
What is the inventory turnover period? Days of inventory turnover (Days sales of inventory) refers to the number of days an enterprise experiences from the time it acquires inventory to the time it consumes or sells it. This is calculated by the ratio of...
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Industry dynamic —What is RMB settlement for cross-border trade? What is the significance of RMB settlement of cross-border trade?

2021-04-20
What is RMB settlement for cross-border trade? The cross-border trade RMB settlement refers to the settlement of cross-border trade by enterprises designated by the state on a voluntary basis, and commercial backs may directly provide RMB related settlement se...
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Industry dynamic -- “Mexican” style e-commerce “Blue Sea” model

2021-02-01
The epidemic has dramatically changed the way Mexican people go shopping. Even they don't like online shopping, however, while the stores are closed, Mexicans start to try and enjoy online shopping and home delivery. Before the big lockdown due to COVID-19...
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Industry dynamic -- E-commerce, New trade development model

2021-02-01
On January 22, Minister of the Ministry of Commerce talked about the development of the online retail market in 2020, saying that in the past year, the development of the online retail market showed a positive trend, and the market size hit a whole new high le...
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Future trend -- Whole supply chain of cross-border e-commerce development

2021-02-01
According to the website of the General Administration of Customs, cross-border e-commerce is growing rapidly. In 2020, 2.45 billion import and export lists has been approved through the cross-border e-commerce management platform of customs, with a annual g...
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INDUSTRY DYNAMIC — E-COMMERCE, NEW TRADE DEVELOPMENT MODEL

2021-02-01
On January 22, Minister of the Ministry of Commerce talked about the development of the online retail market in 2020, saying that in the past year, the development of the online retail market showed a positive trend, and the market size hit a whole new high le...
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Company news -- South Korean guests confirm onion deal with NCG

2021-02-01
On January 21st, one group of South Korean food import merchants came to NCG for on-site business docking and deeply discussed on product quality, export standards, orders and delivery. South Korean merchants went through independent NCG own cross border e-com...
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