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ICBC Serves Real Economy with E-Commerce Platform Innovation
 

The B2B market of ICBC Mall has continued to serve the real economy by focusing on improving quality and efficiency of financial services to support start-up innovation and develop inclusive finance. As at the end of 2016, the B2B market of ICBC Mall posted a total online trading volume of over RMB 1.5 trillion with nearly 3,000 merchants and more than 225,000 registered buyers.

The B2B market of ICBC Mall is a comprehensive e-commerce platform integrating business information matching, online transactions and value-added financial services developed by ICBC for corporate customers, aiming to establish a safe and efficient online trading system and provide online payment and financing services for corporate customers. Currently it has developed “B2B + B2G” business and  “production materials + consumer goods + finance” products with customers extending from small and micro-sized enterprises to group customers, sectors ranging from agriculture to industry and service, and service extending from manufacturing to trade and logistic.

The B2B market of ICBC Mall is designed to develop a scenario-based financial ecology with focus on eight service models, including open sales, exclusive sales, supply chain coordination (upstream and downstream), asset transactions (internet auction), commodity matching, group procurement, cross-border trade and internet payment financing. Also, it integrates key financial products of ICBC, such as the corporate internet banking, bank-enterprise interlink, B2B payment, receipt administrator card, corporate payment platform, ICBC e-business, electronic factoring and online revolving loan to meet the corporate needs in production, office, trade,and finance.


(2017-02-09)
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