Walking into this foreign trade enterprise in Ningbo, the staff is preparing to upload the new tableware to the cross-border e-commerce platform. These simple products are specially developed for the Belt and Road market. The person in charge introduced that in the past, traditional foreign trade volume was large and profits were high, and cross-border e-commerce business was rarely done. However, under the influence of the epidemic, the advantages of flexible cross-border e-commerce and large bargaining space have gradually emerged, so companies are targeting new markets.

Zhuang, Assistant President of Ningbo Hyatt Group: High sea freight and logistics costs force us to seize more business opportunities through network means. Taking advantage of the "Digital Silk Road" to tap the growth space, Ningbo has introduced 23 new policies to support the transformation of traditional foreign trade enterprises. At present, more than half of the local foreign trade enterprises have carried out cross-border e-commerce business. In 2022, the province will hold 100 matchmaking meetings to guide production and supply chain enterprises to "touch the net" in cross-border e-commerce. Wang, the second-level director of the E-commerce Division of the Provincial Department of Commerce: Combine the advantages of consumer goods with the advantages of e-commerce, build your own brand through cross-border e-commerce, and expand your own channels. While high-quality goods are entering the Belt and Road Initiative, digital services are also accelerating the pace of "going out".

The Hangzhou Binjiang-based digital payments company has just launched an "Indonesian Local Payment Account". Multinational companies located in Indonesia can directly collect local payment, complete foreign exchange settlement online, and shorten the remittance cycle. At present, corporate cross-border payment business has been carried out in Singapore, Thailand and other countries and regions along the Belt and Road. Wang Xuemei, head of international foreign trade payment business operations: Build a payment system that integrates collection, cash withdrawal, exchange, and business payment, so that local merchants along the Belt and Road can also enjoy this series of conveniences. Accelerating the "going out" of platforms and services is the focus of Zhejiang Province's "Digital Silk Road" construction in 2022. Next, Zhejiang will amplify the agglomeration effect of 37 provincial-level service trade development bases, cultivate leading enterprises in service trade in the fields of digital trade and technology trade, and drive exports to countries and regions along the Belt and Road to exceed 1 trillion yuan. Keywords: One Belt One Road, One Belt One Road News, One Belt One Road Project

Professor Zhao Haoxing, School of Economics, Zhejiang Gongshang University: Through the digital Belt and Road chain, the circulation of the Belt and Road can be made faster, the marketing can be more accurate, and there will be a greater leap in the construction of a high-quality trade system.Editor/XuNing