Foreign trade overseas concept

Foreign trade globalization refers to the expansion of businesses into overseas markets, particularly through the use of new technologies such as mobile internet, artificial intelligence, and new business models.

The concept of foreign trade globalization encompasses multiple aspects:

  1. Technology Exports: The export of emerging technology industries, such as mobile internet, artificial intelligence, and the sharing economy. These technologies are often combined with new business models to drive internationalization.

  2. Diverse Fields: Foreign trade globalization is not limited to traditional goods trade but also includes service trade, digital products, cultural content, and more. Examples include photovoltaics, optical modules , e-commerce, gaming, short dramas, and live streaming live commerce .

  3. Market Expansion: Companies establish overseas branches  or engage in cross-border e-commerce  to sell products and services in international markets, aiming to capture broader market share and profit opportunities.

  4. Supply Chain Innovation: In the supply chain sector, foreign trade globalization involves concepts like flexible manufacturing  to adapt to the trend of smaller, fragmented orders.

  5. Industry Reports: To better understand and grasp  the trends in foreign trade globalization, relevant organizations and companies release  various industry reports, such as insights on e-commerce, gaming, and new energy sectors.

In summary, foreign trade globalization is a crucial strategy for businesses seeking new growth points and competitive advantages in the context of globalization. As technology advances and international markets evolve, the forms and content of foreign trade globalization continue to diversify and expand.