Compared with traditional international trade, what are the new features of cross-border electronic commerce?

Cross-border electronic commerce refers to the national trade activities that enterprises engage in by using the Internet and adopting various modes of operation. Instead of the traditional trading mode of international trade, we use simple, fast and low-cost modern information technology and communication means to realize the electronization of the whole process from negotiation, signing, delivery to payment, and greatly improve the trading efficiency. Compared with traditional international trade, cross-border electronic commerce has the following new features:

1. Before the transaction, buyers and sellers obtain information in different ways. In traditional international trade, buyers know the information of the goods they need to buy, such as suppliers and prices, as well as the country's politics, economy, foreign trade and transportation, through advertisements, fairs and expositions. Sellers of traditional international trade develop customers by participating in various trade fairs, expositions, sending catalogues, physical samples, photo brochures, advertising gifts, etc. In cross-border electronic commerce, online communication between buyers and sellers is incomparable to traditional international trade in terms of efficiency and time.

2. Trade negotiation and contract signing. Traditional transaction negotiation needs to go through several processes, such as inquiry, offer, counter-offer and commitment. The contents of the negotiation include the subject matter of the contract, the contract price, the seller Yiwu, the buyer's obligations and so on. Traditional international trade negotiation and contract signing need to transmit information by mail, telephone or fax, which is time-consuming and laborious. The negotiation and contract signing of cross-border e-commerce transactions can be completed with the support of the network and system, which is convenient, fast and efficient, and the operation is carried out systematically on the network, which also ensures accuracy and security.

3. Compared with traditional international trade, cross-border electronic commerce has greatly reduced the number of trading links, greatly saved time and money, and is conducive to foreign trade enterprises to respond quickly to customers in today's fierce international market, thus enhancing international competitiveness.

4. Because cross-border electronic commerce can minimize manual intervention and possible errors caused by manual input.