Chinacommercer.com- Global E-commerce Trade Leads

Chinacommercer.com has realized that Internet is merely a tool, however, grasping of the tool does not mean success necessarily.
We wish this website is really helpful to small and medium-sized enterprises in international business. It is reason why we launched this website.

Our appetite is very small. Other websites want to be biggest in the world, whereas, we are only the biggest in Dongguan presently. If we could be biggest in Guangdong, we would be satisfied.

I am a businessman. Nothing would we rather do than any other business without money making. If this website fails to gain, it will lost its realistic significance worth of its existence.

The service of Chinacommercer.com is free during short period. Firms are helped make profit earlier than us, then they will be wrapped with us together to do it.

Chinacommercer.com must help enterprises solved problem, or it will lose the only way to live.

At the beginning of the 2nd Session of the International Computer, Communication & Consumer Electronics Exposition [Dongguan, China] (hereinafter called 3C EXPO) in October 13, VTech Group of Companies, world's leading consumer-focused technology companies, grandly launched the first foreign trade B2B on-line transaction platform in China, "Chinacommercer" (www.chinacommercer.com) website, and made the first online transaction worth US$15,000,000(American AAT Corporation purchased phone products made by VTech Group of Companies through website of Chinacommercer.com ). This may be said as the largest-amounted online deal in B2B websites in China. When network concept stock of China collapses overall, it deserves being granted as a wonder in Internet circles for that a completely brand-new website did such. When gathering new in 3C EXPO, pressman interviewed the CEO of Chinacommercer.com, Mr. Paddy Law.

Solve the problem, then can live

Journalist: Mr. Law, why was Chinacommercer.com launched disregarding the current condition in which the whole environment of Internet is so stagnant, and why could it complete an online transaction valued US$15,000,000 unexpectedly at beginning?

Mr.Paddy Law(hereinafter called Law): The problem does not lie on the whole environment, on the contrary, some people apotheosize the Internet. Chinacommercer.com has realized that Internet is merely a tool, however, grasping of the tool does not mean success necessarily. Our website is different from others in many aspects. Firstly, we do not "Burn Money", and we don't focus all on final goal of listing on stock market. Chinacommercer.com is under the VTech Group of Companies. Yearly value of sales in VTech is over one billion US dollar. VTech owns listed companies located in United States, Great British and Hong Kong. Furthermore, VTech Group of Companies has rich experience in international business for 25 years. These all constitute advantage of Chinacommercer.com. We aim to act steadfastly and to develop our website successfully so as to help enterprises realize export-import business. Secondly, Chinacommercer.com can really help enterprises solve problem. Small and medium-sized enterprises in China must find more buyers, then they can survive, no other better choice. Majority of small and medium-sized enterprises takes the only production as the focus with knowing nothing about international business. Now, depending on Chinacommercer.com, this problem is solved with ease. We provide one series of support in quality inspection, application to customs, insurance, transportation and so on so that enterprises could enjoy convenient and swift "one stop" service really. In a word, whether a website succeed or not lies on element of combination of old economy and new economy.

Journalist: Mr. Law, how does Chinacommer.com provide service for enterprises? In general, traditional enterprises deal with concrete matters relating to websites. Then, how many advantages does the service have, which Chinacommercer.com provides for old economy?

Law: Our goal is to help small and medium-sized enterprises in Guangdong of China do international business actually with this website. If we want to reach this goal, offline work needs more notice beyond website construction. VTech group of companies owns full-capital subsidiary companies spreading in 15 countries. Chinacommercer.com conducts commercial advertisement and gathers business information through 8 oversea offices across 5 countries ranging from Europe, Asia to North America. Depending on these sources, website has registered more than 100,000 overseas enterprises. Information from international buyers is available, but a great number of small and medium-sized enterprises do not know how to export. So Chiancommercer.com help them do it. In China, Chinacommercer.com cooperates with numerous strategic partners and provides an overall support in capital flow, logistics and supply chain for enterprises, including online payment, online L/C, bank service, electronic customs declaration, quality inspection, business credit investigation, insurance, shipping, storage, export agent, and so on. Through the joint of internal resources and external ones, Chinacommercer.com can really help enterprises with international business successfully. All the advantages form depending on rich experience and credit of VTech Group of Companies in international business for many years. We carry it out by the way of fusion of old economy and new economy, which make Chinacommercer.com much vitaler.

A fantastic idea

Journalist: Mr Law, you concerned hereinabove Chinacommercer.com aims to help small and medium-sized enterprises in Guangdong of China to do international business. Can you tell me why you orient the service of the whole-world-facing website to the needs of
Tongguan ?

Law: This has been already my patent. (Laughing) Our appetite is very small. Other websites want to be biggest in the world, whereas, we are only the biggest in Dongguan. If we could be biggest in Guangdong, we would be satisfied. The reason is very obvious, for which that value of export of Guangdong forms 44 % of total in China. If we only helped enterprises get information from Internet, which all business-to-business websites could do, our work would be worthless. Chinacommercer.com is the whole-world-facing website. But, it is very sorry for that, at present, we only can provide best service in range of which we can grasp. Globalized information and localized service?this is our patent idea. Certainly, the localization hereinabove is not limited in only Guangdong or only Dongguan. With development of Chinacommercer.com, where we expand, where our best service will spread. We will base on Dongguan, then develop to all the Guangdong. To make a good quality of our service in most preponderant region firstly, then to develop it to Guangdong, then to all the China, then to all the world ? this is long and great goal. Chinacommercer.com has one set of very fantastic theory that was created by myself. It costed RMB 100,000 to register this idea as patent in United States. (Laughing)

Journalist:Chinacommercer.com has created very nice idea, then how to make profit and how soon, you wish, the website will make true profit?

Law: Frankly speaking, I am a businessman. Nothing would we rather do than any other business without money making. If this website failes to gain, it will lost its realistic significance worth of its existence. In the first year, I wish Chinacommercer.com could balance expense with income. If such could be done, Chinacommercer.com would have already gone ahead. Our main income consists of registered members fee and bargain charge after business succeeding. Insurance, shipment, inspection and so on are necessary processes for enterprises to export. If every process is handled by us, the cost will be reduced because of huge purchasing. This is great benefit that enterprises can gain cooperating with us. Furthermore, this could mutually benefit for each other. The more amounts, the more we could benefit through the way of scale effect. We ever did investigation on supply chain. Buyers (Clothing trade, for example) can save 37% cost in trading with online service of Chinacommercer.com. The service of Chinacommercer.com is free during short period. Firms are helped make profit earlier than us, then they will be wrapped with us together to do it. We have long strategy. We provide best service for every enterprise. Once it feels satisfied, it will participate. In first term, Chinacommercer.com invested RMB 5,000,000 in software. It will add up to RMB20,000,000 when the project finishes.

It is easier to say than to do

Journalist: Much of creative idea on Chinacommercer.com is thought by you, would you like to talk about what you have learned from dealing in website?

Law: To operate a website is very complex and very troublesome. For being busy with the website, I could not eat well and sleep well. I become older and older. (Laughing)... Now people always concern e-business. I make sure that no one will use this word of electronic in five years for future business will be all done in Internet. Internet is only a tool as a carriage. From to take a carriage, then to take a motorcycle, to take a car, this is not fanciful. According to forecasts, global value of trade will add up to US$ 7,000 billion in 2004, 48% of which is carried out in the way of old economy making use of new economy. There is still the rest of 52% to be brought into effect through old economy. So it is impossible that old economy is completely eliminated. It seems weak to describe the fusion of old economy and new economy only as " mouse + brick", because that offline work is still more. To deal in Internet depending on only concept is not good. Although it is good to have idea, it is hard to put it into practice. Chinacommercer.com conforms capital flow, information flow and logistics relying on the experience of VTech Group of Companies for many years to help small and medium-sized enterprises gain profit. This is my original intention to deal in website.