LOS ANGELES, Dec. 19, 2016 /PRNewswire/ -- As the biggest developing country and developed country, China and the US have developed their economic and trade relations to be one of the most important bilateral ties in the world. In 2015, two-way goods trade reached $558.3 billion, and two-way investment stock exceeded $160 billion. China-US relations have already transcended the bilateral scope and have profound impact on the sustainable development of the world economy, due to the enormous trade volume and nearly half of the world economy output.
Economic and trade cooperation, with the essence of mutual benefit and win-win result, is the "propeller" of China-US relations. On Dec. 11 and 12, the JUMORE arrived in Los Angeles, and held the 1st Cross-Border E-Commerce Summit-Los Angeles, USA, jointly with Los Angeles' Chamber of Commerce, to make in-depth exchanges with well-known entrepreneurs, bankers, economists, leaders of chambers of commerce and associations, as well as the world's top 500 enterprises, and to deepen strategic cooperation with the United States.
Los Angeles is the largest trade and warehousing industry center on the US west coast, and also the home for many in the petrochemicals, marine, aerospace and electronics industries. The Los Angeles port and the secondary port of Long Beach, located in San Pedro, receive up 70 percent of the container throughput on the US west coast. There is no doubt that Los Angeles is the bridgehead of America-and-Asia cross-border trade.
During the trip, the delegation also visited northern and southern California, and carried out various cooperation exchanges with associations and chambers of commerce in various fields, as well as the world's top 500 companies, with the aim to help American enterprises quicken their entry into the JUMORE platform and achieve global cross-border cooperation.
California is the most economically developed region of America. California has exceeded France in GDP by 2016, becoming the world's sixth largest economy. The world's top-class enterprises, technologies and experts in the area of advanced manufacturing, information industry, modern agriculture and aerospace industry, are based in California. The close cooperation between JUMORE and California will enhance the complementary and mutually beneficial relationship among all parties on JUMORE platform to achieve efficient development.
On the ecological JUMORE platform, America and European countries have significant advantages in innovative technologies and high-end services, which will equip many manufacturing enterprises on the platform with advanced technologies and services, so as to help them improve the technical level, and realize intelligent manufacturing. Plenty of manufacturing enterprises on the platform will be able to embrace the vast European and American markets and other international markets, providing high-quality goods to the whole world. An enormous amount of purchase orders on JUMORE platform will also bring great business opportunities to raw material exporting countries, and the manufacturing experiences and technologies from China will help various countries to conduct industrial upgrading, thereby increasing the added value of their exported products.
The multilateral cooperation network constructed by the ecological JUMORE platform will bring about innovative and mutually beneficial growth of the trade and economy for all countries. JUMORE's Chairman Lu Hongxiang stated in the summit that, mutual benefit and win-win result should be the cooperative basis for all parties. It is exactly the value concept of JUMORE that "Only Altruism Wins Self-Interest".
The concept and model of JUMORE was highly recognized by people from business and government in the US. Ben Ghalmi, an analyst of economics and finance, believed that JUMORE meets the needs and trends of the current era with a clear pattern, inclusiveness, and social responsibility. The representative of HSBC Bank Debbie Chen. said in the talks that, HSBC is willing to strengthen cooperation with JUMORE, to help it reach outstanding enterprises from Los Angeles and all of America, propelling the rapid economic development of both the US and China.
At present, the E4B model of JUMORE, which leads to mutual benefit and win-win situation, has achieved abundant accomplishment. As of September 2016, JUMORE has reached cooperation consensus with all provinces IN China and more than 100 countries. JUMORE's E4B model is providing powerful support for the world economy to fulfill mutual benefit and win-win result, and for achieving innovative growth of the trade and economy of all countries.
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SOURCE Jumore E-commerce Co., Ltd