Indonesian Political, Business & Finance News

ChinaMarket Launches AI-Based Sourcing Platform at Fifth RCEP Expo, Connecting Global Buyers with Verified Manufacturers

| Source: ANTARA_ID Translated from Indonesian | Trade
ChinaMarket Launches AI-Based Sourcing Platform at Fifth RCEP Expo, Connecting Global Buyers with Verified Manufacturers
Image: ANTARA_ID

Linyi, China, (ANTARA/PRNewswire) - The Fifth RCEP (Shandong) Import Commodities Expo officially opened today at the Linyi International Expo Center, attended by more than 5,300 domestic and international buyers, as well as over 400 exhibitors from 48 countries. The event coincides with the launch of the “China Quality Foreign Trade Products Nationwide Promotion” programme, making it a crucial moment for Shandong in accelerating the integration of domestic and global trade.

As the digital trade platform of Linyi Mall, ChinaMarket held several meeting sessions on the opening day and formalised strategic cooperation with buyer delegations from Argentina, South Korea, Ghana, and other regions. ChinaMarket is further strengthening its role as an “integrated trade orchestrator” that leverages digital technology to match global demand with specialised manufacturing clusters in China, particularly for RCEP and Southeast Asian markets.

Exploring Partnerships Through Digital Platforms: Accelerating the Sourcing Cycle

With a model of “verified manufacturing cluster networks + omnichannel distribution”, ChinaMarket helps global buyers access verified Chinese manufacturers, from sectors such as building materials, plastic products, textiles, electronics, to household needs. At this event, procurement teams from Argentina, South Korea, and Ghana negotiated directly with factories via real-time data screens, AI-based features, and dedicated matchmaking sessions—resulting in several preliminary agreements.

“Previously, we had to search for suppliers separately, which was time-consuming and inefficient. ChinaMarket can accurately match our needs and recommend trustworthy factories,” said one buyer from Argentina. The South Korean delegation also gave positive feedback, describing the platform’s curated industrial cluster resources as “professional, responsive, and reliable.”

“Data + Financing” Solutions Reduce Cross-Border Trade Barriers

To address cross-border financing and payment challenges, especially for SMEs, ChinaMarket has partnered with financial institutions to introduce a “data + financing” scheme. This solution provides funding flexibility, lowers transaction barriers, and reduces payment risks for both parties.

Building an Agri-Tech Supply Chain from Upstream to Downstream

At the expo, ChinaMarket also formalised strategic cooperation with the Su Village Government in Yinan County, Linyi, to develop a digital agriculture cluster. Through a “direct procurement from source + platform distribution” model, Shandong’s flagship agricultural commodities can reach global markets, while providing stable and traceable supply chains for RCEP buyers.

Expanding Collaboration Networks in Southeast Asia and Other Regions

ChinaMarket continues to strengthen its expansion in Southeast Asia. In December 2025, the platform will launch a digital trade centre in Malaysia, opening access for local buyers to over 10,000 verified Chinese factories. In Indonesia, the “country pavilion” in Surabaya has supported government procurement projects, including the supply of prefabricated houses for infrastructure programmes—demonstrating ChinaMarket’s capacity to handle large-scale and complex projects.

“We want to be a ‘super connector’ between Chinese industrial clusters and global markets,” said Quan Chuanxiao, Chairman of Depth Digital Technology Group and ChinaMarket. “Digitalisation of cross-border trade also addresses challenges faced by buyers outside China in terms of trust and efficiency, making the sourcing process faster, simpler, and more reliable.”

Real Impact: Three Key Agendas in One Day

In a single day, ChinaMarket held three main agendas: participation in the opening session, the formalisation of strategic cooperation with international buyers, and a special meeting session for the Ghana delegation. The platform reaffirms its value proposition—building a foundation for digital industrial clusters, strengthening omnichannel distribution, providing data-based financial services, and integrating global demand connections.

During the expo, ChinaMarket manages two main zones (Hall 2 for quality export products and the Ghana National Pavilion in Hall 1) at the Linyi International Expo Center, complete with business meeting sessions. Business actors can access business partnership matchmaking services and cross-border trade support through the official website: https://www.prefabhouse.chinamarket.cn/ or by directly contacting the ChinaMarket team.

About ChinaMarket

ChinaMarket is the digital platform of Linyi Mall, serving as an integrated global trade ecosystem. The platform combines customs services, inspection, taxation, logistics, warehousing, financing, and insurance into a single “integrated trade and logistics dashboard” system. Currently, ChinaMarket hosts over 19,000 sellers (merchants) and 603,000 products, with transaction values exceeding RMB 24 billion.

View JSON | Print