SMEs can find more channels to explore overseas market

SMEs are facing labor force and production materials cost hike, which makes the profit slim.

European countries still did not come out from the European debt crisis completely and US economy development is uncertain due to hike unemployment rate.

SMEs can find other channels to develop potential customers, such as attending trade fairs or find international buyers on some B2B platforms.

The 111th China Import and Export Fair is known as the Canton Fair, one of China’s oldest and best-known trade exhibitions, which will be staged in two different stages, the first phase is from April 15 to April 19 and the second phase is from May 1 to May 5.

The number of visitors is expected to be increased exceeding last year record 103,060.

The official support from various levels of government showed an effort to align policy among different departments with the Ministry of Commerce’s goal to expand imports and foreign trade.
Exhibitors from nearly 530 companies from 49 countries and regions were in attendance this year.

Additionally, B2B platforms now have diversified services, not only providing buying or selling offers, but also providing value added services, such as logistic service, customs clearance service etc,

SMEs may make a budget first before deciding to attend trade fair or use paid services on some B2B platforms.

IBUonline is a B2B website, which has helped many SMEs get overseas orders.