China (Shanghai) Free Trade Zone Officially Launches Smart Trade Service Platform Project

Shanghai, December 18, 2019: The kick-off meeting for the Smart Trade Service Platform of Shanghai Waigaoqiao International Trading Operation Center Co., Ltd (“ITOC”) was held in the Waigaoqiao Machine Center conference hall.

The meeting was chaired by Mr. Huang Baohua, deputy general manager of ITOC. Attendees included leaders and key personnel from different departments of ITOC, and key members of the project from eCOM Information Technology (Shanghai) Co., Ltd (“eCOM”). Mr. He Guoguang, general manager of ITOC, Mr. Horace Mak, general manager of eCOM, and Mr. Zheng Yubei, project manager of eCOM, each gave a speech respectively.

Photo of ITOC leaders and eCOM leaders. Mr. He Guoguang, General Manager of ITOC, Mr. Huang Baohua, Deputy General Manager of ITOC. Mr. Horace Mak, General Manager of eCOM.

Building the Smart Trade Service Platform is an important measure based on the development strategic direction of ITOC. It helps ITOC to integrate existing business systems as well as customs platform, warehouse management system, transportation management system, and office automation systems to create an interconnected, efficient, and secure cloud computing platform.

ITOC leaders participated in the kick-off meeting.

The Smart Trade Service Platform helps ITOC to realize the integration and sharing of data among various business systems and to fully mine massive business data accumulated over the years within the business systems to realize a quick search and actively push data. It also provides system connections between relevant functional departments and clients to perform real-time query for operation status of customs, warehousing, transportation, and other businesses so as to further enhance customer experience and synergies. Therefore, the platform is of great importance for ITOC to improve the level of information and data intelligence management, promote management innovation and efficiency, and reduce management risks.

Each key leader of ITOC gave a brief introduction to ITOC’s respective business characteristics and important positioning, and expressed the highest commitment to this project. All members in the project are required to deeply cooperate with each other to successfully complete the project launch and achieve the expected goal.

Mr. Horace Mak expressed his thanks to ITOC for entrusting eCOM with the project, and then introduced its professional industry experience and use cases in trade and logistics while introducing the application of eCOM Registry blockchain in trade and logistics.

Mr. Horace Mak, General Manager of eCOM, presents the Smart Trade Service Platform

Both parties believe that building the Smart Trade Service Platform will improve ITOC’s comprehensive service capacity and internal work efficiency by integrating the existing business into the cloud, integrating business and information resources, and building a one-stop trade service cloud platform with the import and export business as the core. The Smart Trade Service Platform, powered by eCOM big data analysis and artificial intelligence, will provide better value-added services for enterprises inside or outside the Shanghai Pilot Free Trade Zone.