E-business developed quickly in Shenzhen

Shenzhen is a port city at the coastal line in Guangdong province. It has advanced distribution networks in logistic industry. The financing industry is also developing well thanks to the adjacent to Hong Kong, which is the world financial center.

Shenzhen is also the national center of electronic components, jewelry, clocks and watches, metals, textiles, chemical products, subsidiary agriculture products business.

So products supplier is sufficient and the delivery is not a problem. Many logistic companies are located in Shenzhen, they have developed computer system to control sea transport, air transport, land transport etc and the distribution network is completing gradually.

Shenzhen export volume has ranked top in China for successive 17 years. Logistic industry is also maintaining the leading position, supporting the export industry in Shenzhen.

Shenzhen Special Economic Zone is set to leverage further economic reform and social development. Shenzhen is the earliest window of China's reform and opening-up to the world. So Shenzhen government could give out favorable policies for emerging company or emerging industries.

With government support, IBUonline has hit the market for about one year. In one year time, it has collected millions of buyers and suppliers information. It has taken the lead to reform traditional B2B platform so it could open the platform partly. All the registered members could post product information and company information on the platform without any charge.

IBUonline also launched value added services to the customers, such as foreign trade entrustment service, global information distribution services , easy order tool service, etc.