A country's foreign trade commodity structure can reflect the country's economic development status. The structure of foreign trade commodity is mainly determined by the country's economic development level, industrial structure, natural resource conditions and trade policies, while the improvement of the export commodity structure depends on the improvement and upgrading of the domestic industrial structure.
Expanding second-hand goods exports is a microcosm of the new changes in China's export structure. Under the current complex international situation, it is also an important measure to maintain stable growth in foreign trade. In the future, the export of second-hand goods will become an important part of China's export trade and will also be an inevitable choice for mutual benefit and win-win results between China and the vast number of developing countries.
Over the past 40 years of reform and opening up, China has gradually transformed from an economic power to an economic power, and the people's living standards have been greatly improved. As people's demand for product quality increases, the frequency of product updates increases, resulting in a large number of idle second-hand products with surplus value.
At the same time, there are some countries and regions in the world with relatively backward economies, and there is a considerable demand for second-hand goods in China. Export domestic second-hand goods to countries and regions in need, import local goods needed in China, and communicate with each other and benefit mutually beneficial.
Take the second-hand car industry as an example. China has officially started the second-hand car export work since May 2019, which is of great significance to the development of the second-hand car industry and even the development of the automobile industry chain. It is also an important milestone for China's second-hand goods to go abroad. In 2019, China's new car sales volume was about 26 million. If calculated based on the fact that the second-hand car transaction volume in developed countries is 2-3 times the new car sales volume and the second-hand car export volume is more than 10%, the potential market capacity of China's second-hand car exports can exceed 6 million vehicles, and the corresponding market size can exceed 500 billion yuan, with huge development potential.
also has huge potential in the second-hand mobile phone industry, both for the domestic consumer market and overseas trade market of second-hand mobile phones, there are broad prospects.
At present, China has become the world's largest high-end smartphone market. The increase in purchasing power of Chinese people has brought about an increase in the frequency of changing phones, and has also spawned the rapid development of the second-hand mobile phone trading market. With the arrival of the 5G replacement wave, the idle stock of old phones will further increase; on the other hand, some developing countries are beginning to build 4G networks, and the demand for cost-effective 4G mobile phones is increasing. At present, the domestic second-hand mobile phone trading market is booming, and countries in overseas markets such as Africa, Southeast Asia and Latin America frequently throw olive branches, so the second-hand mobile phone recycling trading platform "Flash Recycling" seized this opportunity and hit a home run.
Flash Recycling is a brand under Flash Recycling Technology that focuses on recycling business. According to different business models, Flashback Technology uses Flashback as its main brand and forms a composite brand strategy with the company's other C2B/B2B/B2C platform brands.
Flash Recovery received nearly 100 million yuan in Series A investment of Xiaomi Group Heshunwei Capital in 2018, and completed a B1 round of financing in 2019. As the largest second-hand mobile phone recycling platform in the country, Flash Recycling's layout based on the industrial Internet has also established a leading market position:
- Recycling service provider for Apple channel stores
- Samsung China's largest recycling service provider
- Xiaomi's exclusive cooperation recycling service provider
- Huawei /Honor/vivo official cooperative service provider
- China Mobile Group's shortlisted service provider
- China Unicom Group's largest core recycling service provider
- Disintong , Gome and other leading cooperative service provider
Flash Recycling has built a mature industrial layout in China, while actively integrating online and offline traffic channels to innovatively build an industrial Internet in the vertical second-hand mobile phone industry. Next, Flash Recycling will join hands with Xiaomi International's overseas business, with Africa as its first stop market, and will sell second-hand mobile phones abroad.
African continent is one of the few regions in the world with rapid population growth. By comparing the data from the United Nations, we found that the African population structure in 2019 is highly consistent with the China's population structure model in 1977 (as shown in Figure A). From the development process of China's economy, we can understand the role of the demographic dividend on the economy well. In the future, with the popularity of 4G networks in Africa and the population model with young people as the main structure, second-hand smartphones equipped with rich application software and high cost performance will surely be warmly welcomed.
FigureA
This flash recycling has deepened cooperation with Xiaomi and obtained a number of official authorizations from Xiaomi International to clear data, test and grading, system refresh, repair and repackaging, etc. in domestically recycled second-hand Xiaomi mobile phones, and then transport them to overseas markets for sale.
This round of in-depth cooperation marks that Flash Recycling has further opened up the original supply chain on the basis of the existing industrial chain, and has achieved vertical and deep industrial chain breakthroughs and regional breakthroughs in the horizontal dimensions in the vertical industrial ecosystem it focuses on.
Through this cooperation, flash recovery has expanded overseas markets, not only exploring a sea area for the export trade of second-hand goods, but also making positive attempts and breakthroughs for the development of the domestic circular economy.
flash recycling, about to set sail, let's wait and see!
