China trade opens potential of ModulTrade platform
The initial MTP China Roadshow was undertaken in January to gain exposure across China’s iconic and major cities: Shenzhen (9th/10th), Guangzhou (11th), Hangzhou (12th), Beijing (13th). As a result, It’s been a very rewarding and fruitful journey, with tremendous achievement in the launching of the MTP strategy in one of the most important market’s in global trade – China.
During the roadshow, several mutually beneficial and productive meetings took place with a targeted group of potential business partners, such as suppliers, bankers, investment companies, private investors, logistics participators and associations, governmental resources partners, crypto exchange platforms, media experts and KOL.
Following said discussions, we are pleased to share some of our key highlights and developments, below. These are all instrumental to the development and expansion of the MTP, to the benefit of both users and partners and we are looking forward to taking these further down the line.
- Miners Suppliers
We met with iconic mining factories such as BW, Panda miners, Yibite, and Avalon, based in two of the most prestigious regions of Shenzhen and Hangzhou. These companies are onboard and have signed agreements with concrete plans to put their products on the MTP. This strategic move of bringing key miners into the global trade flow through the MTP has been agreed in line with the timeline to make it happen.
2. Investment companies, groups and individual investors
We’ve met with local investment companies, groups and individual investors, who expressed interest in exploring the possibility of investing into the platform with serious plans for evaluation and follow-up. This feedback maintains the very positive feedback on the pioneering endeavors of applying Blockchain technology to B2B global trade.
Special credit and thanks goes to Sail group, Ucaninv investment company, YK investment group, along with the individual investors who we had the pleasure of meeting.
3. Chinese Crypto platform
To be more user-friendly in China, the MTP spoke with some of the most prestigious and fast growing crypto platforms, such as ZB, EXX, and 8BTC. A few cooperative frameworks have been agreed to go with an action plan to get STQ into the list, to allow easy and secure access for the millions of potential Chinese investors.
4. Association and governmental resources partners
We’ve had rewarding meetings and visits with local associations and partners who have governmental resources and backing: such as, Guangdong logistics associations, the governmental-authorised association to cluster the logistics-related ecosystem, with wide variety of suppliers, logistics services providers, and government involvement.
One notable example is P.G logistics, one of the top integrated SCM solution providers in China, with 80 rep offices throughout China. Cooperation from such B2B business will be carried out within an agreed portfolio and timeline.
5. Media experts and KOL
Media and industry KOL has always been a critical part for entry into the Chinese market, and our roadshow returned some solid responses from Media experts and KOL. We have been in discussion with some of the most credible finance and high tech media outlets,s such as DailyFX, Tecent Finance Guangdong, ifinance channel of Ifeng, and feedback has been very positive with talk of excitement and anticipation on the bright future of MTP. Some specific cooperative plans from a local media and marketing perspective have been reached, with more to follow.
Why China and its four key economic hubs?
To give you an insight into why ModulTrade has selected China to expand its MTP, see below details on each of the four regions visited during the roadshow, with their individual appeal and benefits.
Shenzhen — The center of high technology and information technology manufacturing center, one of the most famous production zone for miners globally and with favorable industry force for Blockchain technology;
Guangzhou — the south gate of China, and the center of one of the most dynamic economic center Pearl River Delta, also gains its huge fame of the international trading center for the century trading platform — CANTON FAIR
Hangzhou — A city with great importance and significance for the Ecommerce industry, where the head quarter of Alibaba, locates, and very dynamic ecosystem of online business, along with the startup entrepreneurs and business endeavors for new and high technology, such as crypto investment, Blockchain technology. It is, also the one of most important centers for miner producers.
Beijing — Capital of China with favorable economic and political environment throughout the whole country, an ideal place to leverage the 1st tiers of the top investors and companies from China for the varieties of directions, including Blockchain technology.
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