Pachammer to open cross-border supply chain HQ in Lin-gang
The Lin-gang Special Area Administration, Pachammer and Shanghai Harbour City Development Group sign a cooperation agreement on May 6. [Photo/WeChat ID: shlgguanweihui]
Shanghai's Lin-gang Special Area Administration, Pachammer, and Shanghai Harbour City Development (Group) Co Ltd signed a cooperation agreement on May 6.
Cross-border e-commerce service provider Pachammer – a Shenzhen city-based global operator facilitating the expansion of Chinese manufacturing overseas – is on the move.
Plans are for it to establish its cross-border supply chain headquarters in the Lin-gang Special Area in East China's Shanghai.
The aim is to create a global hub for cross-border digital trade, investing 500 million yuan ($69.21 million) over five years and to create at least 1,000 jobs.
The initial phase will be at Shanghai Harbour City Development Group's premises – Hubintiandi, involving the hiring of 150 research and development personnel.
Pachammer operates a platform connecting tens of thousands of cross-border supply chain factories and digital trade sellers globally.
With operations spanning over 140 countries, the company manages the entire cross-border digital trade process – including procurements, platforms and payments – offering a comprehensive service for Chinese manufacturers expanding abroad.
Lin-gang, with its location and policy advantages, is said to offer a strong foundation for cross-border e-commerce. Plans are for the Dishui Lake AI Innovation Hub in Lin-gang to serve as a crucial platform for domestic businesses to expand internationally.
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