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China Cocoon and Silk Exchange, a national exchange specialized in cocoons and silk, was established in 1993 in Jiaxing, Zhejiang province with the approval of the former Ministry of Foreign Trade and Economic Cooperation and Ministry of Textile Industry. CCSE has positively developed online trading, online finance, warehousing logistics, trade Cooperation, and information portal on the basis of the industrial Internet platform (esilk.net) as the core of supply-chain finance and the new retail of bulk commodities, which has effectively linked the upstream and downstream of the industrial chain, provided cocoon and silk enterprises with safe, fast and convenient online trading methods and a full range of cocoon and silk supply chain service system, and solved the problems on raw material procurement, product sales, financial docking, warehousing, logistics, information sharing, etc., achieved win-win cooperation and high-quality development. For so many years, CCSE has been awarded “China's Top 100 Commodity Market”, “China's Top 10 Innovation Market”, “‘Specialized, Refinement, Differential, Innovation’ Small and Medium-sized Enterprises in National Textile Industry (Golden Cocoon Platform)”, “Zhejiang Province Key Cultivation Market”, “Zhejiang Province Four-Star Civilized Standardized Market”, “Zhejiang Business Industry Leading Market”, “Zhejiang Province Key Circulation Enterprise”, “Zhejiang Supply Chain Pilot Enterprise in Innovation and Application ”, “Zhejiang Key E-commerce Platform Enterprise”, “Jiaxing Agricultural Leading Enterprise” and many other honors.
The headquarter of CCSE is located in Jiaxing City, Zhejiang Province, the main distribution center of Chinese silk, with rich cocoon and silk resources and unique location advantages. CCSE is equipped with advanced computer trading network system by state-funded e-silk engineering, well-designed business premises, excellent capital settlement center, advanced logistics as well as financial supporting service system. To achieve full coverage of the industrial chain, CCSE has set up a cocoon supermarket in Hechi, Guangxi, where silkworm breeding and silk reeling industry is relatively concentrated, and a raw silk supermarket in Huzhou, Zhejiang, where the silk weaving industry is relatively concentrated.
CCSE has both online and spot transaction. Online trading implements the form of membership organization, which has reached more than 200 ones now, and adopts B2B model in e-commerce relying on Golden Cocoon Platform, with dried cocoons and raw silk as the main trading varieties, on the principle of openness, justice, fairness and integrity.Spot transaction adopts the following form: Companies rent business rooms in CCSE and set up operating organizations, which are to be enrolled and registered in Jiaxing. Transactions are concluded by negotiation in multi-varieties, among which cocoons and silk are main trading products.
After years of innovation and development, CCSE has become the trading, pricing, information and logistics center of China's cocoon and silk industry. Its “nationwide” characteristics are prominent: it has more than 500 upstream and downstream customers in the industrial chain, covering China’s major cocoon and silk production areas; the online real-time information users has reached more than 3,000 (including nearly 700 foreign customers); the website hits and views has averaged more than 16000 times per day, a total of more than 100 million times. Formed by a variety of trading methods on the market platform, “Jiaxing Cocoon and Silk Price Index” was assessed as “China's Top Ten Most Influential Commodity Market Index” by CASS and has become an indicator of the international cocoon and silk price.
In line with the national strategy of “the New Development Paradigm Featuring Dual Circulation, in which Domestic and Overseas Markets Reinforce each other, with the Domestic Market as the Mainstay”,CCSE strives to build a safe and efficient “Golden Cocoon Supply Chain Service Platform of Cocoon and Silk Industry” covering the upstream, middle and downstream, promote the formation of a unified national market for the cocoon and silk industry, realize the efficient docking between the cocoon and silk raw material base in the central and western regions and the deep processing and weaving industry in the east, promote the high-quality development of cocoon and silk enterprises, drive the common prosperity of silkworm farmers in the central and western regions and consolidate the pricing power of China's cocoon and silk industry in the international market. Under the new development situation, CCSE will remain true to our founding mission, constantly innovate the trading model, expand the service content, meet the needs of cocoon and silk enterprises with better service, and make greater contributions to the development of China's splendid silk industry!
