On August 22, 2025, China Business & Trade Platform (CBT), China's leading cross-border service platform for the automotive industry, and China COSCO Shipping Corporation Limited (COSCO) officially signed a strategic cooperation agreement. The two parties will integrate shipping logistics, digital trade, and supply chain finance resources to jointly build an "end-to-end" solution for China's automotive exports. Chairman Cao Wei and co-founder Zhu Qi attended the signing ceremony as representatives of the platform's founders and jointly announced the launch of the "Global Automotive Logistics Empowerment Plan" with COSCO representatives.
COSCO will leverage its global shipping network and multimodal transport system to provide the CBT platform with priority shipping space, customized sea-rail transport services, and a digital logistics tracking system covering 127 countries and regions. Furthermore, the CBT platform will integrate its independently developed "AI Supply Chain Brain" with COSCO's "Shipping Big Data Platform" to achieve full-chain visibility, from factory pickup, overseas warehousing and distribution, to terminal delivery. This is expected to improve logistics efficiency for China's automotive exports by over 30%.
A COSCO representative stated, "This partnership is a key initiative in support of China's 'dual circulation' strategy. Through deep collaboration with the CBT platform, we will not only provide Chinese auto brands with more competitive logistics cost solutions, but will also jointly explore the development of green channels for the export of
new energy vehicles, helping Chinese manufacturing climb to the higher end of the global value chain."
Notably, the two founders of the CBT platform, Zhu Qi and Cao Wei, both have extensive backgrounds in the automotive industry. Cao Wei and Zhu Qi are also the founders of Chongqing Jinyu Import and Export Trading Co., Ltd. (Jinyu Import and Export). Jinyu Import and Export is a leading domestic
Used Car exporter, specializing in both sales and exports. The company has partnered with over 30 domestic automakers and dealers, and its export network covers over 50 countries and regions, including Africa, Central Asia, and Russia. Chairman Cao Wei and co-founder Zhu Qi, as core decision-makers at the company, jointly launched the CBT platform in 2024, aiming to address pain points in Chinese auto exports, such as "fragmented supply chains, insufficient localized services, and low brand premiums," through digital solutions.
As a practical example of this collaboration, CBT's "Central Asia Express + Overseas Warehouse" model has achieved remarkable results. Through the "Chongqing-Horgos-Five Central Asian Countries" special train launched in partnership with COSCO, CBT has shortened the shipping time for new energy vehicles from brands like Changan and Seres compared to traditional ocean freight. Leveraging overseas warehouses in multiple countries, CBT offers localized "delivery upon arrival" services.
Zhu Qi revealed at the signing ceremony, "Over the next three years, we will work with COSCO to build the 'China-Africa Automotive Logistics Corridor,' deploying 10 smart warehousing centers in hub ports such as Algiers, Algeria, and Dubai Port. We will also jointly develop a 'single-bill' multimodal digital transport document to further reduce compliance costs for Chinese auto exports. By integrating shipping resources and digital technology, we expect to reduce logistics costs for Chinese auto exports to below 12%." Zhu Qi added, "Next, the platform will collaborate with COSCO to launch a 'carbon footprint tracking' service to help automakers meet green trade barriers in markets like the EU."
With the launch of the "Global Automotive Logistics Empowerment Plan," China's auto exports are moving from single-product competition to a multi-dimensional competition encompassing "product + service + ecosystem." This strategic partnership between CBT and COSCO not only sets a benchmark for cross-sector collaboration in the industry but also injects new momentum into the globalization of Made in China.