E-commerce company defies gloomy trade outlook (2)

With manufacturing costs constantly growing, small foreign trade companies urgently need to concentrate on services to improve profitability, Xiao said.

As international trade becomes increasingly subdivided, related services have also split, becoming more costly, leading to a demand for concentrated services.

With the combined demand from clients, OneTouch is able to bargain with banks and other service providers and receive better services from the government, Xiao said.

OneTouch facilitates trade financing to its clients from banks, helping its clients meet capital demands and banks lower their risks.

Shenzhen OneTouch is one of several businesses engaged in new foreign trade models, which have driven the imports and exports of Shenzhen and Guangdong province, said Zheng Jianrong, deputy director of the provincial Department of Foreign Trade and Economic Cooperation.

With a 6.4 percent growth, Guangdong, a champion of foreign trade in the past two decades, beat both the national increase of 5.8 percent and most coastal provinces in foreign trade in the first 11 months of this year.

As a new foreign trade model, OneTouch helps lower the cost of foreign trade, raise efficiency and lift the competitiveness of the export commodity supply chain, says a research report of Zheng's department.

Zheng said the foreign trade growth of the province is expected to slow slightly next year.