China Cross-border e-Commerce Increased 10 Times in 5 Years
- On June 4, 2022
- china cross-border e-commerce
According to the statistics of China Customs, China’s cross-border e-commerce import and export has increased by nearly 10 times in five years. Last year, the scale reached 1.92 trillion yuan, an increase of 18.6%. Cross-border e-commerce has greatly lowered the professional threshold for international trade, making a large number of small and micro e-commerce the main force of new trade.
In recent years, with the advancement of Internet technology and the development of the digital economy, major changes have taken place in international trade, and cross-border e-commerce has developed rapidly from scratch. Cross-border e-commerce breaks through the limitations of time and space, reduces the intermediate links of trade, solves the problem of information asymmetry between the supply and demand sides, provides new development opportunities for more countries and more small and medium-sized enterprises, and reflects the inclusiveness and inclusiveness of trade. sexual development.
The COVID-19 epidemic has led to changes in consumer behavior, with a surge in online shopping demand from consumers in various countries, and the development of cross-border e-commerce is gaining momentum. In this context, China’s cross-border e-commerce has continued to grow rapidly. Since 2015, the State Council has approved the establishment of 132 cross-border e-commerce comprehensive pilot zones in six batches, covering 30 provinces, autonomous regions and municipalities across the country. In 2018, China Innovation introduced a regulatory policy for cross-border e-commerce retail imports, and gradually expanded the pilot scope to 31 provinces, autonomous regions and municipalities across the country.
The Ministry of Commerce, together with various departments and localities, has replicated and promoted nearly 70 mature experiences and innovative practices across the country. We have also actively participated in international cooperation and put forward China’s plans on multilateral occasions such as the WTO, G20, APEC, and the International Customs Organization. 23 countries signed a memorandum of cooperation in e-commerce. At present, many countries and regions have their own local cross-border e-commerce platforms. Relying on the advantages of manufacturing and market, Chinese local enterprises have developed rapidly, accumulated a lot of practical experience, and emerged a number of world-leading cross-border e-commerce platforms.
At present, more than 30,000 companies have registered on the online comprehensive service platform of the cross-border e-commerce comprehensive pilot zone. At the same time, cross-border e-commerce companies can better meet the personalized and customized needs of overseas consumers by creating a flexible supply chain that gathers elements and responds quickly.
China’s cross-border e-commerce not only sells to the world, but also buys the world. While enriching the domestic market supply and better meeting people’s needs for a better life, it also injects new momentum into global trade and investment. In recent years, ambassadors from many countries in China have broadcast live video sales of goods and actively promote their own products, which are widely welcomed by consumers in China.