• Linkdin

China's 2022 cross-border e-com worth $0.31 trillion, up by 9.8% YoY

05 Feb '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

China's cross-border e-commerce last year was worth 2.11 trillion yuan ($0.31 trillion), up by 9.8 per cent year on year, according to data from the country’s ministry of commerce. A recent joint announcement released by Chinese authorities said cross-border e-commerce enterprises will enjoy slashed shipment and return costs to support the development of emerging foreign trade business patterns.

The country has introduced a slew of measures in recent years to support the development of cross-border e-commerce. Twenty nine items have been added to the list of retail imported goods in cross-border e-commerce from March 1 last year, according to China's ministry of finance.

Meanwhile, the notes of some listed commodities have been adjusted and optimised based on regulatory requirements, an official Chinese media outlet reported.

Fibre2Fashion News Desk (DS)

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search