In February, China’s State Council issued a statement approving the establishment of more cross-border e-commerce pilot zones in 27 cities and regions. It now brings the overall tally of pilot zones to 132, covering almost all provincial-level regions in China, from coastal industrial powerhouses like Jiangsu, Zhejiang and Guangdong to inland areas.
An updated list with expanded items of imported retail goods for cross-border e-commerce took effect recently, Wang said. The list, issued in April 2016, has been optimised several times and its commodity categories kept increasing, official Chinese media reported.
China's total goods imports and exports expanded by 21.4 per cent year on year to 39.1 trillion yuan (about $6.2 trillion) last year.
Fibre2Fashion News Desk (DS)