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Industry

Zhengzhou witnesses booming e-commerce cross-border trade

June 03, 2019


Abstract : Zhengzhou, capital city of central China’s Henan Province,  witnessed robust cross-border e-commerce trade last year, Economic Daily reported.

BEJING, June 3 (Xinhua) – Zhengzhou, capital city of central China’s Henan Province,  witnessed robust cross-border e-commerce trade last year, Economic Daily reported.

According to the report, the city saw its e-commerce trade volume increase 25.1 percent year on year to 8.64 trillion U.S. dollars last year, ranking the third among all cities in the country, and at the same time, nearly 100 million cross-border e-commerce import and export parcels were delivered.

Zhengzhou has strived to set up an information-based comprehensive service platform that integrates customs clearance, inspection and trade, and build “single windows” to provide a one-stop customs clearance service for cross-border e-commerce platforms.

In recent years, China (Zhengzhou) cross-border e-commerce pilot zone has continuously attracted well-known cross-border e-commerce enterprises, and more and more e-commerce platforms, including Alibaba, Jumei.com and Kaola.com, and logistic companies, such as UPS and DHL, chose to settle in the pilot zone and quickly started their business.

In the first quarter of this year, China saw the growth rate of cross-border e-commerce trade volume approach 70 percent nationwide.

The cross-border e-commerce has become the new highlight for the innovative development of foreign trade and the key driving force for transformation and upgrading. (Edited by Yang Yifan, yangyifan@xinhua.org)

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Keyword: E-commerce

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