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Industry

China to ramp up support for cross-border e-commerce development: MOC

July 03, 2020


Abstract : China will continue efforts to press ahead with the healthy and orderly development of cross-border e-commerce, the country's commerce ministry said Thursday.

BEIJING, July 3 (Xinhua) -- China will continue efforts to press ahead with the healthy and orderly development of cross-border e-commerce, the country's commerce ministry said Thursday.

Last year, the export value of cross-border e-commerce increased 60 percent from a year earlier, said Gao Feng, a spokesperson for the Ministry of Commerce (MOC) at a press conference.

In the first five months of this year, the country's cross-border e-commerce retail exports continued to gain momentum despite downward economic pressures caused by the coronavirus pandemic, according to Gao.

Gao noted that from January to May, the growth rate of cross-border e-commerce retail exports reached 12 percent year on year.

In 2019, China approved 24 cross-border e-commerce pilot zones, bringing the total number to 59. 

(Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)

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Keyword: cross-border e-commerce

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