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Agricultural Development Bank of China
News for Outlets

Cross-border e-commerce upgrades foreign trade of China's rust-belt province

July 13, 2020


Abstract : Jilin, a province in China's Northeast rust belt, reported robust growth in the retail imports and exports of the cross-border e-commerce in the first five months of the year.

BEIJING, July 13 (Xinhua) -- Jilin, a province in China's Northeast rust belt, reported robust growth in the retail imports and exports of the cross-border e-commerce in the first five months of the year.

Data shows that the cross-border e-commerce transaction volume of Jilin Province stood at 1.36 billion yuan (about 194.34 million U.S. dollars) in the first five months of the year, an increase of 28 percent year-on-year. In particular, the retail imports and exports of the province's cross-border e-commerce jumped by 15.3 times year-on-year.

Cross-border e-commerce is accelerating the transformation and development of foreign trade in the old industrial base.

"Cross-border e-commerce has opened new space for the development of Jilin's foreign trade, and has become a new engine  for the revitalization of Jilin, an old industrial base," said Wang Zhiwei, head of the Department of Commerce of Jilin Province.

With the help of Zhejiang Province where the country's e-commerce giant Alibaba is located, Jilin is witnessing rapid growth in the cross-border e-commerce business.

At the end of April, a Jilin-Zhejiang cross-border e-commerce operation center project was launched in Changchun Economic and Technological Development Zone. The project focuses on cross-border e-commerce trade, operations, supply chain and research and development.

On April 27, State Council, China's cabinet, approved establishment of a cross-border e-commerce comprehensive pilot zone in Jilin City, making it the third national-level cross-border e-commerce comprehensive pilot zone in Jilin Province, after those in cities of Changchun and Hunchun.

Apart from taking advantage of the cross-border e-commerce comprehensive pilot zones, the province is also making efforts to open logistics channels for development of the cross-border e-commerce.

In March of this year, the Changchun-Seoul cross-border freight charter flight loaded with about 10 tonnes of cross-border e-commerce parcels and some goods made its debut at the airport in Changchun.

The three China-Europe freight train routes including Changchun-Manzhouli-Europe, Changchun-Hunchun-Europe, and Changchun-Hamburg have also broadened the channels for development of cross-border e-commerce in Jilin Province. (Edited by Hu Pingchao with Xinhua Silk Road, hupingchao@xinhua.org)

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Keyword: e-commerce cross-border Jilin foreign trade

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