Tourists shop at a duty-free shopping mall in Sanya City, south China's Hainan Province, Oct. 5, 2020. (Xinhua/Guo Cheng)
BEIJING, Jan. 12 (Xinhua) -- The cross-border e-commerce in China's island province of Hainan registered fast growth in 2020, reported Hainan Daily quoting local authority.
According to the Department of Commerce of Hainan Province, the cross-border e-commerce retail import s of the whole province surged by 7. 53 times year on year to 526 million yuan in 2020, with the number of cross-border e-commerce enterprises growing quickly.
Currently, throughout the province there are 195 cross-border e-commerce enterprises that have registered with the customs, and renowned firms like Tmall Global, Kaola, Top Ideal, Onion Global and Fujian Dry-Port Group have all settled in the province.
It's learned that in early 2020, the whole island of Hainan was included in the pilot scope of cross-border e-commerce retail imports.
In particular, since the issue of the overall plan on Hainan free trade port construction on June 1, 2020, driven by favorable free trade port policies, the cross-border e-commerce of Hainan has developed at a faster speed.
According to an official from the Department of Commerce of Hainan Province, Hainan will further tap into the way of multi-model, differentiated, and online and offline integrated development in cross-border e-commerce, with Haikou, Sanya, and the Yangpu Economic Development Zone as focuses.
(Editedby Gu Shanshan with Xinhua Silk Road, email@example.com)