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Agricultural Development Bank of China
News for Outlets

NE.China Liaoning FTZ Shenyang area H1 registers RMB460 mln of cross-border e-commerce trade

July 09, 2021


Abstract : The Shengyang area of northeast China's Liaoning Pilot Free Trade Zone (FTZ) witnessed 4.59 million cross-border e-commerce transactions with total value of 460 million yuan in the first half of the year, more than the total volume of last year, reported Liaoning Daily Thursday.

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File photo shows people enquire at the service hall of the Shenyang area of China (Liaoning) Pilot Free Trade Zone (FTZ) in Shenyang, capital of northeast China's LiaoningProvince, April 10, 2017. (Xinhua/Yang Qing)

BEIJING, July 9 (Xinhua) –The Shengyang area of northeast China's Liaoning Pilot Free Trade Zone (FTZ) witnessed 4.59 million cross-border e-commerce transactions with total value of 460 million yuan in the first half of the year, more than the total volume of last year, reported Liaoning Daily Thursday.

By far, a total of 27 entities have started businesses on the cross-border e-commerce platform in the area, and the e-commerce import and export products covering 1,000 categories have been shipped to 30 countries and regions in the world.

Relevant supporting facilities have been built in the Shenyang area to promote cross-border e-commerce operation, including an international express parcel supervision center with a total investment of 100 million yuan, an international express mail center located at the Taoxian International Airport, a bonded warehouse covering a total area of 30,000 square meters for cross-border e-commerce businesses, and more than 30 e-commerce live-streaming enterprises.

While strengthening policy support for cross-border e-commerce operations, the area also provides financial support for relevant enterprises, such as credit financing. At the same time, it has also opened four cross-border e-commerce international freight routes to San Francisco, Los Angeles, London and Seoul, and special mail routes for China-Europe freight train services.

Besides, three physical stores and more than 20 community stores have been put into operation in the Shenyang area of Liaoning FTZ, and it vows to build a total of 1,000 cross-border e-commerce display stores and counters in five years.

The area will continue to introduce leading enterprises in the cross-border e-commerce industry to settle in the area and strengthen the pilot operation of the live-streaming sector as well as imported medicines sales.

(Edited by Jiang Feifan with Xinhua Silk Road, 346129473@qq.com)

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Keyword: FTZ e-commerce cross-border Liaoning

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