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China provides strong support for cross-border e-commerce

(People's Daily Online)    09:52, May 27, 2015

According to statistics from the Ministry of Commerce, in 2014, China's cross-border online-retail volume jumped to 449.2 billion yuan, a growth of 44 percent, of which imports accounted for 129 billion yuan, a growth of 60 percent.

E-commerce enterprises have already made strategic arrangements for overseas online shopping. In 2014, e-commerce enterprises including Alibaba, JD.com, Amazon China's Z.cn launched their overseas online shopping platforms.

Logistics companies and group-buying websites have also entered the overseas online shopping market. Statistics shows that there are more than 200,000 cross-border e-commerce enterprises and over 5,000 related platforms at present.

However, the rapid growth of overseas online shopping has caused many problems. In addition to import tax issues, it has also brought new challenges for regulators.

With regard to the growing domestic consumer demand, it is not only the companies themselves which have secured business opportunities. The government has also seen progress in "steady growth and structural adjustment" through overseas activity.

Since Aril 28, China's cabinet and related ministries have released six guidelines in less than a month, providing strong support to the development of cross-border e-commerce.

This article was edited and translated from 《跨境电商获密集政策扶植 百姓“海淘”将更方便快捷》, source: People's Daily Online, author: Liu Ran.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Editor:Du Mingming,Huang Jin)

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