The latest data from the General Administration of Customs shows that in the first half of this year, China’s cross-border e-commerce import and export amounted to 1.22 trillion yuan, a year-on-year increase of 10.5%. Cross-border e-commerce has become the new kinetic energy of China’s foreign trade development, transformation and upgrading of the new track. According to preliminary customs estimates, in the first half of 2024, China’s cross-border e-commerce import and export amounted to 1.22 trillion yuan, up 10.5% year-on-year; higher than the overall growth rate of China’s foreign trade in the same period by 4.4 percentage points. From 1.06 trillion yuan in 2018 to 2.38 trillion yuan in 2023, China’s cross-border e-commerce imports and exports have grown 1.2 times in five years.
China’s cross-border e-commerce is booming, and in 2023, the cross-border e-commerce and cross-border mail and express shipments under the supervision of the Customs reached more than 7 billion pieces, with an average of about 20 million pieces per day. In this regard, the Customs and Excise Department has continued to innovate supervision methods, develop and apply cross-border e-commerce import and export supervision systems, and strive to improve the efficiency of cross-border e-commerce customs clearance. Meanwhile, a series of measures have been taken to ensure that both fast and manageable.
Innovative export consolidation mode cross-border e-commerce run out of “acceleration”.
Today, cross-border e-commerce has become a new trade bridge directly linking global consumers and producers, in which everyone can participate. Domestic consumers in the short-video platform to watch live with goods, the fastest day after the order can drink red wine from France; foreign consumers in the e-commerce platform, click the mouse, only two or three days to wear the latest fashion from China.
Enterprises in the “sell global” in the development, consumers in the “buy global” in the benefit. In recent years, cross-border e-commerce imports have become more and more abundant, household dishwashers, video game equipment, ski equipment, beer, fitness equipment and other hot commodities have been added to the list of cross-border e-commerce retail imports, the list of commodity tariffs reached 1,474. With the rise of “Made in China” and the rapid development of cross-border e-commerce exports, domestic trendy clothing, apparel and bags, and other “fast-fashion” retail merchandise online ordering consumption mode is widely favored by overseas consumers. However, the online purchase of fast-fashion products often requires return and exchange due to size mismatch and consumers’ dissatisfaction with the wearing effect, etc. The problem of “difficult return” of cross-border online purchase has once become a problem for consumers and cross-border export enterprises. Relying on cross-border e-commerce special area export return policy, cross-border e-commerce exporters can also be inside and outside the special customs supervision area of the integration of logistics warehousing and management team to operate in the same warehouse to promote the pooling of export commodities logistics management costs reduced by 30%.
“Summer economy” hot cross-border e-commerce new track
The scorching sun, “summer products” has become a popular commodity for foreign consumers to buy, cross-border e-commerce seasonal commodities exports rose significantly, adding new vitality to China’s foreign trade. This summer, foreign consumers have snapped up “made in China”, cross-border e-commerce export parcels increased significantly.
Export volume increased significantly at the same time, cross-border e-commerce time requirements have also increased significantly, customs and other departments to strengthen the scientific and technological equipment to protect efforts to enhance the port operations and customs clearance and inspection capabilities to ensure that seasonal e-commerce commodities quickly out to sea.
Source: CCTV
