In order to meet the international market consumption needs, China’s cross-border e-commerce trade has continued to grow steadily. In the first quarter of this year, the cross-border e-commerce accounted for 7.8% of the country’s exports, driving the export growth by more than 1 percentage point. The cross-border e-commerce enterprises are active, and service network covers more than 200 countries and regions. However, they still face problems and challenges such as the need to improve their capabilities, expand their financing channels, and further optimize the regulatory and service environment. In this context, the Ministry of Commerce, together with relevant departments, conducted a special investigation, and formed an opinion based on the needs of the industry and enterprises.

The opinions include 15 initiatives in five aspects:

Actively cultivate cross-border e-commerce enterprises. Focusing on the capacity building of enterprises, support cross-border e-commerce in empowering industrial development, support enterprises in “borrowing exhibitions to go abroad”, strengthen the construction of industry organizations and talent cultivation, and continuously promote brand building.

Increase financial support. Smooth financing channels for cross-border e-commerce enterprises, optimise cross-border capital settlement services, promote cross-border e-commerce supply chains to reduce costs and increase efficiency, and facilitate enterprise financing.

Strengthen the construction of relevant infrastructure and logistics systems. Promote the high-quality development of overseas warehouses, enhance the logistics protection capacity, help cross-border e-commerce-related enterprises to “go global” and consolidate the foundation for development.

Optimise cross-border e-commerce export supervision, improve cross-border data management and service level, and create a favourable environment.

Accelerate the construction of standards in the field of cross-border e-commerce, improve the compliance level of enterprises, continue to deepen international exchanges and cooperation, and share the development results with relevant countries.

As a next step, the Ministry of Commerce said it will work with relevant departments and units to run key exhibitions such as the Canton Fair and the Digital Trade Fair, support the enhancement of existing local cross-border e-commerce exhibitions according to market-oriented principles, and promote the further optimisation of the functions of overseas smart logistics platforms to provide enterprises with more display and docking platforms.

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