China's cross-border e-commerce trade up 80 pct in 2017

          Source: Xinhua| 2018-02-09 15:58:56|Editor: Yamei
          Video PlayerClose

          BEIJING, Feb. 9 (Xinhua) -- Cross-border e-commerce trade has been flourishing in China, with turnover rising 80.6 percent from a year earlier to 90.24 billion yuan last year.

          The average annual growth rate for the past three years is more than 50 percent, said Yu Guangzhou, head of China's General Administration of Customs (GAC) Friday at the first Global Cross-Border E-commerce Conference in Beijing.

          China's e-commerce exports surged 41.3 percent to 33.65 billion yuan last year, while imports rocketed by 116.4 percent to 56.59 billion yuan.

          Chinese customs handled 660 million manifests for e-commerce trade in the past year, 8.4 times as much as for conventional imports and exports, according to Yu.

          On Nov. 11, the Singles' Day online shopping festival, Chinese customs processed a total of 16.2 million orders, about 187 per second.

          Yu said that China's customs authority would continue to boost cross-border e-commerce and improve services to meet Chinese demand to buy foreign goods online.

          The Ministry of Commerce said that 220 countries and regions across the world were covered by China's cross-border e-commerce network as of 2016.

          Zhao Ruxia, director of the GAC International Department, said that the conference would be held once every two years to facilitate global customs cooperation.

          Unlike traditional foreign trade, deals made through e-commerce platforms often involve small orders and target end-consumers, posing new challenges to customs control.

          To address the issue, the World Customs Organization (WCO) has set up an e-commerce working group to develop international standards.

          At the two-day conference, a draft WCO framework of standards on cross-border e-commerce will be discussed to determine on the basic principles on customs control, according to Zhao.

          Discussions over the framework will also touch upon trade convenience and security, taxation, statistics and capacity building.

          The framework will be the world's first guidance document on customs control for cross-border e-commerce, she said.

          Nearly 2,000 people from 125 countries and regions attended the conference.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011103261369621991
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  亚洲国产AV网址 | 亚洲h在线播放在线观看h | 天天综合亚洲日韩在线 | 亚洲欧美国产精品久久 | 欧美视频精品一区二区 | 一色屋手机视频在线 |