Home » New Trends in Cross-border E-commerce | Expanding Space and Steady Growth Forming New Momentum for my country’s Foreign Trade Growth_Development_Export_Market

New Trends in Cross-border E-commerce | Expanding Space and Steady Growth Forming New Momentum for my country’s Foreign Trade Growth_Development_Export_Market

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New Trends in Cross-border E-commerce | Expanding Space and Steady Growth Forming New Momentum for my country’s Foreign Trade Growth_Development_Export_Market

Original title: New Trends in Cross-border E-commerce | Expanding Space and Steady Growth Forming New Momentum for my country’s Foreign Trade Growth

CCTV news:Cross-border e-commerce is a new form of foreign trade with rapid development, great potential and strong driving effect. Under the influence of the global new crown pneumonia epidemic, cross-border e-commerce has broken through time and space restrictions and reduced the intermediate links of trade, which not only expands the space for foreign trade development, but also becomes a new driving force for my country’s stable foreign trade development.

Data show that the proportion of my country’s cross-border e-commerce exports in foreign trade exports increased from less than 1% in 2015 to 4.6% in the first quarter of this year.

From the perspective of the market, in the first quarter, my country’s cross-border e-commerce exports to traditional markets such as the United States and Australia continued to maintain rapid growth, increasing by 97.9% and 1.4 times year-on-year respectively. At the same time, emerging markets are developing rapidly, and cross-border e-commerce exports to ASEAN countries and countries along the “Belt and Road” have increased by 98.5% and 92.7% respectively.

From the perspective of commodities, the types of export commodities are more abundant, and the products are gradually upgrading from labor-intensive products such as clothing and accessories to technology-intensive products such as digital and smart home products, and the added value of products has increased significantly. In the first quarter of this year, cross-border e-commerce exports such as semiconductors and integrated circuits increased by 95.4% and 1.8 times year-on-year respectively.

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From the perspective of the main body, the main force of cross-border e-commerce private enterprises plays a prominent role, accounting for 97.5%. Some traditional manufacturing enterprises are also using cross-border e-commerce to accelerate digital transformation, reduce costs and increase efficiency, and actively expand overseas markets.

Source: CCTVReturn to Sohu, see more

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Statement: The opinions of this article only represent the author himself, Sohu is an information publishing platform, and Sohu only provides information storage space services.

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