In 2024, several sectors continued to thrive, with cross-border e-commerce standing out as a key area of growth. As China's export e-commerce industry rapidly expands, the scope of its influence has spread across the globe, with sellers from small towns to large cities riding the wave of international digital commerce.
Cross-Border E-commerce: A Rapidly Growing Sector
Cross-border e-commerce has become a widely recognized and lucrative industry, showing significant growth over the years.
According to China’s General Administration of Customs, the country’s cross-border e-commerce imports and exports reached RMB 1.22 trillion in the first half of 2024, representing a 10.5% year-on-year increase, which outpaced overall foreign trade growth by 4.4%. This demonstrates the growing prominence of cross-border e-commerce in China’s economy.
Driven by advancements in logistics and e-commerce platforms offering streamlined services such as full and partial fulfillment models, c...
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