China will continue to offer policy support to promote the growth of cross-border e-commerce, calling for deepened international cooperation and exchange, an official said Friday.
Li Xingqian, director general of the Department of Foreign Trade under the Ministry of Commerce, told a press conference that China's cross-border e-commerce trade rose 10.5 percent year on year in the first six months of 2024, 4.4 percentage points higher than the country's foreign trade growth.
From the market perspective, imports and exports with countries including France, Belgium, Spain, and Malaysia have seen relatively faster growth, Li said.
Based on a recent survey of enterprises conducted by the ministry, nearly 80 percent of cross-border e-commerce companies are optimistic about the growth momentum in the second half of the year, he noted.
Looking ahead, more measures will be taken to optimize the service ecosystem to better support the growth of cross-border e-commerce businesses.
"We will optimize the service ecosystem. We will fully implement the special policies for cross-border e-commerce, support the empowerment of cross-border e-commerce to drive the development of industrial clusters, and provide guidance to local authorities in fostering exemplary models in the industry. We will organize offline events to facilitate experience sharing among the integrated pilot zones of cross-border e-commerce. We will support the brand cultivation of cross-border e-commerce," he said.
Meanwhile, the ministry will leverage the role of local industry associations to strengthen industrial self-regulation, guide cross-border e-commerce enterprises to operate in compliance with regulations and engage in orderly competition, and actively fulfill their social responsibilities, said Li.
"In the second half of the year, we will hold the 136th China Import and Export Fair, also known as the autumn session of the Canton Fair, where we will continue to set up a special exhibition area for cross-border e-commerce. In addition, we will encourage Chinese logistics companies to strengthen international cooperation with postal enterprises in host countries, especially to enhance the last-mile delivery capabilities of cross-border e-commerce enterprises," said the official.
Li said enhanced international exchanges and cooperation in the area of cross-border e-commerce are encouraged, while the platforms should also expand their product categories and service functions.
"On the other hand, we will deepen international cooperation, actively participate in international multilateral and bilateral negotiations, give full play to the communication mechanisms such as the bilateral economic and trade committee and the trade facilitation working group, and promote the experience, practices and achievements of China's cross-border e-commerce development. We will vigorously develop Silk Road e-commerce programs, and support cross-border e-commerce pilot zones, industries and enterprises at all levels to actively engage in international exchanges and cooperation. We encourage cross-border e-commerce platforms to expand their product categories and service functions, supporting both the sound development of consumer-oriented e-commerce platforms and the innovative development of B2B platforms for industrial equipment, semi-finished products and components," he said.
China to offer stronger policy support for cross-border e-commerce
