CHINA’S CROSS-BORDERE UP -COMMERCE TRADE

SUNDAY, FEBRUARY 11, 2018
CHINA’S CROSS-BORDERE UP -COMMERCE TRADE

Cross-border e-commerce trade has been flourishing in China, with turnover rising 80.6 per cent from a year earlier to 90.24 billion yuan (Bt454 billion) last year.

The average annual growth rate for the past three years has been more than 50 per cent, said Yu Guangzhou, head of China’s General Administration of Customs on Friday at the first Global Cross-Border E-commerce Conference in Beijing.

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