CHINA'S CROSS-BORDER E-COMMERCE TRADE UP 10.5% YOY

Customs data showed that the trade volume of China's cross-border e-commerce totalled 1.22 trillion yuan (about US$170.95 billion) in the first half of 2024, up 10.5% year over year.

 

State media said this development was boosted by supportive policies, including the establishment of pilot zones for cross-border e-commerce development and facilitation of customs clearance.

 

Looking ahead, China expects the country would further streamline customs clearance procedures and improve services to support the development of cross-border e-commerce.