Digital trade is becoming a new engine for high-quality economic development! Cross-border e-commerce has a lot to offer

Release time : 2024-05-13

At present, China is in a critical period of transformation from a trading country to a trading power, and digital trade has become one of the "three pillars" supporting the construction of China's trade power alongside trade in goods and service trade. According to the latest data from the General Administration of Customs, China's cross-border e-commerce imports and exports in 2023 amounted to 2.38 trillion yuan, an increase of 15.6%. According to the Ministry of Commerce, in 2022, China's imports and exports of services that can be digitally delivered amounted to $372.71 billion, up 3.4% year-on-year.

In addition, in terms of job creation, cross-border e-commerce not only creates a large number of jobs, but also creates more opportunities for mass entrepreneurship, especially for youth groups. According to the survey data of the Association of Labor Economics, in 2023, cross-border e-commerce exports increased by 297.9 billion yuan, and 1.8 million new jobs were created, an increase of about 1 million people over the previous year.

In the context of traditional trade pressure, cross-border e-commerce, as the fastest developing, the greatest potential, the strongest driving role of the new foreign trade format, will show more powerful market vitality and growth resilience. According to the "14th Five-Year Plan" e-commerce development Plan, by 2025, China's e-commerce transaction volume will reach 46 trillion yuan, the national online retail sales will reach 17 trillion yuan, and the cross-border e-commerce transaction volume will reach 2.5 trillion yuan.

According to the professional version of the data show that as of now, there are nearly 20,000 enterprises related to cross-border e-commerce, of which, from January to April 2024, there are more than 2,400 newly registered related enterprises, up 29.5% from the same period in 2023;

From the perspective of geographical distribution, Guangdong, Shandong and Zhejiang, the three places have cross-border e-commerce related enterprises in the forefront, there are more than 6,700, more than 2,850 and more than 2,000;

In terms of establishment time, 54.6% of related enterprises were established within 1-5 years, and 30.2% of related enterprises were established within 1 year.

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