LINE

    Text:AAAPrint
    ECNS Wire

    Cross-border e-commerce booms in China as more Chinese demand for foreign goods

    1
    2016-02-15 10:10Ecns.cn Editor: Mo Hong'e

    (ECNS) -- American lobsters, New Zealand fruits, Australian steaks, South Korean cosmetics and Russian crabs. A simple click of the mouse allows Chinese Internet users to buy almost anything in the world thanks to the rapid growth of cross-border e-commerce, the Guangzhou Daily reports.

    Purchasing overseas products online has become an increasingly popular way to prepare for the Spring Festival, China's Lunar New Year, in the southern city of Guangzhou.

    Many online shoppers interviewed by the newspaper said they can buy high-quality products at much lower prices than in supermarkets.

    Online retail sales amounted to 3.88 trillion yuan ($589 billion) nationally, up 33.3 percent in 2015, according to the Ministry of Commerce.

    The rapid e-commerce growth is underpinned by China's ever-expanding population of online shoppers. By December 2015, over 60 percent of the country's 688 million Internet users, approximately 413 million, made purchases on the Internet, according to data released by the China Internet Network Information Center (CNNIC). 

    Internet users in rural areas reached 195 million, at a growth rate doubling the urban expansion. E-commerce sites like Alibaba, JD.com and Suning.com all have intensified efforts to attract rural online consumers, the CNNIC said.

    A recent study by Tmall Global, the international division of Taobao Tmall, and China Business News shows that cross-border e-commerce will keep growing at a high speed in the next three to five years.

    China will optimize customs clearance processes, give tax reductions and exemptions, and encourage cross-border electronic payments to boost development of cross-border e-commerce, the State Council, China's cabinet, said last June.

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 怀仁县| 锦州市| 葫芦岛市| 林周县| 收藏| 沙湾县| 泰顺县| 阿勒泰市| 临桂县| 根河市| 岗巴县| 阿克苏市| 资兴市| 阳东县| 永兴县| 中牟县| 高安市| 奉贤区| 诸暨市| 延寿县| 巴里| 探索| 壤塘县| 兴国县| 富裕县| 东乌| 新乡市| 太仆寺旗| 汨罗市| 隆尧县| 嘉祥县| 柯坪县| 邻水| 马边| 界首市| 绵竹市| 新平| 静海县| 屏南县| 佛山市| 泰安市|