This ultimately means an increase of 12.7% compared to last year. Trade Partner (TP): The trade partner role developed as CBEC evolved and integrated all functions of the industry chain into a single, comprehensive service provider. The Lan Wan Campaign was launched on the 6 th March 2020, during the peak of the COVID-19 outbreak in China, to fight against IPR infringement at cross border e-commerce transportation channels. However, the liabilities and authorizations will be mostly dependent on the framework of the service contract signed by the e-store owner and the trade partner. As of November 23, the center has handled over 6 million batches of imports and exports, up 285% year-on-year. ), E-stores owned by hypermarkets (e.g., Watsons, Suning, Sam’s Club, etc. Alibaba acquired China’s then-largest cross-border e-commerce platform Kaola in September 2019 and will integrate it into Tmall. At $5.8 Trillion in 2018, China has the second’largest market in the world according to Alizila group (Alibaba) Trending in China eCommerce. The 2020 China Cross Border E Commerce Insights. Voice Assistant and Smart Speaker Users 2020. ), Social e-commerce (e.g., WeChat, TikTok, QQ, etc. Cross-border e-commerce 20 Trade volume of China's cross-border e-commerce players 2011-2016 21 GMV of China's import e-commerce market 2013-2021 22 Popularity of cross-border e-commerce platforms in China 2017 23 Share of products bought on cross-border e-commerce sites in China 2017-2018, by type This article illustrates the functions and services provided by third-party agencies, i.e. On May 6, 2020, China’s State Council issued the Approval of the Establishment of Integrated Pilot Zones for Cross-border E-commerce in 46 Cities and Areas (Guo Han [2020] No.47).According to the document, Xiong’an New Area (Hebei province), Sanya (Hainan province), and 46 other cities will build up new cross-border e-commerce (CBEC) pilot zones, bringing the total to 105 such zones in China. Head Export Promotion, Swiss Business Hub USA However, the liabilities and authorizations will be mostly dependent on the framework of the service contract signed by the e-store owner and the trade partner. Publication Date. COVID-19’s Impact on Businesses and Consumers in Latin America. E.g., TMall Global requires 25,000 US dollars and JD Worldwide requires 15,000 US dollars for normal products and 30,000 US dollars for certain products like luxury goods, milk powder and nursing care. The cross-border e … With economic and trade cooperation growing between China and the Association of Southeast Asian Nations (ASEAN), border areas in China's Guangxi Zhuang Autonomous Region have played a significant role in connecting China with the ASEAN. 　　Government departments should continue to strengthen the top-level design, increase institutional innovation, introduce policies and measures to improve the level of facilitation, speed up the replication and popularization of successful experiences and practices nationwide, support the construction of new foreign trade infrastructure such as overseas warehouses, and explore international rules for cross-border e-commerce. (Third Party) Costs of Marketing and Branding Activities: Paid to Relevant Service Providers. The Cross-border E-commerce Forum of the 2020 China E-Commerce Convention, themed in integration, contribution and win-win, was held during the session. The import and export trade is as old as mankind, but this year, the numbers are skyrocketing! The service is accessible through mini-programs on the company’s news aggregation app, Toutiao, as well as Douyin. Much of that purchasing power would go through cross-border e-commerce this year, due to the pandemic travel restrictions. Report. Source information is only available to PRO subscribers. 2020’s Biggest US Forecasting Shocks. To say that the China Cross Border E Commerce (CBEC) is booming is an understatement. Article. China is not alone in celebrating what used to be an exclusively Chinese festival. However, the most challenging question is how to successfully enter a large Chinese e-commerce platform. Border areas in China's Guangxi accelerate connectivity between China and ASEAN. With the rapid growth of global cross-border e-commerce, enterprises in the industry chain are also expected to usher in new opportunities for development. It doesn’t require an import permit, but products may be subject to tax up to 15/30/60% according to your product. The cost varies among different trade partners, as defined by the service contract. TPs normally assign 8-10 staff members for each flagship store for their services, which are categorized into 7 modules: TMall Global and JD Worldwide have their own CBEC warehouse and logistics teams, and normally foreign brands work with these CBEC platform giants directly. “China recorded the highest number of orders, followed by Korea, Taiwan, Hong Kong, and Japan,” said Ho. 　　Zhang Bin, deputy director-general of the Department of Foreign Trade at the Ministry of Commerce, said at the forum that supporting the development of new cross-border e-commerce trade formats is an essential measure to adapt to the new trend of the industrial revolution and promote the steady improvement of import and export. He proposed to promote the sustainable development of cross-border e-commerce with a more forward-looking vision, a more inclusive mindset and at a more coordinated pace. China’s cross-border retailers are also facing new opportunities and challenges brought by the pandemic. The statistics & predictions reflect that it is on an exponential rise. UK Holiday Season Shopping 2019. There will be no cross-management or overlapping functions in this matter to avoid confusion and problems. For example, a TP specializing in cosmetics should have knowledge of the rules concerning government registration of such products, while one in food products would have experience in storing and distributing perishable goods. "I think the keys to success in cross-border e-commerce are 'plenty, fast, good and … Get an overview on the players in the Chinese cross-border e-commerce ecosystem and learn how to choose the right trade partner. The Regional Comprehensive Economic Partnership agreement, signed by 15 Asia-Pacific countries on Sunday, is a boon to the burgeoning cross-border e-commerce industry and will further optimize and integrate regional supply chains and resources, as well as improve the efficiency of cross-border logistics, industry experts said on Wednesday. Please get in touch with our consultant for China, Daniel Bont. JD Worldwide charges 1,000 US dollars for each product category. Cross-border e-commerce paves an express way for foreign brands to enter the Chinese market, however how to market and sell foreign goods in the Chinese market is a problem that troubles many cross-border merchants. This year more than $250 billion dollars in commerce is expected through cross border e-commerce in China and more than 600 million active online consumers are expected by 2023. 　　Industry associations and research institutions should strengthen communication and coordination, give full play to their influence and leadership, and push countries to mutually expand the opening of their markets and improve the level of facilitation. Chinese consumers are influenced by foreign and South Korean … By CGTN; Nov. 25, 2020; Share . The COVID-19 outbreak coul Due to the COVID-19 pandemic, the enforcement of social distancing, lockdowns and other measures has driven up the demand for online shopping in China. Copyright © Beijing International Trade in Services Center. Topics. In case of any quality-related problems, the Chinese authorities can trace and find the responsible entity in China. 1. FedEx website). Cross-Border B2C E-Commerce in the Asia-Pacific, 2020 - China Outpaces Others in Cross-Border E-Commerce Development - ResearchAndMarkets.com March 06, 2020 05:40 AM Eastern Standard Time 　　The recent "Black Friday" shopping festival, combined with overseas year-end festivities, has kept the orders of Chinese foreign trade enterprises rising. 08.10.2020 How to Work with a Trade Partner on a Cross-Border E-Commerce Platform in China Due to the COVID-19 pandemic, the enforcement of social distancing, lockdowns and other measures has driven up the demand for online shopping in China. Daily operation and maintenance of the e-store, Assistance in marketing activities and supply chain management, Warehousing and logistics (bonded warehouse or direct mailing), 365 days x 12 hours consecutive online customer service, Integrated e-commerce platform (e.g. Market places: Currently, the four top CBEC platforms in China are: Foreign Brands: Particularly for CBEC, the brands and products are from abroad and are promoted either by the brand owners, a commercial partner (an importer/distributor) or a foreign trade promotion agency. Copied. In this session, Ryan Molloy (CEO of RedFern Digital) provides contemporary insights on the state of cross-border e-commerce (CBEC) in post COVID-19 China: providing strategic advice to UK brands on best practices for approaching the market, diving deep into: Approaches to consider relating to your current level of China market entry 08.10.2020 How to Work with a Trade Partner on a Cross-Border E-Commerce Platform in China In this session, Ryan Molloy (CEO of RedFern Digital) provides contemporary insights on the state of cross-border e-commerce (CBEC) in post COVID-19 China: providing strategic advice to UK brands on best practices for approaching the market, diving deep into: Approaches to consider relating to your current level of China market entry Now in China, over 20,000 cross-border e-commerce platforms are competing for this promising market with only a few leaders enjoying good business, based on Qichacha, an application delivering data and analytics on China-based private and public companies to consumers and enterprises. 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