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The 135th Canton Fair closed in Guangzhou on May 5, handing over a bright "transcript". This year's Canton Fair not only reached a record high in the number of overseas buyers, but also set up for the first time.FreeslotscomslotmachineCross-border e-commerce and overseas warehouse exhibition area. The cross-border e-commerce exhibition area of the Canton Fair is very popular, which is the vigorous development of cross-border e-commerce in China.FreeslotscomslotmachineA vivid microcosm of.

Cross-border e-commerce has become a new engine of foreign trade growth. In 2023, China's cross-border e-commerce import and export 2Freeslotscomslotmachine.38 trillion yuan, an increase of 15.6%. In the first quarter of this year, China's imports and exports of cross-border e-commerce increased by 9.6%, of which exports from overseas warehouses of cross-border e-commerce increased by 11.8%. New business type, the cultivation of the new model ran out of the "acceleration". The rise of China's e-commerce platform has even caused a shortage of transport capacity, according to an article in Nikkei Asia. According to the Wall Street Journal, Temu is now one of the fastest-growing online retailers in the US market, offering a wide variety of products, with American consumers sharing that his 56-year-old mother seldom goes shopping but buys home furnishings on Temu. CNN reported that Temu has completely attracted consumers, with 51 million monthly active users in January 2024 alone, up nearly 300% from 13 million in the same month last year. The rapid development of cross-border e-commerce helps Chinese products reach the worldFreeslotscomslotmachineTo provide a wide range of choices for consumers around the world

Policy support protects the development of cross-border e-commerce. In recent years, China has issued a series of relevant policies to support the development of cross-border e-commerce. For example, the establishment of a comprehensive cross-border e-commerce pilot zone as an innovative highland for the development of cross-border e-commerce can effectively help stabilize the scale and excellent structure of foreign trade and effectively promote the innovation and development of business formats. Since the first cross-border e-commerce comprehensive test zone was established in Hangzhou, Zhejiang Province in 2015, by 2023, the total number has reached 165, covering 31 provinces, autonomous regions and cities in China. Each pilot project has actively explored and innovated in supervision, standards and informationization, and has gradually built an institutional framework with "six systems and two platforms" as the core. At present, the cross-border e-commerce trade scale of enterprises in the cross-border e-commerce comprehensive test area accounts for more than 95% of the whole country. At the 135th Canton Fair, the cross-border e-commerce comprehensive test area and overseas warehouse exhibition area reached 3000 square meters, and 158cross-border e-commerce and overseas warehouse enterprises were organized by 11 provinces to participate in the exhibition, attracting the attention of a large number of foreign buyers. The three-year Action Plan for Digital Commerce (2024-2026) issued by China's Ministry of Commerce recently clearly proposes to organize cross-border e-commerce comprehensive test zones to carry out special actions such as platforms and sellers going to sea.

Cross-border e-commerce enabling industry to expand the market. In recent years, China's major cross-border e-commerce platforms have increased cooperation with the industrial belt to help enterprises expand overseas business opportunities more accurately and efficiently through in-depth services. For example, many cross-border has gone deep into more than 100 manufacturing industrial belts in Zhejiang, Guangdong, Shandong, Anhui and other places to achieve full coverage of domestic manufacturing categories. It has promoted household, digital, luggage, outdoor, home appliances, clothing, accessories, toys, stationery and other high-quality products to more than 50 countries and regions around the world. The popularity of the molding industry in Taizhou, Zhejiang Province on Temu shows the transformation of the local traditional foreign trade industry; the new Chinese-style clothing produced in Changshu, Jiangsu Province is popular overseas, and some enterprises engaged in domestic trade have also begun to try cross-border e-commerce. The cross-border e-commerce platform drives the industrial belt "out to sea", helping China's high-quality supply chain to directly face global consumers, open new international markets, and promote industrial upgrading.

In the future, China will continue to promote institutional, management and service innovation, promote the high-quality development of cross-border e-commerce, and facilitate consumers and producers at home and abroad to enjoy more and higher quality products.