The importance of cross-border e-commerce continues to highlight
In 2021, China’s export scale will continue to expand, and the total export trade will reach 21.73 trillion yuan, with a growth rate of over 30%. “Affected by the continuous rise of international logistics costs, my country’s export trade structure will continue to adjust in 2022, and many foreign trade businesses will begin to shift to high value-added industries.” Qin Fen said.
As an important force in the development of my country’s foreign trade, Chinese private enterprises are playing an increasingly important role in foreign trade exports. In 2021, the total import and export volume of my country’s private enterprises will reach 19 trillion yuan, a year-on-year increase of 26.7%, accounting for 48.6% of my country’s total import and export volume, and contributing 58.2% to the growth of foreign trade. Since my country opened up private foreign trade in 1999, private trade exports have increased by 1,800 times, accounting for 60% of my country’s total exports. Qin Fen believes that in the coming year, the vitality of my country’s foreign trade operators will continue to be stimulated, and private enterprises will play a more important role in promoting the stable development of my country’s foreign trade.
From the perspective of trade objects, China’s trading partners have become more diversified, and the markets of countries along the “Belt and Road” have become a new growth point for foreign trade. Since the joint construction of the “Belt and Road” initiative was put forward in 2013, trade between my country and countries along the “Belt and Road” has become increasingly close. According to customs statistics, in the first quarter of this year, my country’s imports and exports to countries along the “Belt and Road” reached 2.93 trillion yuan, a year-on-year increase of 16.7%. Among them, exports were 1.64 trillion yuan, an increase of 16.2%; imports were 1.29 trillion yuan, an increase of 17.4%. Qin Fen believes that “with the advancement of the ‘Belt and Road’ construction, Thailand, Malaysia, Singapore, Vietnam and other Southeast Asian countries have generated a lot of trade incentives for China.”
Among them, cross-border e-commerce, as a new business model and new model, has become a vital force in my country’s private foreign trade field and an important trend in the development of international trade. Customs statistics show that in 2021, my country’s cross-border e-commerce imports and exports will be 1.98 trillion yuan, an increase of 15%; of which exports will be 1.44 trillion yuan, an increase of 24.5%. With the rapid development of the digital economy, the five-year compound growth rate of global e-commerce will increase rapidly in less than three years from 2020 to 2022. The rapid development of cross-border e-commerce platforms has spawned the rapid development of the entire online transaction, which is a very definite trend.
Post time: Apr-29-2022