report:

Global cross-border e-commerce is expected in 2020

Transaction size breaks trillion U.S. dollars

2021.1

According to the Economic Reference Network, the University of International Business and Economics Beijing Research Base of Enterprise Internationalization and the Social Science Literature Publishing House jointly released the "Blue Book of Overseas Development of Chinese Enterprises: Report on Overseas Development of Chinese Enterprises (2020)" (hereinafter referred to as the report). The report shows that the scale of global cross-border e-commerce transactions is expected to exceed US$100 billion in 2020, with an average annual growth rate of up to 30%.

 

 

The report believes that since the outbreak of the new crown pneumonia epidemic, global trade has continued to fall. Chinese companies have used new trade formats and models such as cross-border e-commerce platforms to greatly buffer the huge impact of the epidemic, and stabilize China's foreign trade in 2020 and for some time to come. The basic disk provides an important endogenous power.

 

In 2020, the General Administration of Customs will innovate to carry out cross-border e-commerce business-to-business (B2B) export pilots, adding "9710" and "9810" trade methods, and launching pilots in 22 directly-affiliated customs offices such as Beijing to integrate cross-border e-commerce supervision innovation Promote from B2C to B2B, with supporting measures to facilitate customs clearance.

 

At the press conference held today by the Information Office of the State Council, Li Kuiwen, spokesperson of the General Administration of Customs and Director of the Statistical Analysis Department, said that according to preliminary customs statistics, my country's cross-border e-commerce imports and exports in 2020 will be 1.69 trillion yuan, an increase of 31.1%. , Of which exports were 1.12 trillion yuan, an increase of 40.1%, and imports were 0.57 trillion yuan, an increase of 16.5%.

 

Previously, data released on the website of the General Administration of Customs showed that in 2020, 2.45 billion import and export invoices were approved through the customs cross-border e-commerce management platform, an increase of 63.3% year-on-year.

 

Source: E-commerce News