THE CURRENT SITUATION OF CROSS BORDER E-COMMERCEDE VELOPMENT IN CHINA

Ju. V. Solovieva () and Yu Mengxin ()

International Trade and Trade Policy, 2023, vol. 9, issue 2

Abstract:   In the 21st century, there is a development of the Internet economy, created by combining the real economy with a virtual one that closely connects the global market. Cross-border e-commerce is showing significant activity. The authors note that China's cross-border e-commerce has evolved through government support policies and the rapid development of cross-border e-commerce platforms. The benefits of cross-border e-commerce are increasingly emerging and driving the transformation and modernization of China's national manufacturing industry. By continuously improving cross-border platforms, China's cross-border e-commerce industry is benefiting from a combination of a good vision for foreign trade platforms, a thriving variety of goods, and huge market demand, demonstrating a rapid development trend.  The purpose of this article is to attempt to analyse China's specific import and export data in the field of cross-border e-commerce, share and growth rates of the top ten categories of exported goods, industry participation of users and obstacles, which they have to deal with, as well as to identify a way to get an idea of the current situation in the development of cross-border e-commerce in China and propose appropriate countermeasures to eliminate obstacles.  The authors argue that the development of cross-border e-commerce can be understood from different perspectives to contribute to the development of China's economy.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:acl:journl:y:2023:id:604

DOI: 10.21686/2410-7395-2023-2-126-133

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