S. China's Guangxi FTZ sees cross-border e-commerce trade value up 108.4 pct on-yr in Q1

Updated: May 7, 2022 Source: Belt and Road Portal
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Aerial photo taken on Nov. 19, 2020 shows containers piled at the Qinzhou Port in south China's Guangxi Zhuang Autonomous Region. (Xinhua/Zhang Ailin)

China (Guangxi) Pilot Free Trade Zone (FTZ), located in south China's Guangxi Zhuang Autonomous Region, saw its cross-border e-commerce trade value surge 108.4 percent year on year to 3.51 billion yuan in the first quarter, Yang Chunting, director of the region's department of commerce said on Friday.

The growth could be partially attributed to the establishment of a logistics network connecting Guangxi with the members of the Association of Southeast Asian Nations (ASEAN).

According to Yang, since its inauguration in 2019, Guangxi FTZ has been committed to building a fast delivery-featured logistics network for trade with ASEAN countries. For example, the Nanning area of the FTZ has launched 10 cross-border e-commerce air routes to Thailand, the Philippines, Malaysia, Singapore, and other countries. The Qinzhou Port area has built a sea transport network to link with the main ports in ASEAN members, and the Chongzuo area has opened 22 cross-border highways and launched 13 cross-border railway routes.

So far, Guangxi FTZ has introduced more than 100 e-commerce enterprises. Lazada, Alibaba Group's flagship e-commerce platform for Southeast Asia set up the first cross-border innovation center in the Nanning area of Guangxi FTZ, and the Singapore-headquartered e-commerce giant Shopee also established its ASEAN cross-border e-commerce logistics center in the Nanning area. 

Editor: Yang Yifan