According to data released by the Zhejiang Provincial Department of Commerce, from January to August 2020, cross-border online retail sales in Zhejiang Province reached 80.17 billion yuan, a year-on-year increase of 25.7%, of which export value was 57.70 billion yuan, a year-on-year increase of 21.9%.
Behind the increase in data is a large number of traditional foreign trade companies and manufacturing companies that are accelerating their transformation to cross-border e-commerce.
As the leading platform with the largest market share of cross-border e-commerce for 6 consecutive years in China, Tmall International recently released 2020 cross-border e-commerce keywords: outbound consumption return, cloud entry, bonded warehouse live broadcast, bonded zone factory, cross-border speeding-up, customs clearance in seconds, overseas direct purchases, and the China International Import Expo. These keywords show the importance of Tmall Global in cross-border consumption on the one hand, and on the other hand express Tmall Global’s desire for overseas merchants to settle in.
“Bonded warehouse live broadcast”, “cross-border second-speed delivery”, “second-level customs clearance system” and other new Tmall international models have greatly improved consumers’ cross-border experience. Can’t face to face? Just sign a video contract and shake hands in the air.
A large number of overseas brands have entered China through “cloud entry” and “cloud new” methods. Tmall International continues to build “fast lanes” for overseas brands to enter China, and through continuous improvement of the construction of imported ecological infrastructure such as logistics, warehousing, and supply chains, it helps overseas brands to explore the Chinese market more conveniently and efficiently.
It is reported that since its establishment in February 2014, Tmall Global has ranked first in the cross-border e-commerce market for 6 consecutive years. Up to now, more than 26,000 overseas brands have settled in 84 countries and regions around the world, covering more than 5,300 categories, of which more than 80% of brands have entered China for the first time.