data shows that the turnover for cross-border e-commerce in shenzhen stood above us$30 billion last year, with nearly half of the country's cross-border e-commerce merchants based in shenzhen, according to sznews.com.
the first china cross-border e-commerce summit was held in bao'an district on friday, attended by over 3,000 representatives from global leading cross-border e-commerce enterprises such as amazon, ebay and alibaba.
statistics showed that the turnover of cross-border e-commerce in shenzhen stood above us$30 billion last year, 76.1 percent higher than in 2014. the turnover in the qianhai bay bonded port reached us$189 million, six times that of 2014.
the state council appointed shenzhen as one of 12 pilot cities for cross-border e-commerce business in january. the first local standards of cross-border e-commerce in china are expected to be put in place in shenzhen this month, according to the report.
according to the work plan of the city's economy, trade and information commission, shenzhen plans to build nine outlets selling imported consumer goods and at least 15 cross-border e-commerce trading centers this year.
currently, over 20,000 cross-border e-commerce merchants, nearly half of the total number nationwide, are based in shenzhen, and the city is playing a leading role in shaping the country's cross-border e-commerce industry.
mei shaozu, a member of the advisory committee of the national commerce ministry, said shenzhen is an important base in south china to develop the cross-border e-commerce industry, as the city has a good location and transport system with rail links and ports.
mei said shenzhen still needs to learn from hangzhou, another pilot city for cross-border e-commerce, and set up six systems to facilitate the development of the e-commerce industry, such as an information sharing system, an online finance service system and a smart logistics system.
the gross merchandise volume (gmv) of alibaba group passed 3 trillion yuan (us$462 billion) from april 1 last year to monday, and the e-commerce giant will probably outpace walmart to become the largest retailer in the world by the end of march, according to a daily sunshine's report.
the company's latest financial results showed that alibaba's chinese retail website had 407 million active buyers annually. shenzhen ranked the third nationwide in purchase volume, and ranked fourth for sales volume on the website.
