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Cross-border E-commerce Business Volume of Tianjin Port Free Trade Zone Accounts for More Than 60% of That of the Whole City This Year (1)

  A few days ago, the Fourth Cross-Border E-Commerce Innovative Development Forum and Cross-Border E-Commerce Summit of Tianjin 2019 was held in Tianjin Port Free Trade Zone.

  The theme of this forum is ^new development, new driving force and new concept ̄. Relevant leaders of Tianjin Municipal Commerce Bureau, Tianjin Customs and Tianjin Port Free Trade Zone Administrative Committee attended the meeting, and other participants include nearly 400 industrial experts, scholars and entrepreneurs in the cross-border e-commerce sector. They discussed the development plan of cross-border e-commerce and looked forward to the development prospect of cross-border e-commerce.

  Participants of Kaola, Alibaba, Best Group, eBay, LianLian Pay, Banggood Technology, Sunshine Jietong, and Jianweida Technology, among others, gave themed speeches.

  An officer of China Merchants Bank Tianjin Branch explained the policies on free trade (FT) account.

  The statistics of cross-border e-commerce in Tianjin in the first 11 months of 2019 are as follows:

  The total number of import transactions declared for clearance is 28.287 million, with a year-on-year increase of 59.9%;

  The import sales volume is RMB 4.835 billion, with a year-on-year increase of 89.2%.

  The statistics of cross-border e-commerce in Tianjin Port Free Trade Zone in the first 11 months of 2019 are as follows:

  The whole-year total number of transactions exceeds 18 million, with a year-on-year increase of 52.5%;

  The goods value exceeds RMB 2.8 billion, with a year-on-year increase of 46.9%.

  The business volume of Tianjin Port Free Trade Zone in this aspect accounts for more than 60% of that of the whole city.

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