The State Council has recently officially approved the establishment of cross-border e-commerce pilot zones in 33 cities and regions. Hunan's Hengyang and Zhuzhou cities were included.
Hunan Province has shown a strong momentum in cross-border e-commerce development in recent years. Changsha, Yueyang, Xiangtan, and Chenzhou had been authorized to establish the cross-border e-commerce pilot zones before. With the two newly approved ones, the number of such pilot zones in the province reached 6. Beyond that, Hunan has 6 cross-border e-commerce retail import pilot cities. Hunan tops the central and western regions of China in terms of the number of national cross-border e-commerce platforms.
In 2021, Hunan's cross-border e-commerce imports and exports increased by 89.7% over the previous year, 74.7 percentage points higher than the national average. In the first half of this year, Hunan had maintained a double-digit growth in such figure.
These new pilot zones, as the 7th batch in China, are required to duplicate and advance the experience learned from the previous 6 batches of pilot zones, to give play to the role of cross-border e-commerce in boosting transformation and upgrades of traditional industries and promoting digital development of industries, facilitate optimization and upgrading of foreign trade, and accelerate building China into a trade powerhouse.
This article is from the Hunan Provincial Government www.enghunan.gov.cn.
Translator: Pang Yuehui
Chinese source: hunan.gov.cn