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New normal of China’s foreign trade development

July 9, 2021

In recent years, in order to promote China’s foreign trade, we have taken many measures, such as expanding the pilot scope of cross-border e-commerce comprehensive pilot zone, actively promoting the development of overseas warehouses, and supporting the development of offshore trade where conditions permit. The new format and new mode is an effective force in the development of China’s foreign trade and an important trend in the development of international trade.

The scale of cross-border e-commerce has increased nearly 10 times in five years

In recent years, China’s foreign trade has developed rapidly in new forms and models, and cross-border e-commerce is one of them. According to the General Administration of customs, in 2020, China’s cross-border e-commerce imports and exports will reach 1.69 trillion yuan, up 31.1% year on year.
Since the beginning of this year, cross-border e-commerce has continued to maintain a strong growth momentum. A spokesman for the Ministry of Commerce said that in the first quarter of this year, the import and export of cross-border e-commerce reached 419.5 billion yuan, up 46.5% year on year.
There are mainly the following new features: first, from the perspective of channels, cross-border e-commerce has gradually developed independent websites, social networking sites, search engine marketing and other new channels relying mainly on third-party platforms.
Second, from the perspective of the main body, from the early personal and trade-oriented enterprises to the integration of trade-oriented enterprises and production enterprises, many production enterprises have changed from offline to online, and the digital level has been significantly improved.
Third, from the perspective of products, it has gradually changed from simply focusing on cost performance to focusing on brand, quality, standard, service, etc., with the rapid growth of customized and personalized goods.

In terms of scale and speed, the development of cross-border e-commerce has maintained a double-digit growth rate in recent years. The total scale has increased nearly 10 times in five years, and the proportion of cross-border e-commerce in foreign trade has continued to increase, especially under the impact of the epidemic, it has played an important role in stabilizing foreign trade. In order to further promote the development of cross-border e-commerce, it is necessary to continue to increase support, such as expanding the pilot scope of cross-border e-commerce comprehensive pilot zone, optimizing the list of cross-border e-commerce retail imports, facilitating the management of cross-border e-commerce import and export returns, and formulating cross-border e-commerce intellectual property protection guidelines.

Improve the digital and intelligent level of overseas warehouse

In the development of cross-border e-commerce, overseas warehouse is an important supporting point. According to the data, at present, China’s cross-border e-commerce has more than 1800 overseas warehouses, which are distributed in Russia, Japan, South Korea, the United States and other countries and regions, with a growth rate of 80% in 2020 and an area of more than 12 million square meters.

Overseas warehouse has become a new type of foreign trade infrastructure supporting the development of cross-border e-commerce, and an indispensable important link and important platform for the development of cross-border e-commerce. By setting up overseas warehouses in the destination country, and then transporting the goods in bulk, sorting, packaging and transportation according to the local market, the logistics efficiency can be effectively improved and the comprehensive operation cost can be reduced. Especially during the period of epidemic prevention and control, the advantage of overseas warehouse is prominent, because there is sufficient stock, local logistics can carry out distribution faster.

We should encourage traditional foreign trade enterprises, cross-border e-commerce and logistics enterprises to participate in the construction of overseas warehouses, improve the digital and intelligent level of overseas warehouses, promote small, medium and micro enterprises to borrow ships to go to sea, and drive domestic brands and innovative products to expand international market space.

A series of measures not only focus on promoting more market participants to participate in the construction of overseas warehouses, but also emphasize the application of new technologies, which will provide more powerful support for the development of overseas warehouses. With the increasing support from all sides, there is still a lot of room for the development of overseas warehouses in the future. In particular, the construction of a new generation of intelligent logistics system will make the operation efficiency of overseas warehouses higher and higher and play a more important role, so as to promote cross-border e-commerce to make greater contributions to stabilizing foreign trade and promoting the transformation and upgrading of foreign trade.

Actively develop market purchasing trade mode

Focus on new business state and new mode, and actively develop market procurement trade mode.

As a new trade mode created for the “multi variety, multi batch, small batch” foreign trade in the professional market, the market procurement trade mode has developed rapidly in many places in recent years. Recently, in Dongguan, Guangdong Province, the pilot market procurement trade of Dalang Wool Textile Trade Center launched at the end of last year has exceeded 10 billion yuan in export scale. Up to now, there are 1487 pilot operators of procurement trade in Dongguan market, whose export commodities involve furniture, daily necessities, textiles and clothing, etc., and are exported to 141 countries and regions.

“The mode of market procurement trade has the characteristics of fast customs clearance and convenience. Foreign trade operators can purchase goods in the approved market gathering area and go through the export customs clearance procedures in the purchasing place. Speeding up the development of market procurement trade will help to enhance the ability of goods collection and brand influence, and further tap the trade potential. ” Zhang Jianping said.

The state guides foreign trade comprehensive service enterprises to improve the work efficiency and risk management and control level of centralized tax refund, supports enterprises in comprehensive bonded zones and pilot free trade zones to carry out bonded maintenance, and supports conditional local development of offshore trade.

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