{"id":519835,"date":"2020-11-26T16:36:01","date_gmt":"2020-11-26T16:36:01","guid":{"rendered":"https:\/\/www.abnewswire.com\/pressreleases\/?p=519835"},"modified":"2020-11-26T16:36:01","modified_gmt":"2020-11-26T16:36:01","slug":"hangzhou-becomes-model-in-developing-crossborder-ecommerce","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/hangzhou-becomes-model-in-developing-crossborder-ecommerce_519835.html","title":{"rendered":"Hangzhou becomes model in developing cross-border e-commerce"},"content":{"rendered":"<p style=\"text-align: justify;\">Hangzhou has made significant progress in developing cross-border e-commerce in recent years by building a comprehensive pilot zone.<\/p>\n<p style=\"text-align: justify;\">During this year&#8217;s Double 11 shopping spree, which lasted from Nov 1 to 11, Tmall, a shopping platform run by Alibaba, recorded a year-on-year increase of 47.3 percent in imported commodity sales.<\/p>\n<p style=\"text-align: justify;\">Statistics show that around 180 overseas brands exceeded 10 million yuan ($1.52 million) in transaction volume during the shopping event. Chinese consumers can now buy a variety of imported goods through the tap of a finger.<\/p>\n<p style=\"text-align: justify;\">In March 2015, the State Council approved the establishment of the <a rel=\"nofollow\" href=\"http:\/\/www.ehangzhou.gov.cn\/2020-11\/24\/c_275424.htm\" target=\"_blank\">Hangzhou<\/a> Cross-Border E-Commerce Comprehensive Pilot Zone. In 2016, the national monitoring center for cross-border e-commerce commodity quality and safety was founded in Hangzhou.<\/p>\n<p style=\"text-align: justify;\">In 2018, <a rel=\"nofollow\" href=\"http:\/\/www.ehangzhou.gov.cn\/2020-11\/24\/c_275424.htm\" target=\"_blank\">China Hangzhou<\/a> developed the nation&#8217;s first cross-border e-commerce credit system. The city has been a pioneer in promoting the development of cross-border e-commerce.<\/p>\n<p style=\"text-align: justify;\">From January to August, Hangzhou recorded 68.46 billion yuan in cross-border e-commerce imports and exports, a year-on-year increase of 19.61 percent. The city has more than 26,000 internet shops dedicated to cross-border e-commerce.<\/p>\n<p style=\"text-align: justify;\">The Electronic World Trade Platform, or eWTP, which is an Alibaba-led initiative aiming to help small and medium-sized enterprises participate in the global market, has been consistently improving.<\/p>\n<p><span style='font-size:18px !important;'>Media Contact<\/span><br \/><strong>Company Name:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/companyname\/ehangzhou.gov.cn_60564.html\" rel=\"nofollow\">The Information Office of Hangzhou Municipal Government<\/a><br \/><strong>Contact Person:<\/strong> Cai Jingwen<br \/><strong>Email:<\/strong> <a href=\"https:\/\/www.abnewswire.com\/email_contact_us.php?pr=hangzhou-becomes-model-in-developing-crossborder-ecommerce\" rel=\"nofollow\">Send Email<\/a><br \/><strong>Phone:<\/strong> 0510-68559077<br \/><strong>Country:<\/strong> China<br \/><strong>Website:<\/strong> <a href=\"http:\/\/www.ehangzhou.gov.cn\/\" target=\"_blank\" rel=\"nofollow\">http:\/\/www.ehangzhou.gov.cn\/<\/a><\/p>\n<p><object type=\"text\/html\" data=\"http:\/\/www.ehangzhou.gov.cn\/\" style=\"width:900px; height:400px;\"><\/object><img decoding=\"async\" src=\"https:\/\/www.abnewswire.com\/press_stat.php?pr=hangzhou-becomes-model-in-developing-crossborder-ecommerce\" alt=\"\" width=\"1px\" height=\"1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hangzhou has made significant progress in developing cross-border e-commerce in recent years by building a comprehensive pilot zone. During this year&#8217;s Double 11 shopping spree, which lasted from Nov 1 to 11, Tmall, a shopping platform run by Alibaba, recorded &hellip; <a href=\"https:\/\/www.abnewswire.com\/pressreleases\/hangzhou-becomes-model-in-developing-crossborder-ecommerce_519835.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401,425,444,412,442],"tags":[],"class_list":["post-519835","post","type-post","status-publish","format-standard","hentry","category-Business","category-Finance","category-Government-Politics","category-News-Current-Affairs","category-Shopping-Deal"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/519835","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=519835"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/519835\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=519835"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=519835"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=519835"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}