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Wenzhou’s 2020 Cross-border Internet Retail Sales Grow 38.8% YoY
【Fonts: Large Medium Small 【Source: Wenzhou·China 【Date: 2021.01.28】

According to Wenzhou Bureau of Commerce, the export of cross-border Internet retail sales in the year of 2020 was 10.16 billion yuan, being the top 4 in Zhejiang province, which was up 38.8% year-on-year and soared by 7.2% compared with the average of the province.

“In recent years, we have made remarkable achievements in cross-broad trading and built self-owned brands for globalization.”said Huang Qiangshuai, Brand Director of Zhejiang Shuaishuai Electric

Appliances Technology Co.,Ltd. Especially since last year, Wenzhou has carried out the cross-broad business according to the code "9810" (Chinese customs supervision method for overseas warehouses of cross-border e-commerce exports) , which is helpful for enterprises to promote cross-border e-commerce in the market of America and European countries.

"For us, the 9810 code is a new attempt. The enterprise will ship the goods directly from the overseas warehouse where the enterprise has deposited goods before, when overseas consumers place an order, so that overseas guests will receive goods in the shortest time." Huang said that compared with previous years, to develop overseas sales in the traditional way, enterprises must go through exporters, importers, wholesalers, retailers, and other links, so that it would take at least 60 days for consumers to receive the goods. According to the introduction, the company will improve sales further through live-streaming e-commerce in the new year.

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