Cross-Border E-Commerce Conference Aims for Cheaper, Quicker Parcels Inbound/Outbound

[2018-02-12]


Reportedly, on Feb 9-10, the World Customs Organization and China Customs co-hosted the First Global Cross-Border E-Commerce Conference in Beijing, China in a bid to facilitate cross-border e-commerce globally.

Government officials, leaders of major enterprises and international institutions from 125 countries and regions attended the two-day event that started on Friday in the Chinese capital.

Alibaba Group Holding Ltd's executive chairman Jack Ma said in the opening speech that e-commerce has brought remarkable changes to China.

Twenty years ago, only about one hundred parcels were sent around China annually. But now it is more than 30 billion a year, about 100 parcels per day.

Jack Ma expected that in the next eight to ten years, the number of parcels would rise to one billion a day, and 15 percent of them will come from overseas. China will rely more on imports in the future.

He believes cross-border e-commerce will become a global trend and bring positive impact to the world.

"In the future, purchasing globally, selling globally, deliver globally, making payments globally and shipping globally will become the new type of global trade and commerce," said Jack Ma.

To resolve the challenges brought by the new commerce and better facilitate cross-border e-commerce, the World Customs Organization and China Customs drafted a framework of standards, which is the first guiding documentation on how global Customs can supervise and provide services for cross-border e-commerce.

One thing tops the agenda of this Conference was discussing this framework further. Chinese Vice Premier Wang Yang also urged the participants to facilitate the accomplishment of this framework.

"Regarding this framework, I hope this conference will collect a wide range of ideas, and the participants will follow the principles of discussing together, building together, and enjoying together, and make this framework be issued as early as possible. I also hope all governments will facilitate the implementation of this framework," Mr. Wang said.

The framework is expected to be approved in June this year, paving the way for consumers to get their parcels cheaper and sooner.

"You must take into consideration that e-commerce is new, you don’t use your old ideas or old ways to control it; otherwise, there will be no solution to the challenge," said Sun Xiangyang, chairman of the working group of the e-commerce with the World Customs Organization.
 
Source: news.cgtn.com