China is home to over 600,000 cross-border e-commerce companies
In the first quarter of this year, China’s cross-border e-commerce imports and exports amounted to 419.5 billion RMB ($64.7 billion). Of which, exports contributed 280.8 billion RMB, an increase of 69.3%; and imports totalled 138.7 billion RMB, an increase of 15.1%.
According to data from the technology service company Tianyancha, there are currently more than 600,000 companies related to cross-border e-commerce in China and 42,000 new enterprises have been established in 2021.
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