Huang Qifan: one third of Global trade in the next 10 years will be cross-border e-commerce

出海易/ 2022-05-09
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chief reporter of Henan business daily Yang Guifang, reporter Guo dingran / reporter song Yameng / figure

on the morning of September 22, the fourth global cross-border e-commerce conference was held in Zhengzhou. The theme of the conference was "opportunities and challenges for the development of cross-border e-commerce under the global epidemic"

huang qifan: one third of global trade in the next 10 years will be cross-border e-commerce

cross border e-commerce is an important form of connecting the domestic market with the international market and plays an important role in China's next economic development. Huang Qifan, vice president of China Center for international economic exchanges, analyzed and proposed the opportunities, challenges and development difficulties faced by cross-border e-commerce in his live video speech.

Huang Qifan said that cross-border e-commerce is a new business form of international trade, which is reshaping new global economic and trade rules and providing new development opportunities for more countries.

in 2019, China's total imports and exports of goods amounted to 31.55 trillion yuan, including 186.211 billion yuan of cross-border e-commerce retail imports and exports. Although this figure is five times that of 2015, with an average annual growth rate of 49.5%, its total volume accounts for only 0.59% of the total imports and exports of goods, accounting for a relatively low proportion, and has great development potential.

"It can be expected that in 10 years, one third of Global trade will be cross-border e-commerce, one third will be processing trade and one third will be intra industry trade organized by multinational companies." Huang Qifan boldly made a prediction. He believes that by 2040, it is expected that about 50% of the trade will be completed through cross-border e-commerce platforms

in addition, he believes that with the increasing proportion of cross-border e-commerce, the rules of Global trade will also be impacted the field of cross-border e-commerce is most likely to take the lead in realizing "three zeros" in the world, that is, the economic and trade rules of zero tariff, zero barrier and zero subsidy will be the new development rules

the cross-border e-commerce field has its unique advantages because of its small size, serving many small and medium-sized enterprises, meeting a large range of customer groups and small amount of a single order

(editor Xiong Ziwen, Liu mengge)

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