Source: Xinhua| 2021-01-14 22:23:54|Editor:huaxia
BEIJING, Jan. 14 (Xinhua) -- More than10,000 Chinese enterprises moved to cross-border e-commerce hubs for foreigntrade in 2020, according to the Ministry of Commerce (MOC) on Thursday.
With the impact of the epidemic, Chineseenterprises have prioritized cross-border e-commerce development in conductingforeign trade. The volume of imports and exports on the cross-border e-commerceplatforms has grown by 31.1 percent year on year, said Li Xingqian, an officialwith the ministry.
The export volume through marketprocurement trade methods in the country's 31 pilot markets hit a record highof around 100 billion U.S. dollars in 2020, said Li.
China launched the market-procurement tradetrial scheme in 2014 in markets of 14 regions. They are suitable for goodsexports that involve a variety of products in small batches.
The MOC will make every effort to stabilizeforeign trade and work with relevant departments to increase maritime transportcapacity, stabilize cargo freight in the market, and strive to enhancecomprehensive foreign trade competitiveness, Li said.