Development of Cross-Border E-Commerce in the Context of China’s Foreign Trade Strategy

Abstract

Since 2013, China's cross-border e-commerce has developed rapidly under the impetus of state policy. Under the impact of the renminbi (RMB) currency appreciation, rising labour costs and international trade protectionism, China's foreign trade has slowed down relative to its overall growth rate. However, cross-border e-commerce has played an important role in the stability and development of China's foreign trade that has taken place. Against this background, this paper has collated the policies relating to cross-border e-commerce in China in recent years and has analysed the operational modes and opportunities for the cross-border e-commerce industry. It also investigates the general attitude and intention of the relevant government departments towards the industry and assesses the issues for relevant government departments and enterprises of cross-border e-commerce industry chains.