First Global Cross-Border E-commerce Conference held, with Chinese solution heard

The First Global Cross-Border E-commerce Conference was jointly organized by General Administration of Customs of China and World Customs Organization. In two-day meetings, about 2,000 representatives from businesses, international organizations and academia in the customs and e-commerce fields in 125 countries and regions attended the Conference.

With the theme of “an innovative, inclusive, strategic and collaborative approach to sustainable cross-border e-commerce”, the Conference included discussion about the Framework of WCO on Cross-border E-commerce Standards led by GACC in collaboration with other WCO members, with focus on facilitation, security, taxation, statistics, cooperation and capacity building, etc. This Framework is the first guidance document about the e-commerce regulation and service in the global customs.

Yu Guangzhou, Minister of General Administration of Customs of China said in his remarks that the cross-border e-commerce as an emerging business is thriving in China. In 2017, the retail import-export volume based on the platform of cross-border e-commerce management of customs reached 9.0.24 billion yuan, up 80.6% year on year.

“Chinese customs adhere to the innovative, inclusive, strategic and collaborative approach and work with other authorities and industries to explore and gradually establish a set of new regulatory model oriented towards cross-border e-commerce development,” , said Yu, in the past three years, Chinese customs saw an annual increase of over 50% in the cross-border e-commerce export volume on average.

(Source: Xinhua)