Monday, May 14, 2018

Hubei cross-border e-commerce service platform launched

Source: hubei.gov.cn 12/25/2015 04:12:34
Hubei cross-border e-commerce service platform was launched in Optics Valley on Dec. 24, 2015. As known, Hubei’s cross-border e-commerce is mainly based on East Lake Comprehensive Bonded Zone as the pilot park, and the construction of the platform only take four months.

Cross-border e-commerce means, in broad sense, the electronization of exhibition, negotiation and deal conclusion of traditional import and export trade through e-commerce tools. And it equals to cross-border retail in narrow sense.

In recent years, cross-border e-commerce has witnessed explosive development in China. The service platform in Hubei will be mainly engaged in four types of business: direct-purchase import, bond entry, ordinary export and bond export, providing 24-hour trade, clearance and logistics data exchange service for e-business, payment, logistics and storage enterprises.

At present, East Lake Comprehensive Bonded Zone has planned 3,000 square meters of land as supporting check place of the platform, which is designed for construction commodity temporary storage, operation area encircling gear, check line system, X-ray machine one-screen comparison system, video monitoring system, etc.

The bonded logistic park of ECOTIC Wuhan East Lake Comprehensive Bonded Zone, the imported goods bonded base in Wuhan, is going to be operational next June. By then, over 30,000 imported commodities will be sold at prices 30 percent to 40 percent lower than that of market price. As introduced, Wuhan imports 350,000 tons and 400,000 tons of fruits and meat year. The bonded logistic park will include a 45,000 square meters “international supermarket”, a check place for imported meat and fruits, imported agricultural products trade center and cross-border ecommerce transaction platform, etc.

Related:
Since Wuhan East Lake Comprehensive Bonded Zone Exhibition and Transaction Center put into operation last year, ECOTIC has opened another three branches in Wuhan downtown. In 2016, chain stores are expected to be opened in Xiangyang, Jingmen, Jingzhou, Yichang, and other prefecture-level cities in Hubei.>>more
(hubei.gov.cn by Mao Huifang)

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