China is home to over 600,000 cross-border e-commerce companies

In the first quarter of this year, China’s cross-border e-commerce imports and exports amounted to 419.5 billion RMB ($64.7 billion). Of which, exports contributed 280.8 billion RMB, an increase of 69.3%; and imports totalled 138.7 billion RMB, an increase of 15.1%. According to data from the technology service company Tianyancha, there are currently more than 600,000 companies related to cross-border e-commerce in China and 42,000 new enterprises have been established in 2021. Read More at https://daoinsights.com/news/china-is-home-to-over-600000-cross-border-e-commerce-companies/