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Xiamen's cross-border e-commerce accelerates

LMS
ftz.xm.gov.cn|Updated: May 6, 2024

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A fully loaded cargo ship departs from Xiamen Port. [Photo/Xiamen Media Group]

Cross-border e-commerce is an essential new force behind the high-quality development of foreign trade in Xiamen. In the first quarter of this year, Xiamen's imports and exports were valued at 10.64 billion yuan ($1.47 billion) through the cross-border e-commerce supervision platform, a year-on-year increase of 117 percent and the highest-ever level during this period.

Worthfind, located in the Xiamen Free Trade Zone, is a cross-border e-commerce enterprise. This year, the company plans to launch over 200 new travel consumer products, which will help the company expand into overseas markets. 

With its natural advantages as a coastal city with a port, Xiamen is well positioned for the development of the cross-border e-commerce industry. 

The city boasts nearly 6,000 cross-border e-commerce sellers and has formed a number of industrial clusters, which have attracted well-known e-commerce companies such as Yuguo. Leading platforms like Amazon, JD, and Alibaba have also established official operation centers in Xiamen, further enhancing the cross-border e-commerce industry ecosystem. 

Since the beginning of this year, Xiamen has introduced 19 measures to promote the high-quality development of cross-border e-commerce. Building on the foundation of Xiamen and its surrounding industrial belts, these measures aim to expand companies'overseas presence by applying the "industrial belt + cross-border e-commerce" model. 

Meanwhile, Xiamen is also enhancing its cross-border transportation capacity. As of April, the city opened a total of 16 all-cargo air freight routes, connecting major cities in countries and regions such as the United States, France, Japan, and Brazil. Among these routes, five opened this year.