The growth of China's cross-border e-commerce has added strong vitality to the China (Guangxi) Pilot Free Trade Zone, which recorded 10.15 billion yuan in cross-border e-commerce imports and exports last year, an increase of 259 percent.

Since 2015, the State Council has set up 132 comprehensive cross-border e-commerce pilot zones, including the Nanning and Chongzuo areas of the Guangxi FTZ. These pilot zones have four important policies, covering "tax exemption without a certificate" for cross-border e-commerce retail exports, tax collection, customs clearance facilitation, and the relaxation of import supervision conditions.

Last year, China's cross-border e-commerce imports and exports totaled 1.98 trillion yuan ($310.76 billion), a year-on-year increase of 15 percent, of which the Nanning area of the Guangxi FTZ accounted for 7.77 billion yuan, a 2.6-fold year-on-year increase, while the Chongzuo area of the Guangxi FTZ accounted for 2.38 billion yuan, a 10-fold year-on-year.

In 2021, the Nanning Comprehensive Bonded Zone completed about 110.98 million cross-border e-commerce retail imports and exports, a year-on-year increase of 159.82 percent, and its transaction volume was about 5.76 billion yuan, a year-on-year increase of 177.56 percent. In January of this year, it completed 10.64 million cross-border e-commerce imports and exports, a year-on-year increase of 155.32 percent, while its transaction volume was 793 million yuan, a year-on-year increase of 289 percent.

Last year, the import and export volume of the Chongzuo cross-border e-commerce comprehensive pilot zone was 2.38 billion yuan, a year-on-year increase of 1,151.52 percent. In January of this year, its import and export volume was 605 million yuan, a year-on-year increase of 335.25 percent.

The Nanning area of the Guangxi FTZ. [Photo/WeChat account: gh_df8bc987e060]