But for now, e-commerce businesses are cashing in on overseas demand. In the first quarter, the value of such trade in Shenzhen exceeded 110 billion yuan, a year-on-year increase of 95 per cent. That total represented half of Guangdong province’s, and about one-fifth of the nation’s, for the period, according to a report last month by state broadcaster CCTV. The massive increase in such sales continued a trend from 2023, when Shenzhen’s cross-border e-commerce reached 326.53 billion yuan for the whole year – up 74.4 per cent over 2022. “Shenzhen has seized opportunities in the updated global industrial division of labour, and it has aligned its industrial structure more closely with the de
Hence then, the article about shenzhen rides e commerce wave as globally popular apps fuel cross border trade was published today ( ) and is available onNY Times News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Shenzhen rides e-commerce wave as globally popular apps fuel cross-border trade )