The value of China’s cross-border e-commerce market more than doubled last year to 56.59 billion yuan. Photo: Xinhua
The value of China’s cross-border e-commerce market more than doubled last year to 56.59 billion yuan. Photo: Xinhua

More duty-free spending power for China’s e-commerce consumers to help boost imports

  • Personal allowance to increase by 30pc from January 1 to US$3,750 a year as Beijing seeks to deliver on its pledge to promote global trade
  • Value of China’s cross-border e-commerce market doubled last year to 56.59 billion yuan

The value of China’s cross-border e-commerce market more than doubled last year to 56.59 billion yuan. Photo: Xinhua
The value of China’s cross-border e-commerce market more than doubled last year to 56.59 billion yuan. Photo: Xinhua
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