China is now making an effort to leverage cross-border e-commerce to help foreign trade recover. Photo: Handout
China to set up 46 new integrated pilot zones for cross-border e-commerce to revive foreign trade
- Companies in the zones will enjoy support policies including exemption of value-added and excise taxes on retail exports
- In addition, the Chinese government is encouraging companies to jointly build and share overseas warehouses
China is now making an effort to leverage cross-border e-commerce to help foreign trade recover. Photo: Handout