SND explores high-quality development of cross-border e-commerce

Suzhou New District hosts a conference on Oct 20 to discuss the high-quality development of cross-border e-commerce. [Photo/WeChat account: snd-szgxqfb]

Experts in cross-border e-commerce were invited to discuss the industry's high-quality development in Suzhou New District, East China's Jiangsu province, on Oct 20.

Yu Meihua, an official from SND management committee, noted that cross-border e-commerce boasts unlimited potential and that SND will boost the development of the industrial chain to build a new landmark of the industry in Suzhou.

Yu also introduced the cross-border e-commerce industry in the district. In recent years, SND has achieved notable results in innovative financial service, cross-border logistics and overseas warehouses.

Representatives from related enterprises voiced their opinions in promoting the high-quality development of cross-border e-commerce while experts shared their experience in financial service for related businesses.

Three projects about the Suzhou Digital Trade Research Center, cross-border cooperation, and financial service cooperation were also inked on the same day to give a further boost to local cross-border e-commerce.

SND is currently home to over 2,000 foreign trade enterprises, leading cross-border e-commerce enterprises, and a comprehensive bonded zone. The district has also established the first cross-border e-commerce enterprise service center in Suzhou. In the first three quarters of this year, the exports of cross-border e-commerce enterprises in SND surged 96 percent year-on-year.