To expedite the export process for small cross-border e-commerce orders at a lower cost, businessmen in Yiwu have honed in on the pivotal role of "consolidation agents".
The Zhejiang International Electronic Commerce Expo 2024 commenced in Yiwu, a county-level city in Jinhua, Zhejiang province, on Sept 1, and will run until Sept 3.
In the first half of 2024, Yiwu's express delivery volume reached an impressive 6 billion parcels, marking a 16.7-percent year-on-year increase.
In the first half of this year, Jinhua's express delivery sector achieved an impressive milestone, handling over 8.03 billion parcels, a 19.8-percent increase from the previous year.
Niche sports products, intelligent hardware, smart home devices and customized small machinery equipment made by Chinese manufacturers are becoming popular among overseas consumers, whose demand for personalized commodities is rising.
Yiwu in Zhejiang province handled 8.23 billion parcels in the first three quarters of this year, up 16.5 percent year-on-year.
Back on Dec 6, E-ter Network based in Yiwu, Zhejiang province, received a payment from a Saudi Arabian client for daily necessities such as storage boxes, water bottles and handbags.
The value of China's cross-border e-commerce imports and exports exceeded 2 trillion yuan ($280.55 billion) for the first time in 2022, reaching 2.1 trillion yuan and marking an increase of 7.1 percent compared with 2021, according to a report released Saturday.
