Cross-border e-commerce brings opportunities to inland China city

3 December 2022

Every day, Yan Xinhua sees off dozens of containers to the port of Tianjin, some 1,200 km away, where the goods are directly shipped to overseas markets.

The goods are cleared by the customs authorities in Yinchuan, the capital of northwest China’s Ningxia Hui Autonomous Region, and then loaded into containers entrusted to Yan’s company by international shippers.

“I started this direct logistics service to export Ningxia products to overseas markets less than two years ago and now send 3,000 containers each year,” said the 40-year-old chairman of a logistics company.

Located at the Yinchuan International Road and Rail Logistic Port on the outskirt of Yinchuan, Yan’s company is benefitting from the export-oriented policy in recent years.

The export-oriented policy is greatly pushing forward overseas trade of Ningxia, which imported and exported 21.4 billion yuan (about 3 billion U.S. dollars) worth of goods from January to October this year, a 57.6 percent year-on-year increase, said official statistics.

According to statistics provided by Yinchuan Customs, among the exports, about 30 percent are those sold with bonded logistics and cross-border e-commerce.

“The bonded logistics system in Ningxia offers a ‘one-stamp’ clearance service with customs to send goods abroad through shipping and railway without any transit,” said Yan.

The policy could help improve customs clearance efficiency, save half of the transport time and reduce 30 percent of transport costs, according to Yan.

Full article:

The Diplomatic Informer
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