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Tmall Global Launched Cross-Border Direct Delivery Service

Due to Covid-19 outbreak quarantine/isolation measures in China, the trend of daily buying products globally online has steadily increased. According to the National Bureau of Statistics [1], the national online retail sales reached 6.079 trillion yuan from January to July, a year-on-year increase of 9.0%. The online retail sales of physical goods were 511.8 billion yuan, an increase of 15.7%. McKinsey's "White Paper on China's Cross-border E-commerce Market" predicts that e-commerce retail in China will grow to more than $956.488 billion (about 6.578 trillion yuan) by 2022 [2].

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Tags : ChinaCBEC
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