Cross-border e-commerce enters the G20 for the first time

The G20 summit is in full swing in Hangzhou, China, and politicians and business. People from various countries are taking advantage of this opportunity to achieve economic take-off. Cross-border e-commerce has entered. The G20 agenda for the first time this year. Cross-border Internet trade is a set of rules that most companies want to create. The proposal of eWTP (World Electronic Trade Platform) is more of a call from the emerging cross-border e-commerce trade model to the traditional trade model than a call from small and medium-sized enterprises to foreign trade giants. The WTO, which serves the traditional trade model, cannot meet the needs of cross-border e-commerce, so the emerging e-commerce platform giants hope to establish an e-commerce union to negotiate and re-establish a set of rules.

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eWTP (World Electronic Trade Platform) refers to a world electronic. Trade platform initiated by the private sector and participated by various stakeholders. It aims to promote public-private dialogue, promote the establishment of relevant rules, and create a practical and effective policy and business environment for the development of cross-border e-commerce.

In the cross-border e-commerce research report. Alibaba Research Institute systematically expounded the concept of eWTP. This italy whatsapp number data international exchange and cooperation platform led by the private sector, market-driven. Open and transparent, with the participation of multiple stakeholders, will focus on four goals: promoting the development of inclusive trade, promoting the development of small businesses, promoting the globalization of consumption, and promoting the development of young people.

According to the 2020 Global Cross-border E-commerce

Trends Report jointly released by Alibaba and c level contact library Accenture. The global cross-border B2C e-commerce market is expected to grow from US$230 billion in 2014 to US$994 billion in 2020, accounting for 29.3% of the total global. B2C e-commerce market and 13.9% of the total global consumer goods trade.

By 2020, the compound annual growth rate

of the cross-border e-commerce market share is expected to reach 27.3%. This also means that the growth of the cross-border. E-commerce ja phone number market will be twice the growth rate of the domestic e-commerce market and more than three times. The growth rate of the global consumer goods trade market. It is no exaggeration to say that cross-border e-commerce connects the world, and the G20 is ushering in a cross-border consumption feast.

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