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7th Jan trading news

NEWS / 2022-01-07 16:24:56

1. due to the novel coronavirus pneumonia outbreak, Royal Mail has limited mailing packages in many places.

 

Novel coronavirus pneumonia was released in January 15th, which is a list of 28 regions (27 in the United Kingdom and 1 in Northern Ireland), which said the delivery and distribution of parcels were restricted because a large number of postal workers in these areas were infected with new crown pneumonia pneumonia or self isolation.

 

"Due to resource problems, delivery in the following regions may be limited," the announcement said According to Royal Mail, residents of these 28 districts need to wait for the card to be notified. Not receiving the card means they can't pick it up yet.

 

It is reported that some areas on the list are not far from London or belong to the Greater London Metropolitan area.

2. CICC: cross border e-commerce is expected to maintain a growth rate of 30% in the next four years

 

CICC pointed out that the epidemic will accelerate global online retail in 2020. We expect China's cross-border e-commerce B2C exports to exceed 2.1 trillion yuan. From the perspective of space, the penetration rate of cross-border e-commerce retail export is less than 16%, and the penetration rate of overseas online shopping is less than 20%, which has great room for improvement.

 

From the perspective of trend, the CAGR of cross-border e-commerce B2C export has exceeded 60% in the past four years. Under the customs standard, the growth rate in the first three quarters of 2020 has exceeded 50%. We believe that with the continuous improvement of cross-border e-commerce export policies, cross-border e-commerce is expected to maintain a growth rate of 30% in the next four years and exceed 6 trillion yuan by 2024.

 

Under the mode, cross-border e-commerce breaks the traditional barriers of foreign trade channels, enhances the transmission of product power to brand power, drives Chinese brands to go to sea and promotes the globalization of China's logistics.

3. In 2020, China's cross-border e-commerce import and export reached 1.69 trillion yuan, an increase of 31.1%

 

On January 15, Li Kuiwen, spokesman of the General Administration of customs and director of the statistics and analysis department, said at a press conference that China's new foreign trade industry will flourish in 2020. The annual total import and export volume of cross-border e-commerce reached 1.69 trillion yuan, an increase of 31.1%, and the market procurement and export increased by 25.2%. Throughout the year, 12400 trains were operated in China and Europe, sending 1.135 million TEUs, an increase of 50% and 56% respectively over the same period last year, and the comprehensive heavy container rate reached 98.4%.

 

It is understood that the data previously released by the General Administration of Customs showed that in 2020, 2.45 billion import and export lists were released through the customs cross-border e-commerce management platform, a year-on-year increase of 63.3%.

4. Kerry Logistics launched multimodal transport services in Mongolia

 

On January 15, Hong Kong Kerry Logistics Network Co., Ltd. (hereinafter referred to as Kerry Logistics) recently launched a new multimodal transport service in Mongolia through Globalink logistics company to provide customers with alternative solutions.

 

It is reported that the new service center is located in the Riga freight hub of Globalink logistics. Kerry Logistics' rail freight team can provide cost-effective multimodal transport solutions for containers, bulk goods and project goods destined for Mongolia. For temperature sensitive commodities and high-cost products such as drugs and seafood, the company can provide refrigerated container vehicle services.

5. Report: it is estimated that the scale of global cross-border e-commerce transactions will exceed US $1 trillion in 2020

 

On January 15, recently, the Beijing enterprise international management research base of the University of international business and economics and the social science literature press jointly released the blue book on overseas development of enterprises: Overseas Development Report of Chinese enterprises (2020) (hereinafter referred to as the report).

 

According to the report, the scale of global cross-border e-commerce transactions is expected to exceed US $1 trillion in 2020, with an average annual growth rate of 30%.


 

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