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Start from the Yangtze River Delta, cross borders and travel around the world.On June 25, the 2024 Yangtze River Delta Cross-border E-commerce Fair opened in Wuxi.More than 20 cross-border e-commerce platforms at home and abroad, including Amazon, TikTok, eBay, Google, and SHEIN, more than 400 high-quality factories, and more than 20,000 global buyers attended the "Yangtze River Delta Appointment" to share "cross-border" practices and promote brands to go overseas.Since 2022, Wuxi has held the Yangtze River Delta cross-border e-commerce trade fair for three consecutive years. In the two-way rush of procurement and supply, the Yangtze River Delta cross-border e-commerce industry chain and ecosystem have continued to improve, becoming an important "initiating point" for the regional industrial cycle and an important "connection point" for integrating into the international cycle.On June 25, the 2024 Yangtze River Delta Cross-border E-commerce Fair opened at the Wuxi Taihu International Expo Center.Photo by Zhu Jipeng (photo provided by Visual Jiangsu Network)Across mountains and seas, the Yangtze River Delta connects the worldElectric vehicles in Wuxi, automobile and motorcycle parts in Changzhou, hardware tools in Jiaxing, Zhejiang, and daily household necessities in Xuancheng, Anhui... At the Yangtze River Delta Cross-border E-commerce Fair, "top" products and specialty industries from all over the Yangtze River Delta were on display, attracting many merchants to discuss purchases.In the past five years, the scale of my country鈥檚 cross-border e-commerce trade has increased more than 10 times, becoming a new engine for foreign trade development.As an important landmark of my country's foreign trade, the Yangtze River Delta region has given full play to its own advantages and continued to stimulate the development potential of cross-border e-commerce.鈥淭he Yangtze River Delta region has a solid industrial foundation and an excellent business environment, and cross-border e-commerce has become an important driving force for regional economic development and foreign trade growth.鈥?said Jiang Zengwei, chairman of the Global Alliance for Trade in Services.With the improvement of logistics support and the innovation of service models, cross-border e-commerce in the Yangtze River Delta has gradually upgraded from "selling products" to "selling services".The integration of new technologies such as artificial intelligence into cross-border e-commerce has enabled Yangtze River Delta enterprises to "buy globally" and "sell globally" more smoothly, and also provided global consumers with a more diversified consumption experience.As an important new infrastructure for serving cross-border e-commerce, overseas warehouses have shortened the distance between Chinese sellers and foreign customers, closely connecting the "world factory" with the "world market".At this trade fair, a "Yangtze River Delta Public Overseas Warehouse Heat Map" was released. 86 public overseas warehouses radiate to 31 countries and regions on five continents around the world, becoming a gas station for the Yangtze River Delta to deeply link global industrial cooperation and trade cycles.Cluster linkage, "Made in Jiangsu" is popular around the worldOn June 25, the 2024 Yangtze River Delta Cross-border E-commerce Fair opened at the Wuxi Taihu International Expo Center.Photo by Zhu Jipeng (Photo courtesy of Visual Jiangsu Network)Low-luxury appearance, super shock absorption, and iteration to create new ones... At the trade fair, a high-end scooter from Wuxi Yadi Technology Group attracted countless attention and became the "star product" at the exhibition.This scooter, which has won well-known design awards such as Japan's GoodDesign and Germany's iF, is also a hot seller on the Amazon platform.鈥淭he growth of overseas consumption, the promotion of low-carbon travel concepts and innovative breakthroughs in lithium battery technology have given China鈥檚 E-Bike a good opportunity to go overseas and quickly become a 鈥榟igh-end player鈥?in the field.鈥?Yang Yunmei, general manager of Yadi鈥檚 electric scooter division, told reporters that asOne of the first electric vehicle companies to go overseas, Yadi launched electric scooters on Amazon in 2021. This year, it also launched E-Bike products, quickly occupying the mid-to-high-end two-wheel travel C-end market of more than US$1,000 on Amazon. The current turnover of this category has reached tens of millions of yuan.Through the story of E-Bike, we can see more 鈥淢ade in Jiangsu鈥?products going online and overseas.In Nantong Home Textile City, a large number of high-quality home textile products have entered the international market through cross-border e-commerce platforms."Home textiles have a long life cycle, low inventory impairment pressure, and few after-sales problems. The development of cross-border e-commerce has significant advantages." Xu Yancheng, founder of Niusai.com, said that with the support of cross-border e-commerce, Nantong home textiles have shown strong strength on the world stage.In Menghe Town, a famous Chinese auto and motorcycle parts city in Changzhou, the workshop of Lingyue Equipment Technology Co., Ltd. was filled with welding flowers, and the packed auto parts were neatly arranged in the warehouse and were about to be sent to overseas warehouses in the United States."Through cross-border e-commerce channels, our products can quickly respond to market demand and go global." Liu Bing, the company's founder, said that Lingyue has cooperated with Amazon and other platforms to complete the transformation from traditional factories to integrated industry and trade cross-border e-commerce.At present, more than 95% of the company's orders come from cross-border e-commerce platforms.The story of three industrial belts going overseas reflects an open and integrated Jiangsu.As a major manufacturing and foreign trade province, Jiangsu has rich industrial belt resources suitable for the development of cross-border e-commerce.In November last year, led by the Provincial Department of Commerce, the commerce bureaus of Wuxi, Nantong, and Changzhou, in conjunction with Amazon Global Stores, jointly launched Jiangsu鈥檚 鈥淐ross-border E-commerce + Industrial Belt鈥?project. With strong manufacturing capabilities and efficient supply chain integration, it has continuously delivered high-quality products to global markets such as North America, Europe, and Southeast Asia.According to the plan, by 2025, our province will create more than 30 cross-border e-commerce characteristic industry belts, deeply combine the advantages of manufacturing with cross-border e-commerce, integrate upstream and downstream resources in the supply chain, and promote enterprises to "gather together to go overseas."Innovation and empowerment, "Wuxi products" link to drive the future"Provide a package of support for qualified cross-border e-commerce companies in terms of customs clearance of goods, export tax rebates, foreign exchange receipts and payments, credit extension, export credit insurance, exchange rate hedging, etc."At the opening ceremony of the 2024 Yangtze River Delta Cross-border E-commerce Fair, Zhao Qiang, director of the Wuxi Municipal Commerce Bureau, announced that Wuxi will be the first in the country to explore the 9810 cross-border e-commerce export overseas warehouse model and introduce 10 measures to help companies safely "go overseas" throughout the process.Under the 9810 model, domestic enterprises deliver export goods to overseas warehouses through cross-border logistics, and then deliver them to end consumers through cross-border e-commerce platforms."While the 9810 model helps companies explore the global market, it also faces practical problems such as difficulty in tax refunds and slow capital turnover." Li Mingtao, chief expert of the China International E-Commerce Center and dean of the research institute, said that the key to developing the 9810 model is to unblock financing channels for cross-border e-commerce companies and optimize cross-border fund settlement services.The 10 measures launched by Wuxi this time strengthen multi-department coordination, government-bank-enterprise cooperation, innovatively carry out the identification of cross-border e-commerce 9810 "white list" enterprises, and actively use fund credit enhancement, risk compensation and other means to effectively help cross-border e-commerce enterprises reduce costs and increase efficiency.Wuxi adheres to the road of scale and branding.According to statistics, Wuxi's cross-border e-commerce import and export reached US$10.45 billion in 2023, accounting for one-tenth of the city's total foreign trade import and export; from January to May this year, the city's cross-border e-commerce import and export reached US$4.74 billion, and its proportion of total foreign trade increased further.High-quality industrial clusters support the high-quality development of Wuxi鈥檚 cross-border e-commerce.Wuxi is the first in the province to launch the "Cross-border E-commerce + Industrial Belt" cultivation plan, and implements the "multi-industry in one sector, multiple brands in one region" overseas operation in accordance with local conditions. Textile and clothing, purple sand, electric vehicles, auto parts, high-end equipment, integrated circuits, cultural and creative artworks and other characteristic industries with a distinctive "Made in Wuxi" mark have gathered together to go overseas and compete for the new track of globalization.Statistics show that since the establishment of China (Wuxi) Cross-border E-commerce Comprehensive Pilot Zone in 2018, Wuxi has built 16 cross-border e-commerce industrial parks and deployed 49 overseas warehouses, covering 19 countries and 41 cities around the world. Among them, the number of provincial public overseas warehouses ranks first in the province.This year, relying on Sunan Shuofang Airport, Wuxi has efficiently operated all-cargo routes from Wuxi to Incheon, Leipzig and other cities, and opened Jiangsu鈥檚 first direct cargo route to Latin America. It has injected strong momentum into the North American market for more 鈥渄omestic tin products鈥? opened up the Latin American and South American markets, and consolidated the European, Japanese and Korean markets.Starting from Wuxi, the "chain" moves the world, and the future is promising.During this trade fair, Wuxi City reached strategic cooperation with cross-border e-commerce platforms such as Haizhi Online and Meishi Logistics Group, and signed cooperation agreements with overseas business associations such as Indonesia, the European Union, Mexico, and Brazil to help "Made in Wuxi" sail across the ocean."We look forward to seizing the cross-border e-commerce cooperation between brother cities in the Yangtze River Delta, realizing industrial coupling and cluster linkage in collaborative progress, and taking greater steps in the integrated development of industrial digitalization and trade digitalization." said Zhou Wendong, deputy mayor of Wuxi City.