On July 8, China Business News Network , the Boao Forum for Asia Research Institute held an online seminar on the development and cooperation of "One Belt, One Road" cross-border e-commerce. The meeting focused on the progress, prospects and challenges of cross-border e-commerce cooperation between China and ASEAN and other countries and regions along the "Belt and Road".

At the meeting, the Boao Forum for Asia Research Institute released the report "The Development of Cross-border E-commerce along the Belt and Road" from the experience of China-ASEAN cooperation. According to the report, Asia-Pacific is the region with the best performance of cross-border e-commerce in the world, accounting for 53.6% of the global market size, and the contributions of China and ASEAN are indispensable. In the first half of this year, China's cross-border e-commerce exports to ASEAN increased by 98.5%.

The report believes that the deepening economic and trade exchanges between China and ASEAN, the rapidly improving digital infrastructure, the strong support of government policies, the continuous development of foreign investment, and the rapid development of digital cross-border payments are important for the breakthrough of cross-border e-commerce cooperation between the two sides. push factor. Under the combined effect of the Regional Comprehensive Economic Partnership (RCEP) coming into effect, the online economy becoming the norm, government support and market forces, China-ASEAN cross-border e-commerce cooperation has broad prospects, which will help the development and development of e-commerce in countries along the “Belt and Road”. Cooperation provided useful experiences.

The report pointed out that at present, cross-border e-commerce cooperation needs to cope with the delay of the new crown pneumonia epidemic, the conflict between Russia and Ukraine, and global inflation affecting cross-border logistics and supply chain stability, multinational cross-border e-commerce policies need to be clarified and refined, and international digital trade rules appear. Fragmentation, the still serious digital divide and other challenges have enabled people in developing countries to benefit from the development and cooperation of cross-border e-commerce.

Zhang Wei, deputy dean of the Research Institute of the Ministry of Commerce, said at the meeting that the new format of cross-border e-commerce has had a profound impact on the global circulation and consumption patterns, and trade digitization is reshaping the global trade pattern and pattern. Under the epidemic, cross-border e-commerce has played a positive role in promoting the development of China's international trade, and has effectively promoted the development of private small, medium and micro enterprises.

"China's new regulatory model combining 'promotion and regulation' has provided excellent soil for the development of cross-border e-commerce." Looking forward to the future, Zhang Wei suggested that China and ASEAN should promote the implementation of RCEP to improve the rules of global cross-border e-commerce. Provide reference. At the same time, with an innovative and inclusive mentality with countries along the “Belt and Road”, we will promote the cooperation and development of cross-border e-commerce by building a safe and effective regulatory framework and a comprehensive service system.

Wei Jincheng, managing director of Boston Consulting Group, said that cross-border e-commerce is an important measure to support the "Belt and Road" initiative. Southeast Asia is China's third largest export destination for cross-border e-commerce. The region has a high proportion of young population and rapid economic growth, and the market size is expected to grow rapidly. The development of cross-border e-commerce depends on the improvement of the ecological chain and service chain, and needs to be well adapted to the market demand in terms of quality upgrade and scale competition. In addition, we must also focus on the impact of rising logistics costs on cross-border e-commerce.

Boao Forum for Asia Advisory Committee and Policy Coordinator Akhtar said in his conclusion that the deep integration of trade, finance and economy is the three pillars of China-ASEAN cross-border e-commerce development and cooperation. China and countries along the “Belt and Road” can increase digital connection and resource integration, and advance the development and cooperation of cross-border e-commerce to a new stage, including providing appropriate project design, financing and payment arrangements to promote cross-border e-commerce in developing countries development of. At the same time, the different levels of rules and regulatory systems in the global, regional and a country are the decisive factors for the development of cross-border e-commerce and the efficiency of logistics links. Countries should first cultivate their own domestic e-commerce industry, strengthen market construction and improve supervision and regulations, and then promote international coordination and cooperation of transnational e-commerce. China's experience is worth learning.

The guests at the meeting all agreed that cross-border e-commerce is an important business form of economic globalization in the digital age, injecting new vitality into the "Belt and Road" initiative. In the "post-epidemic era", all parties should further share the experience of cross-border e-commerce development, strengthen policy communication and standard docking, promote digital interconnection, and work together to build the "Belt and Road" with high quality.