Country for PR: China
Contributor: Xinhua News Agency
Friday, October 22 2021 - 11:48
Multimedia News Release: Yinchuan, a City Located in the Hinterland of China, Embracing the Global Stage through International Cross-border E-commerce
YINCHUAN, China, Oct. 21, 2021 /Xinhua-AsiaNet/--

On August 19, 2021, the 5th China-Arab States Expo Cross-border E-commerce 
Exhibition and Cross-border E-commerce Innovation and Development Summit were 
successfully held in Yinchuan (China), with 12 projects being signed in the 
summit and the total planned investment and trade volume reaching 1.246 billion 
yuan (193.63 million USD). Based on the successful host of China-Arab States 
Expo this year, Yinchuan strives to cultivate at least 3 cross-border 
e-commerce demonstration zones and incubation bases by 2022, focusing on 
supporting more than 100 cross-border e-commerce enterprises. The annual 
transaction volume of cross-border e-commerce in the city is expected to 
increase by more than 15%. The city of Yinchuan is dedicated to building a 
cross-border e-commerce industry with strong characteristics and remolding the 
new advantages of Yinchuan's quality development.

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News Release:

Any place on earth has the potential of becoming a center with the prerequisite 
that it can link sufficient resources.

In 2019, the State Council of the People's Republic of China approved the 
establishment of China (Yinchuan) Cross-border E-commerce Comprehensive Pilot 
Zone, providing new opportunities for the inland city of Yinchuan to embrace 
the global stage.

As an old Chinese saying goes, "It is difficult to grasp the golden opportunity 
when good luck falls upon you, therefore it is important to take the chance to 
take action as quickly as possible."

The city of Yinchuan, the provincial capital of Ningxia Hui Autonomous Region 
of China took swift action to establish a leading panel of cross-border 
e-commerce comprehensive pilot zone headed by the major government officials of 
the municipal government and issued The Opinions on Speeding up the Development 
of Cross-border E-commerce, injecting new impetus and momentum to the 
development of cross-border e-commerce.

An government official with Yinchuan Municipal Bureau of Commerce is quoted as 
saying, "In the face of new opportunities, the city of Yinchuan must sort out 
its own advantages and integrate the advantages into crucial linking points."

The characters of being courageous to try ahead of others, reform and 
innovation are the inherent genes of Yinchuan. In the face of brand new 
opportunities, the provincial capital of Yinchuan located in the hinterland of 
China will consider the industrial growth of cross-border e-commerce as the new 
impetus for development. The city will make great efforts to develop by leaps 
and bounds to take the lead and to make a bright future for the development of 
the city.

Source: Yinchuan Municipal Bureau of Commerce

Image Attachments Links:


   Caption: Yinchuan


   Caption: Yinchuan