Since the approval of the first pilot zone more than two years ago, the new models experimented there have brought valuable experiences for nationwide application, according to the statement.
China already has 13 pilot zones for cross-border e-commerce in cities including Hangzhou, Shanghai, and Tianjin, where new models for technical standards, business procedures and regulatory mechanisms are implemented.
According to the Ministry of Commerce, in 2016 the total trade volume via cross-border e-commerce in the 13 pilot zones more than doubled year-on-year to reach 163.7 billion yuan (24.9 billion U.S. dollars).
The meeting also decided to extend the transition period for supervision of cross-border e-commerce retail imports an extra year, to the end of 2018.
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