From January to March, the total import and export value of cross-border e-commerce at Henan Bonded Logistics Center saw a year-on-year increase of 266.32 percent to 3.851 billion yuan, of which 3.566 billion yuan were contributed by the exports with a year-on-year increase of 436.44 percent, accounting for 92.6 percent of the total, which made success on Henan's Online Silk Road in the first quarter.
Henan's cross-border e-commerce. [Photo provided to dahe.cn]
"Henan Bonded Logistics Center, core area of China (Zhengzhou) Cross-border E-commerce Comprehensive Pilot Zone and birthplace of the '1210' supervision mode and the cross-border O2O self-picking mode, has made consistent effort in innovations to continuously update Henan's opening-up." According to Xu Ping, president of Henan Bonded Group, since January, the industrial ecology at the core area of e-commerce has been further consolidated by creating new channels through innovation to attract industries. The cross-border e-commerce logistics has been zoomed from "Channel Economy" to "Industrial Economy" by expanding channels through logistics to consolidate business. Until now, a supply chain system for global cross-border e-commerce has been shaped, which has effectively improved ability of collaborative scheduling and optimal allocation of resources for building the new dual-circulation development paradigm.
It is learned that the chartered cargo flights have also been launched by Henan Bonded Group to boost cross-border e-commerce. Since April 2020, 3 air freight routes have been opened linking Zhengzhou with Liege, Los Angeles and New York. By now, 620 trips have been made with 50 thousand tons of cargo volume, yielding foreign trade revenue of 9.3 billion yuan, of which 70 trips with over 10 thousand tons were made in the first quarter of this year, yielding foreign trade revenue of nearly 2.3 billion yuan. (Chinese source: Henan Daily Translator: Zhao Hanqing Proofreader: Jiao Dan)
