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New Cross-Border E-Commerce Comprehensive Pilot Zones in 22 Chinese Cities

Written by: Editor

The e-commerce is definitely a top sector in China that continues to expand in large proportions on an international scale. Focusing on innovation and technology, China is about to develop several pilot zones meant to serve the cross-border e-commerce. Placing the activities on the internet might be considered as a business start for foreigners in China. If you want to open a WFOE in China, we invite you to talk to our team of company formation specialists in China.
 

Upgrading constantly the Chinese economy

 
China is constantly developing the solid industries like manufacturing, automotive, engineering, retail and many more. Knowing that the economy nowadays can be easily sustained by the innovative technology, the Chinese government decided to upgrade and transform the engines that sustain the economy in this country by approving several pilot zones in 22 important cities, aiming the internet business development. These pilot zones can sustain the small and medium companies and are hosted mostly by emergent Chinese provinces.
 
If you would like to enter the trading market through all sorts of activities and mostly developed on the internet, we invite you to ask for information in this direction. Our specialists in company formation in China are at your disposal with comprehensive details and assistance.
 

The internet economy in numbers

 
Sole traders whether domestic or from abroad have lots of chances to turn their businesses into small or medium companies and generate large profits if they continue focusing on the export developments and innovation that can be offered through the new pilot zones in China. In terms of numbers, the e-commerce trade with countries worldwide reached approximately CNY 8 trillion in 2017, with lots of chances to achieve CNY 9 trillion in 2018.
 
Foreigners who want to start a company in China should solicit assistance at the time of company registration in China from our team of advisors. Please contact us for more details.