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Xi'an Port to build new cross-border import platform

Updated: 2019-09-02

A business meeting hosted by Xi'an International Trade and Logistics (ITL) Park and e-commerce platform Pinduoduo Inc was held in ITL Park on Aug 29.

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A business meeting on cross-border e-commerce is held in ITL Park on Aug 29. [Photo/ITL Park's WeChat public account]

More than 40 companies with high-quality imported goods gathered in Xi'an Port to discuss new ways to expand cross-border e-commerce business.

Xi'an Port is working together with Pinduoduo to build a new cross-border import platform, which will provide new opportunities for cross-border development for local foreign trade enterprises in Shaanxi.

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More than 40 companies with high-quality imported goods attend the business meeting. [Photo/ITL Park's WeChat public account]

In the future, ITL Park and Pinduoduo will jointly set up an international cross-border bonded warehouse for entering enterprises to provide high-quality services in inspection, sorting, and packaging.

At present, there are more than 1,300 e-commerce enterprises registered in ITL Park, including 300 cross-border e-commerce enterprises. In 2018, the network transaction volume of the park exceeded 150 billion yuan ($20.89 billion), among which online retail sales amounted to 24 billion yuan.

Founded in September 2015, Pinduoduo is a new e-commerce platform dedicated to providing cost-effective products and interesting shopping experiences for its customers. It has attracted 418.5 million active buyers and more than 360 million active customers.