With the rapid development of global e - commerce, ChinaCross-border E-commerceis experiencing rapid growth, particularly with the rise of e-commerce platforms such as Shein, Temu, AliExpress, and TikTok Shop, collectively known as the "Four Little Dragons Going Global." Their emergence has garnered widespread attention worldwide. According to data from the Ministry of Commerce, cross-border e-commerce in China's goods tradeimport and exportincreased from 1% in 2015 to 5% in 2022, and reached 1.7 trillion yuan from January to September 2023, a year - on - year increase of 14.4%, accounting for 5.5% of the total import and export of goods trade during the same period. China has become one of the countries with the most complete cross - border e - commerce ecosystem in the world, and its trading partners are all over the world.
International media have reported on the latest developments of Chinas cross - border e - commerce. Reuters pointed out that China has long been a major exporter of many consumer goods, and the latest trends in Chinas cross - border e - commerce have shaken the global online shopping market. The Wall Street Journal reported that in the US market, the two fastest - growing shopping platforms are Shein and Temu, and Temu has become the fourth most visited retail website in the US. Bloomberg cited data from Apptopia saying that consumers spend almost twice as much time on Temu as on the apps of major competitors such as Amazon.
As one of the largest fast - fashion companies in the world, Shein has expanded from initially selling clothing to household items and electronics, and has become the highest - ranked shopping app in the Google Play stores of 115 countries. TikTok Shop, through innovative methods such as live - streaming and short videos, can quickly reach users and stimulate shopping needs, and has been launched in many countries such as the UK, the US, and Saudi Arabia.
The South Korean market has also felt the influence of Chinese e - commerce. The Korea Times reported that AliExpress, Temu and Shein have become the centers of platforms for purchasing affordable overseas goods. According to news from the Korea Customs Service, in the first three quarters of 2023, South Koreas cross - border e - commerce online shopping volume increased by 20.4% year - on - year, with China accounting for about 46%. This data reflects the wide influence and growth potential of Chinas cross - border e - commerce globally.
US research firm eMarketer predicts that global e-commerce sales will reach $7.39 trillion by 2025, with e-commerce penetration in global retail rising to 23.6%. This provides enormous development space for Chinese cross-border e-commerce. GlobalData analysis shows that Chinese platforms are reshaping the shopping experience for global e-commerce customers and sellers, and China is expected to maintain its dominant position in the global e-commerce landscape.
With the accelerated development of cross-border operations on Chinese e-commerce platforms, Chinese logistics companies are also expanding overseas at a rapid pace. The world's first cross-border logistics livestream showcased the entire process—from packaging, sorting, and transportation to consolidation and loading onto international cargo planes—of parcels shipped from China within 48 hours, demonstrating the efficiency and innovation of China's logistics industry. According to a report by the Financial Times, demand for goods sold by Chinese online brands in Western countries continues to grow, with consumers increasingly purchasing more products from Chinese e-commerce platforms. Some orders can even be delivered within a week, highlighting the "China speed" of the country's logistics sector.
The World Banks logistics performance data shows that China performs well in international shipping rankings and customs clearance time, continuously promoting the all - round acceleration of cross - border e - commerce. At present, China has established 165 cross - border e - commerce comprehensive pilot zones, becoming one of the countries with the most complete cross - border e - commerce ecosystem in the world. With the continuous growth of Chinas cross - border e - commerce exports and the continuous improvement of logistics timeliness, products made in China will better enter the global market, bringing more high - quality and competitive choices to global consumers.