Cainiao officially launched Yantai export preferred warehouse on Double 11, with China-Korea cross-border parcels delivered in as fast as 37 hours

"I really didn't expect it to be so fast, it's been less than two days." Mr. Guo, a consumer living in Pyeongtaek City, Gyeonggi Province, South Korea, often buys Chinese products on AliExpress. However, this year, he was surprised that the T-shirt he bought on Double 11 was delivered to his door from China to South Korea in just 37 hours by Cainiao, which really caught him off guard.

According to the data from the General Administration of Customs, in the first three quarters of 2022, South Korea was China's fourth largest trading partner, with a total bilateral trade value of 1.81 trillion yuan, an increase of 7.1%. Among them, China's exports to South Korea were 802.83 billion yuan, an increase of 16.5%. The steady growth of China-South Korea trade and the fact that cross-border logistics efficiency is close to the free shipping area in Jiangsu, Zhejiang and Shanghai in China are inseparable from the further improvement of cross-border logistics infrastructure.

After a period of trial operation, Cainiao and AliExpress officially launched the Yantai Export Preferred Warehouse on November 9. At present, orders sent from the Preferred Warehouse to the Korean market have gradually achieved "next-day delivery", and some orders can be "next-day delivery". Cainiao will work with AliExpress to further improve the efficiency of cross-border logistics between China and South Korea and accelerate the normalization of the "3-day delivery" logistics efficiency.

Cainiao Yantai Optimal Warehouse is located near Shandong Yantai Penglai International Airport, only 1 km away from the airport. The warehouse area exceeds 10,000 square meters and is equipped with Cainiao's self-developed Tianji measuring instrument, LEMO PDA and other digital logistics equipment. Taking the Tianji measuring instrument as an example, it only takes 1 second to place it on the instrument to measure the volume, weight and other data of the goods with high precision, further improving the efficiency of the warehouse.

The preferred warehouse can provide services such as door-to-door collection, direct shipment, and contract fulfillment, which can further optimize the time efficiency of the entire logistics chain. Taking the Korean market as an example, the Yantai warehouse and Weihai warehouse save the time of domestic collection and transfer. Cross-border parcels can arrive at the Korean port within 12 hours by sea transportation, "sending in the evening and arriving in the morning". In terms of cost, the warehouse-to-shipping line is about 30% lower than the direct-to-shipping line, which improves the competitiveness of China's cross-border products.

Data from Cainiao and AliExpress show that the number of parcels sent from the Preferred Warehouse to South Korea in 2022 increased by more than 300% year-on-year. The shipping volume during Double 11 was about 5 times that of normal days. Before Double 11, hundreds of thousands of Chinese products had been prepared in advance at the newly opened Yantai warehouse, including categories such as beauty, clothing, 3C digital products, etc.

"Yantai Preferred Warehouse will further improve the efficiency of cross-border logistics between China and South Korea. We are accelerating the normalization of '3-day delivery'. In the future, with the continuous improvement of the entire cross-border link between China and South Korea, South Korean consumers will receive packages from China faster." Zhao Jun, head of Cainiao International Export Supply Chain, said that combined with the Korean distribution center and card class routes, Cainiao will provide cross-border merchants with more certain and cost-effective logistics solutions to meet consumer needs and enhance the shopping experience.

In 2021, Cainiao's China-South Korea cross-border shipping line was officially launched. After the scheduled ship arrives in South Korea, the return trip can directly transport South Korean export goods to China, further opening up South Korea's two-way import and export logistics services. In addition, Cainiao also signed a cooperation agreement with the Korea Small and Medium Enterprises Corporation (KOSME) to become the official designated logistics partner for South Korea's small and medium-sized enterprise export business.

At present, Cainiao has teamed up with AliExpress to build preferred warehouses covering 7 places across the country, including Guangdong, Zhejiang, and Shandong, with a total area of ​​nearly 100,000 square meters.

It is understood that Cainiao has deployed 6 smart logistics hubs around the world, operates more than 3 million square meters of cross-border logistics warehouses, has more than 240 chartered flights per month for trunk transportation, and has established a smart customs clearance system in cooperation with more than 60 ports around the world, building a high-quality global logistics network. Among them, the "5 US dollars 10 days delivery" logistics product has covered 20 countries, helping more cross-border merchants "deliver to the world with the price of a cup of coffee."

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