Walmart invested in setting up a new Sam's Club in Suzhou, and the country's first RCEP cross-border e-commerce measures were officially released

Walmart invested in setting up a new Sam's Club in Suzhou, and the country's first RCEP cross-border e-commerce measures were officially released

The East China headquarters of the British J&P Group, a big player in the cross-border e-commerce ecosystem, settled in Hangzhou


Recently, the East China headquarters of the British J&P Group, a "big cow" in the cross-border e-commerce ecosystem , settled in Hangzhou. It will bring professional, standardized and effective services to cross-border e-commerce companies in Digital Hangzhou, helping them to go overseas with high quality and win global business opportunities. Hangzhou actively introduces and cultivates cross-border e-commerce service companies, optimizes the overseas service ecosystem of cross-border e-commerce, makes full use of both domestic and international resources, strives to improve overseas supporting facilities, and creates a cross-border e-commerce ecosystem of "one belt, multiple points, and coordinated development" with global overseas warehouses as the network support.


Guangdong Province: Will introduce capital factor reform policies and measures to deepen the reform of the Shenzhen Stock Exchange's issuance and listing system


Guangdong Province will introduce policies and measures for Guangdong's capital factor reform, formulate the 2021 work points for building Guangdong into a strong financial province, promote the implementation of the "Cross-border Wealth Management Connect", "Hong Kong and Macao Insurance Service Center", and "Cross-border Investment Pilot for Private Equity Investment Funds", deepen the reform of the Shenzhen Stock Exchange's issuance and listing system, build the Guangzhou Futures Exchange with high standards, prepare to establish an international commercial bank in the Guangdong-Hong Kong-Macao Greater Bay Area, and promote the deepening of reforms in the provincial rural credit cooperatives and key city commercial banks.

 

Walmart invested in setting up a new Sam's Club in Suzhou with a registered capital of US$40 million


Tianyancha App shows that on March 29, Sam's Club (Suzhou) Department Store Retail Co., Ltd. was established with a registered capital of US$40 million. The legal representative is Fang Xiaofeng. The business scope includes food operation; catering services; daily necessities sales; toy, animation and recreational products sales; pet food and supplies retail; new energy vehicle sales, etc. Shareholder information shows that the company is indirectly wholly owned by Walmart China Co., Ltd.

 

Google releases " 2021 China Cross-border E-commerce Development Report": Multiple categories of home gardening grew by more than 100%


On March 29, Google and Deloitte jointly released the "2021 China Cross-border E-commerce Development Report". The report shows that categories with greater opportunities for cross-border e-commerce in 2021 include fashion, 3C electronics, home gardening, beauty and personal care, etc.

 

Guangzhou Investment Annual Conference : China's first RCEP cross-border e-commerce measures officially released


On the morning of March 30, at the press conference of the 2021 Guangzhou International Investment Annual Conference, Guangzhou officially released the country’s first RCEP cross-border e-commerce special policy - "Several Measures for Guangzhou to Seize RCEP Opportunities and Promote the Innovation and Development of Cross-border E-commerce" to further promote the innovative development of cross-border e-commerce, seize the RCEP opportunities, and contribute "Guangzhou wisdom" to the development of cross-border e-commerce in the post-epidemic era.

 

Cross-border e-commerce retail import pilot expansion: All 13 cities in Jiangsu are ready to carry out the pilot


The Ministry of Commerce, the National Development and Reform Commission and other six departments recently jointly issued the "Notice on Expanding the Pilot Program of Cross-border E-commerce Retail Import and Strictly Implementing Regulatory Requirements" . Previously, six cities in Jiangsu Province , including Nanjing, Suzhou, Wuxi, Xuzhou, Nantong and Lianyungang, have been approved as pilot cities for cross-border e-commerce retail import. With the expansion of the cross-border e-commerce retail import pilot, four cross-border e-commerce comprehensive pilot zones newly approved last year, including Changzhou, Huai'an, Yancheng and Suqian, and three non-comprehensive pilot zone pilot cities, including Yangzhou, Zhenjiang and Taizhou, are included in the comprehensive bonded zones. So far, 13 prefecture-level cities have the policy conditions to carry out online shopping bonded import business, and cross-border e-commerce retail import has entered a new stage of development.


SoftBank's Masayoshi Son: Considering introducing Korean e-commerce Coupang's services to Japan


It is reported that Masayoshi Son, CEO of Japan's SoftBank Group, told the outside world on Monday that Z Holdings, the group's Internet business unit, is considering introducing the services of South Korean e-commerce company Coupang to Japan. Z Holdings just completed the merger of Yahoo Japan and Line this month. By introducing Coupang's business to the Japanese market, SoftBank hopes to attract more potential investments for its Vision Fund, which currently has a $100 billion investment plate.


Cross-border e-commerce market

RCEP

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