China and Pakistan will continue to cooperate in cross-border e-commerce for the prosperity and development of the two countries.
Commercial Counselor of the Pakistan Embassy in China, Badar U Zaman said Cross-border e-commerce is one of the most important areas for China and Pakistan to achieve success and forge ahead.
Cross-border e-commerce is one of the most important areas for China and Pakistan to achieve success and forge ahead, he highlighted.
Currently, CPEX orders have exceeded 10,000 per day, covering 8 major cities in Pakistan, with more than 60 employees, predominately on e-commerce platforms and SF Express.
International products originating from China can be guaranteed to be delivered from China to Pakistani recipients within 7 days (4 days at the earliest), and logistics information can be checked on the website.
As per local trade resources, Pakistan is the 46th largest market for e-commerce with revenue of $4 billion in 2020, China Economic Net reported. Statista, a German market, and consumer data provider predict that Pakistan’s e-commerce market is projected to generate $7.67 billion in revenue in 2022. Efficient logistics is a necessary condition for the development of e-commerce.
For cross-border business, CPEX mainly uses air transport to operate direct cargo charter flights from China to Pakistan. Tim explained, “Amazon began recruiting Pakistani merchants in May last year, which signals that the Pakistani e-commerce currently in the development stage will gradually take shape.”
Due to the Corona pandemic, the proportion of online transactions in any market where e-commerce is not yet mature will continue to grow rapidly. As per local trade resources, Pakistan is the 46th largest market for e-Commerce with revenue of four billion dollars in 2020.
China attaches great importance to strengthening cross-border e-commerce cooperation with overseas markets. Due to the pandemic, the proportion of online transactions in any market where e-commerce is not yet mature will continue to grow rapidly.