The Guiyang Free Trade Zone (Guiyang FTZ), a core area of Guiyang's cross-border e-commerce pilot zone in Southwest China's Guizhou province, is enhancing the industrial foundation of the cross-border e-commerce industry by focusing on the Guiyang international dry port.
In 2022, the foreign trade value of the Guiyang FTZ hit $2.71 billion with a year-on-year increase of 48.9 percent. $430 million of that total was the value of its cross-border e-commerce industry, indicating a year-on-year increase of 87 percent.
Last year, the Guiyang FTZ completed construction of the Guiyang international dry port, which became the first bonded international dry port under customs supervision in the province.
Freight trains belonging to China Railway Express, China-Laos Railway, Guizhou-Guangdong Railway and Guizhou-Chongqing Railway began operations in the Guiyang FTZ last year. So far, the zone has operated 39 China Railway Express freight trains, transporting 3,878 standard containers worth $129.47 million.
The zone's cross-border e-commerce comprehensive service platform is the first of its kind to be connected with Guizhou's public service platform. Currently, it has been connected to more than 190 companies.
The Guiyang FTZ has started constructing a 5,000-square-meter cross-border e-commerce bonded warehouse and cross-border e-commerce offices that span 3,000 sq m. It has also begun operation of four overseas warehouses in Moscow, Los Angeles, Selangor State in Malaysia, and North Rhine-Westphalia State in Germany.
So far, the zone has enhanced its cross-border e-commerce investment attraction, expanded the scale of bonded cross-border e-commerce businesses, integrated bonded warehouses with physical stores, and placed several cross-border e-commerce shops into various business districts in Guiyang.