Beijing Steps Up Support for Overseas E-Commerce Warehouses

In recent years, Beijing has rolled out a series of measures to support the construction of overseas warehouses, aiming to spur the globalization of China’s e-commerce platforms in the face of weakening demand and increasing competition at home.

The latest such initiative came in June, when the Ministry of Commerce and eight other government agencies issued a document encouraging local governments to set up special industrial funds and offer tax rebate policies to help cross-border e-commerce companies set up warehouses overseas.