Logistics companies in Shenzhen report an increase in cross-border e-commerce

Logistics companies based in Fuwei Village, in China’s southern metropolis of Shenzhen, have seen strong growth in cross-border e-commerce this year.

Fuwei is locally known as the “international logistics village” as it is adjacent to Shenzhen Bao’an International Airport and Fuyong Port.

According to an official at one air logistics company, almost all cargo planes leaving the airport are fully loaded with cross-border e-commerce packages.

“Almost all of our air freighters are fully loaded and 60-70 percent of cargo is shipped cross-border via e-commerce. Compared to last year, there has been an increase of about 20 percent,” said Guo Junqiang, along with his colleagues, who loaded almost 100 tons of goods onto a plane bound for Chicago.

Statistics show that cross-border e-commerce shipments account for approximately 80-90 percent of the total shipment volume at this logistics hub.

“We have noticed a significant increase in the number of parcels after the Spring Festival, especially those delivered directly to end consumers. The volume has more than doubled compared to the same period in the past,” said Pang Jun, head of the company’s international logistics department.

Local government data shows that in Fuyong commune, where Fuwei village is located, there were about 3,800 registered logistics companies in 2023, and currently there are over 4,300.

Conveyor belts in the warehouses of local logistics companies run around the clock, and most parcels handled here are shipped from the port of Shenzhen within 24 hours.

“Thanks to the reform initiatives, the time for goods to reach foreign consumers after customs clearance at Shenzhen Customs has been reduced by 30 percent compared to before,” said Liu Yangyang, a customs officer in the cross-border e-commerce management department of Shenzhen Customs Department.

Logistics companies in Shenzhen report an increase in cross-border e-commerce

The 20th China International Cultural Industry Fair concluded on Monday after a dynamic five-day event in the southern Chinese metropolis of Shenzhen.

This year’s edition was the largest in history – the largest exhibition space in history was created at the World Exhibition and Convention Center in Shenzhen, with an area of ​​over 160,000 square meters, an increase of 33% compared to last year. This expansion helped achieve an unprecedented average daily visitor count of over 140,000.

There were also a total of 52 sub-venues across the city that hosted related events, and the event also included online elements to showcase cultural products and projects around the world.

This year, the fair has new features such as the International Cultural Trade Exhibition, the “Cultural and Creative China” special exhibition space and the Intangible Cultural Heritage Food Exhibition.

These additions have helped attract 30 top cultural enterprises from across China and over 220 leading companies from around the world, showcasing over 120,000 cultural products and facilitating transactions for over 4,000 investment and financing projects in the cultural industry.

Participation in the conference was strong, with over 6,000 government groups, cultural institutions and businesses engaged, an increase of almost 60% compared to the last session.

The International Cultural Trade Exhibition, which this year expanded the dedicated exhibition area for participants from all over the world from just 3,000 square meters to 20,000 square meters, attracted over 300 foreign exhibitors from 60 countries and regions, and welcomed over 30,000 professional visitors from the whole world the world.

In addition, the fair also highlighted the extensive application of digital technology in the cultural sector, promoting growth and innovation.

More than 100 innovative projects and new product launches were announced, and more than 20 significant investment conferences and promotional meetings were held, which contributed to creating a vibrant atmosphere of exchange and cultural development.

Since its establishment in 2004, ICIF has grown in scale, participation and commercial performance, making it an important engine in promoting the development of China’s cultural industry.

The International Cultural Industry Fair ended in Shenzhen with record attendance