The rapid expansion of the e-commerce sector in China offers substantial benefits for Thai businesses, as revealed in a recent study by Thailand’s Ministry of Commerce. The study, released yesterday, highlights the potential gains from the surge in China’s cross-border e-commerce (CBEC) trade.
In a bid to streamline the cross-border sale of goods, the Chinese government has established 165 pilot CBEC zones across 33 cities and regions. These zones simplify the process of selling Chinese products on foreign websites and vice versa, the study elucidated.
Poonpong Nainapakorn, the director of the Trade Policy and Strategy Office (TPSO), underscored the significance of CBEC trading for penetrating Chinese markets in the report. He pointed out that it presents Thai entrepreneurs with an avenue for increased opportunities, thanks to advantageous tax…
