Group 1: Industry Overview - The foreign trade e-commerce sector in China has shown steady growth in 2025, with total import and export volume reaching approximately 1.32 trillion yuan, a year-on-year increase of 5.7% [1] - Export business remains stable, achieving a scale of 1.03 trillion yuan, with a growth rate of 4.7% [1] - The Chinese supply chain system continues to support the sector, with increasing recognition of Chinese manufactured products in overseas markets [1] Group 2: Policy Support - Various government departments have launched a series of supportive measures to facilitate the industry, including simplified export tax rebate procedures and customs clearance initiatives [1] - The implementation of bonded supervision declaration details has enhanced logistics management efficiency for enterprises [1] - These measures cover critical areas such as tax declaration, goods clearance, and warehousing management, reducing operational burdens for companies and improving the circulation speed of Chinese goods in international markets [1] Group 3: Company Case Study - Wuhan Meteorite Gathering Company has accumulated operational experience in foreign trade e-commerce since its establishment in 2017, evolving from self-operated stores to providing comprehensive services for partners [3] - The company focuses on assisting domestic operators in expanding into overseas markets, offering services such as store planning, operational guidance, and resource introduction [3] - As of April 21, 2025, the company was listed on the Shanghai Equity Custody Trading Center, marking a significant milestone in its development and reflecting the potential of Chinese foreign trade e-commerce service enterprises [3] Group 4: Future Prospects - The steady development of China's foreign trade e-commerce is attributed to both the continuous improvement of the policy environment and the practical exploration by market participants [4] - With the deepening digitalization of global trade, the sector is expected to achieve higher quality development, providing quality products to global consumers while creating broader business opportunities for domestic operators [4] - The collaboration between policy support and market practice will enhance the overall level of the industry [4]

Core Insights - The meeting held on August 19 focused on enhancing the mechanisms for foreign trade to empower the development of cross-border e-commerce [1] Group 1: Cross-Border E-Commerce Development - The high-tech zone (Huqiu District) has accelerated the high-quality development of cross-border e-commerce, achieving comprehensive coverage of all models including bonded imports, B2B direct exports, and overseas warehouse exports [1] - The B2C export business (9610) has ranked first in the city for five consecutive years, while cross-border e-commerce shipments via the China-Europe Railway Express have maintained the top position in the province for three years [1] - The district launched the first cross-border e-commerce financial product in the province, "Haimao Loan," and established the first cross-border e-commerce enterprise service center in the city, aiming to create a new highland for cross-border e-commerce development [1] Group 2: Growth Metrics - In the previous year, the total import and export volume of cross-border e-commerce in the district increased by 172.8% year-on-year [1] - Major cross-border e-commerce platforms such as Vipshop, JD International, and Quanliang Quansu have established operations in the area [1] Group 3: Collaborative Efforts - Participants in the meeting included members of the Political Consultative Conference, representatives from the cross-border e-commerce association, and officials from customs and tax departments, who engaged in discussions on digital trade, expanding cross-border e-commerce entities, and improving logistics channels [1] - The discussions aimed to address pain points and propose actionable solutions to better embrace new cross-border e-commerce business models and open up new competitive avenues internationally [1]

Group 1 - CoGoLinks has officially established its mainland headquarters in Hangzhou, enhancing the city's digital trade development and cross-border service ecosystem [1][3] - Hangzhou government aims to build a global cross-border payment settlement center, supporting the global layout of cross-border payment institutions [3] - CoGoLinks is part of the Jiexing Technology Group, which has developed four core business sectors over 20 years, including smart payment and cross-border payment [1][4] Group 2 - Since its independent operation in 2019, CoGoLinks has become a strategic core of Jiexing Technology Group's global layout, entering the cross-border payment market in 2021 [4] - As of Q1 2025, CoGoLinks has established settlement channels for nearly 20 currencies, supporting over 80 cross-border trade platforms across more than 100 countries and regions [4] - The company serves over 210,000 cross-border trade digital stores, with clients spanning major cross-border e-commerce platforms and traditional foreign trade sectors [4][5] Group 3 - The transition of China's foreign trade from "goods export" to "enterprise going global" is accelerating, promoting the upgrade of Chinese manufacturing to "intelligent manufacturing" [4] - CoGoLinks aims to integrate into Hangzhou's digital trade ecosystem, leveraging government support to expand its cross-border payment services and improve service quality [5] - The company plans to actively participate in the construction of Hangzhou's global digital trade port core area, contributing to the development of the entire digital trade industry chain [5]