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  1. Amazon to market Chinese goods in 185 countries, regions

Amazon to market Chinese goods in 185 countries, regions

Chinese merchants will soon be able to sell their goods in 185 countries and regions through e-commerce giant Amazon's online marketplace, state media reported today.

By: | Beijing | Published: May 14, 2016 8:55 PM
amazon Chinese merchants will soon be able to sell their goods in 185 countries and regions through e-commerce giant Amazon’s online marketplace, state media reported today. (Reuters)

Chinese merchants will soon be able to sell their goods in 185 countries and regions through e-commerce giant Amazon’s online marketplace, state media reported today.

Amazon signed a deal with a cross-border e-commerce pilot zone in Hangzhou, east China’s Zhejiang Province, to let traders use its site to sell to its 285-million active paying customers worldwide.

Amazon’s global logistic network will deliver goods from China to 185 countries and regions, state-run Xinhua news agency reported.

Cross-border sales account for nearly one fourth of total revenue from third party merchants in Amazon’s global marketplaces. The number of Chinese traders there doubled in first quarter from a year ago.

Zhejiang province is looking to cross-border e-commerce to shore up trade, which shed 0.9 per cent in the first four months. Exports edged up only 0.3 per cent in the same period.

E-commerce has offset much of the slump in traditional exports.

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