Nantong FTZ thrives in cross-border e-commerce ahead of the Double Eleven shopping festival
The Nantong Free Trade Zone's cross-border e-commerce is on a robust growth trajectory this year, with expectations of record-breaking sales volume and revenue during the upcoming Double Eleven shopping festival.
CanDa Supply Chain Management, based in the zone, is grappling with a surge in business demand. Staff efficiently handle tasks such as stocking, order processing, scanning, packaging, sorting, and shipping. The company offers cross-border bonded warehousing and logistics services for various e-commerce platforms, spanning categories like cosmetics, personal care, health products, and pet food. By 11 p.m of Oct 31, their warehouse had already received over 50,000 orders in a single day, and on Nov 1, daily transactions exceeded 100,000 orders.
Nantong FTZ witnesses robust growth during Double Eleven shopping festival in 2023. [Photo/WeChat account: gh_78ba52d6e1ed]
Nantong FTZ has continually innovated service models and streamlined business processes, offering nonstop station monitoring and efficient customs clearance services. As of Oct 31, the zone saw over 2.3 million import sales orders, a growth rate exceeding five times compared to the performance of the previous year, with sales revenue reaching 600 million yuan ( $82.37 million) and growing more than four-fold.
The zone is well-prepared for the Double Eleven shopping festival, with cross-border e-commerce poised to reach new heights.