News Snapshot:
Hangzhou has made significant progress in developing cross-border e-commerce in recent years by building a comprehensive pilot zone. During this year's Double 11 shopping spree, which lasted from Nov 1 to 11, Tmall, a shopping platform run by Alibaba, recorded a year-on-year increase of 47.3 percent in imported commodity sales. Statistics show that around 180 overseas brands exceeded 10 million yuan ($1.52 million) in transaction volume during the shopping event. Chinese consumers can now buy a variety of imported goods through the tap of a finger. In March 2015, the State Council approved the establishment of the Hangzhou Cross-Border E-Commerce...
