STORY: Thriving cross-border e-commerce in China's Yinchuan impresses foreign journalists
SHOOTING TIME: Dec. 16, 2023
DATELINE: Dec. 17, 2023
LENGTH: 00:01:29
LOCATION: YINCHUAN, China
CATEGORY: ECONOMY

SHOTLIST:
1. various of the foreign journalists from international media outlets visiting cross-border e-commerce in Yinchuan
2. SOUNDBITE (Chinese): MARYNA BELKOVA, Reporter of Russian magazine "China and Russia"

STORYLINE:

The thriving cross-border e-commerce in Yinchuan, the capital city of northwest China's Ningxia Hui Autonomous Region, has impressed a visiting group of foreign journalists from international media outlets.

Some 16 reporters from five countries, including Cuba, Japan, Russia, South Korea and Spain, recently visited an experimental zone of cross-border e-commerce business in Yinchuan.

SOUNDBITE (Chinese): MARYNA BELKOVA, Reporter of Russian magazine "China and Russia"
"The cross-border e-commerce platform has great significance. Through the platform, Ningxia can export its products to Central Asian countries like Kazakhstan, as well as Russia, Belarus, and other Belt and Road partner countries. As Sino-Russian relations are becoming closer, more and more Russian enterprises want to come to China, and they can use the cross-border e-commerce platforms to introduce their products to the Chinese."

As a major logistics center in northwest China, Yinchuan has in recent years been promoting cross-border e-commerce with the construction of a comprehensive bonded area and a comprehensive cross-border e-commerce experimental zone with national standards.

The city has so far seen the registration of 483 cross-border e-commerce market entities which are selling products to 81 countries and regions in the world, with an annual transaction volume of 6.3 billion yuan (about 886 million U.S. dollars).

Xinhua News Agency correspondents reporting from Yinchuan, China.
(XHTV)