Up to now, China has signed 174 cooperation documents on jointly building the “One Belt And One Road” with 126 countries and 29 international organizations. Through the analysis of the above countries’ import and export consumption data on jd platform, the jingdong big data research institute found that China and the “One Belt And One Road” cooperative countries’ online commerce presents five trends, and the “online silk road” connected by cross-border e-commerce is being described.
Trend 1: online business scope expands rapidl

According to a report released by the jingdong big data research institute, Chinese goods have been sold through cross-border e-commerce to more than 100 countries and regions including Russia, Israel, South Korea and Vietnam that have signed cooperation documents with China to jointly build “One Belt And One Road”. Online commercial relations have expanded from Eurasia to Europe, Asia and Africa, and many African countries have achieved zero breakthroughs. Cross-border online commerce has shown vigorous vitality under the “One Belt And One Road” initiative.

According to the report, among the 30 countries with the largest growth in online export and consumption in 2018, 13 are from Asia and Europe, among which Vietnam, Israel, South Korea, Hungary, Italy, Bulgaria and Poland are the most prominent. The other four were occupied by Chile in South America, New Zealand in Oceania and Russia and Turkey across Europe and Asia. In addition, African countries Morocco and Algeria also achieved relatively high growth in cross-border e-commerce consumption in 2018. Africa, South America, North America, the Middle East and other areas of the private business began to be active online.

Trend 2: cross-border consumption is more frequent and diversified