Growing Archives · Tashkent Citizen https://tashkentcitizen.com/tag/growing/ Human Interest in the Balance Thu, 20 Jul 2023 12:54:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://tashkentcitizen.com/wp-content/uploads/2022/11/cropped-Tashkent-Citizen-Favico-32x32.png Growing Archives · Tashkent Citizen https://tashkentcitizen.com/tag/growing/ 32 32 China’s Growing International E-commerce Trade Turns to TIR https://tashkentcitizen.com/chinas-growing-international-e-commerce-trade-turns-to-tir/ Fri, 28 Jul 2023 08:00:00 +0000 https://tashkentcitizen.com/?p=4399 TIR, the only global transit system, is now bringing additional efficiency and security to China’s booming e-commerce trade.…

The post China’s Growing International E-commerce Trade Turns to TIR appeared first on Tashkent Citizen.

]]>

TIR, the only global transit system, is now bringing additional efficiency and security to China’s booming e-commerce trade.

A truck loaded with a wide range of e-commerce goods has completed its journey from China’s inland city of Kashgar to Kyrgyzstan. This marks the first transport of its kind to connect China with Central Asia benefiting from the unique combination of TIR and the dedicated e-commerce goods customs declaration procedure called “9610”. 

China’s cross-border e-commerce trade witnessed rapid growth during the pandemic, becoming an important driving force of the country’s foreign trade. 

Data from China’s Ministry of Commerce shows that the country’s cross-border e-commerce has increased by nearly ten times over the past five years. Driven by deepening regional cooperation, e-commerce trade between China and Central Asia experienced a 95% year-on-year growth in 2022.

China’s fast-growing e-commerce trade has generated a surging market demand for safe and efficient logistics solutions to move goods across borders. TIR, which connects China with over 30 countries across Eurasia, will help to further unleash the potential of its e-commerce trade.  

The TIR system brings unique benefits to the transport of e-commerce goods. TIR streamlines border procedures, allowing for customs procedures to be handled during departure from an inland customs office, while enhancing the security of the goods. This ensures faster and more secure delivery of goods and guarantees cargo integrity during the journey.

Source: IRU News

The post China’s Growing International E-commerce Trade Turns to TIR appeared first on Tashkent Citizen.

]]>