China's cross-border e-commerce offers opportunities

China's cross-border e-commerce has entered a phase of high-quality development, presenting new collaborative opportunities for countries in the Global South, experts said at an event in Shanghai on Saturday.

Currently, cross-border e-commerce is advancing into a new phase characterized by diversified traffic, integrated trade, and diversified markets. As domestic sellers seek to explore new markets and discover new product categories, the Global South stands to benefit, the experts said.

"Countries in the Global South can leverage China's mature e-commerce operational experience to rapidly bring their high-quality, unique products to the global market," said Li Mingtao, chief e-commerce expert at the China International Electronic Commerce Center.