Overseas Warehouses Facilitate Shenzhen’s Cross-border E-commerce

Cross-border e-commerce operators in Shenzhen have established or partnered with overseas warehouses in target countries to facilitate streamlined outbound logistics, expedited deliveries and localized aftersales services since 2023. In January, China enacted a tax-rebate policy enabling domestic sellers delivering products to overseas warehouses to apply for tax refunds once they have completed customs clearance. The policy aims to ease financial strain. As China’s top city in terms of foreign trade volume in 2024, Shenzhen is home to about 150,000 cross-border e-commerce entities. Today’s e-commerce exporters are more concerned with seeking overseas orders and completing deliveries. Apart from e-commerce, the constant innovation by local private enterprises also boosted Shenzhen’s exports last year. However, experts warned it will be challenging for the city this year to keep the momentum as strong as in 2024.