Challenges and Countermeasures for Chinas Cross-Border E-Commerce in International Market Competition under the Belt and Road Initiative

Under the Belt and Road initiative, Chinas cross-border e-commerce faces several challenges in international market competition, including difficulties in brand development, issues in logistics and supply chain management, risks and problems related to cross-border payment services, and localization and compliance issues. To address these challenges, Chinas cross-border e-commerce can implement the following countermeasures: First, deepen brand development by enhancing cultural recognition and emotional connections. Second, optimize logistics and supply chain management to reduce logistics costs and improve efficiency. Third, innovate payment settlement methods to enhance transaction convenience, strengthen regulatory cooperation with relevant countries, jointly establish cross-border e-commerce payment standards, and improve transaction security. Finally, understand local markets in depth, form localized teams, learn about overseas regulations, and establish a sound compliance management system to effectively address compliance challenges and achieve sustainable development. Through these measures, Chinas cross-border e-commerce can better seize market opportunities and enhance international competitiveness under the Belt and Road initiative.

Authors

Institutions

Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-11-29
DOI
https://doi.org/10.54254/2754-1169/2024.17763
Primary Topic
E-commerce and Technology Innovations
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Challenges and Countermeasures for Chinas Cross-Border E-Commerce in International Market Competition under the Belt and Road Initiative

Jianwei Gong
Advances in Economics Management and Political Sciences
E-commerce and Technology Innovations
article

Challenges and Countermeasures for Chinas Cross-Border E-Commerce in International Market Competition under the Belt and Road Initiative

Jianwei Gong
article en

Abstract

Under the Belt and Road initiative, Chinas cross-border e-commerce faces several challenges in international market competition, including difficulties in brand development, issues in logistics and supply chain management, risks and problems related to cross-border payment services, and localization and compliance issues. To address these challenges, Chinas cross-border e-commerce can implement the following countermeasures: First, deepen brand development by enhancing cultural recognition and emotional connections. Second, optimize logistics and supply chain management to reduce logistics costs and improve efficiency. Third, innovate payment settlement methods to enhance transaction convenience, strengthen regulatory cooperation with relevant countries, jointly establish cross-border e-commerce payment standards, and improve transaction security. Finally, understand local markets in depth, form localized teams, learn about overseas regulations, and establish a sound compliance management system to effectively address compliance challenges and achieve sustainable development. Through these measures, Chinas cross-border e-commerce can better seize market opportunities and enhance international competitiveness under the Belt and Road initiative.

Advances in Economics Management and Political SciencesVol. 111(1)
Fort Hays State University (US)
Partnerships for the goals
Openalex Percentile: Top 60%
E-commerce and Technology Innovations
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Challenges and Countermeasures for Chinas Cross-Border E-Commerce in International Market Competition under the Belt and Road Initiative — Jianwei Gong · Advances in Economics Management and Political Sciences (2024) | TGRS Research Map | TGRS