Cross-border e-commerce deals increase 80.6%

Cross-border e-commerce trade rose 80.6 percent year-on-year in China to 90.24 billion yuan ($14.33 billion) in 2017, top officials said on Friday.

Speaking at the First Global Cross-Border E-Commerce Conference, Yu Guangzhou, the minister of the General Administration of Customs, said China's cross-border e-commerce trade has grown at an average annual rate of over 50 percent in the past three years.

The two-day conference, jointly organized by GAC and the World Customs Organization, will conclude on Saturday.