China-ASEAN e-commerce to expand

The cross-border e-commerce trade volume between China and the Association of Southeast Asian Nations countries will increase by 50 percent in 2018, boosted by trade facilitation, according to an expert.

Zhao Ping, director of the international trade research department under the aegis of the Academy of China Council for the Promotion of International Trade, said that there is huge potential in the cross-border e-commerce trade between China and ASEAN.

"Products from China and ASEAN have strong complementarity. ASEAN countries have high demands toward high value-added industrial products from China. Computer, communication and consumer electronics products (3C products) make up the highest ratio of China's exports to ASEAN countries, with the second and third places taken by health and beauty products and fashion accessories.