Hefei sets up cross border e-commerce incubation center

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Hefei (Luyang) Cross-border E-commerce Incubation Center opened in Hefei yesterday. With a total area measuring 3,000 square meters, the center is capable of accommodating 30 to 50 small to medium-size companies.

Numerous cross-border platforms have already set up operations in the incubation center, including multinationals such as Amazon, Ebay, Wish, Alibaba, Ping An Bank, and Huishang Bank.

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In addition, the center will strive to cultivate 300 new cross-border entities by 2021, achieving an annual total cross-border transaction volume exceeding $100 million.

Source: Amazing Hefei

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