On the morning of December 9, the Cross-Border Electronic Commerce Industrial Parkof China (Hubei) Free Trade Pilot Zone Yichang Area(hereinafter referred to as Yichang Area) was opened formally, serving as another important functional platform for Yichang to connect with the "Belt and Road" and open further. The Administration of Yichang Area signed cooperation agreements with a Shenzhen electronic commerce league and local cross-border e-commerce companies.

　　Zhang Jiasheng, vice-secretary of the CPC Yichang Municipal Committee and mayor, announced the opening of the park. Chen Huarong, deputy director-general of the Commerce Department of Hubei Province and Zhou Zhengying and Wang Yuancheng, vice mayors, participated in the opening ceremony. And they also visited the E-Commerce Public Service Center of the park and carried out field research of enterprises that have entered the park.

　　Located on No. 188, Huaxi Road, the Cross-Border Electronic Commerce Industrial Park covers an area of 80,000 square meters and enjoys a total investment of 180 million yuan. It boasts multi-functions including online and offline trade, e-businessman incubation, startup training, storage experience, public service and so on.

　　In the third batch of prefecture-level cities in the free trade areas nationwide, Yichang took the lead to open the China Railway Express routes of "Yichang-Hamburg-Europe" and "Yichang-Xinjiang-Europe", opened the first railway－sea transportation line heading south from the central region, built an international logistics channel system to all directions, creating favorable conditions for a booming development of cross-border e-commerce.

　　So far, main e-commerce market entities registered in Yichang have reached 8,000, with 50,000 employees. The amount of business transactions of 10 e-commerce enterprises has exceeded 100 million yuan. In the first three quarters of this year, the volume of the city’s express parcel business extending to Hong Kong, Macao, Taiwan and overseas has reached 151,300 pieces in total and online transaction has hit 20 million US dollars.

　　In October last year, Hubei province issued the "Implementation Opinions on Copying and Promoting the Mature Experience and Practice of Cross-Border E-Commerce Comprehensive Pilot Zones"; In May this year, Yichang issued the "Support Measures for Cross-Border E-Commerce in China (Hubei) Free Trade Pilot Zone Yichang Area". With strong support from the provincial government and the municipal government, the construction of the cross-border e-commerce industrial park and investment promotion in the park have been rapidly advanced.

　　At present, the industrial park has introduced more than 30 related companies in e-commerce basic services, information services, certification services, financial services and logistics services. According to the relevant director of the administration, the park will continue to adhere to the leadership of the party committee, guidance of the government and operation of enterprises. With the focus on the cultivation of emerging industries and the restoration of traditional growth drivers, it will build an online comprehensive service platform, an offline park platform, a comprehensive supervision system and a comprehensive service system, thus building a bridgehead of an open economy.

　　From now to 2022, the industrial park plans to introduce more than 100 enterprises and achieve revenue of more than 10 billion yuan so as to become a "national-level cross-border e-commerce industrial park demonstration base."