A Study on China-ASEAN Cross-Border E-Commerce Logistics Based on the New International Land-Sea Trade Corridor

Abstract

The New International Land-Sea Trade Corridor (ILSTC), originated from the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity (CCI), is an important part of China's Belt&Road initiative. The construction of ILSTC provides a more well-functioning infrastructure and optimized business climate for trade interconnection between China and the ASEAN countries, which drives cross-border e-commerce (CBEC) to develop rapidly. The development of CBEC relies on the support of cross-border e-commerce logistics (CBECL), and the two are mutually reinforcing. At present, the incongruous growth of China-ASEAN CBEC and CBECL is the main factor restricting the cross-border business between the two economies. The main problems are shown in the great divide in infrastructure construction, lack of logistics standards unification, high logistics costs, and low timeliness. This paper analyzes the development of China-ASEAN CBEC and logistics in the background of ILSTC construction, combined with the e-commerce connectivity index (ECI) and logistics performance index (LPI). Benefiting from ILSTC to explore necessary suggestions of upgrading and cooperating CBECL in regions. The paper aims to promote further CBEC cooperation between China and the ten ASEAN countries.