Chinese express delivery company contributes to Pakistan's cross-border e-commerce.
BEIJING -- China and Pakistan will continue to cooperate in cross-border e-commerce to create more prosperity and happiness between the two countries, said Badar U Zaman, Commercial Counselor of the Pakistan Embassy in China.
Cross-border e-commerce is one of the most important areas for China and Pakistan to achieve success and forge ahead, he recently highlighted.
China attaches great importance to strengthening cross-border e-commerce cooperation with overseas markets.
Due to the pandemic, the proportion of online transactions in any market where e-commerce is not yet mature will continue to grow rapidly. As per local trade resources, Pakistan is the 46th largest market for e-Commerce with a revenue of US$4 billion in 2020, China Economic Net (CEN) reported.
Statista, a German market and consumer data provider, predicts that Pakistan's e-commerce market is projected to generate US$7.666 billion in revenue in 2022.
Efficient logistics is a necessary condition for the development of e-commerce. Tim Yao, chairman of Captain Express Pakistan Pvt Ltd (CPEX for short and the brand also), a subsidy of Captain International Express (Hk) Co Ltd, said in a recent interview that Pakistan's largest express company delivers about 300 million packages a year, but compared with Pakistan's population of more than 220 million, there is still a great potential to be tapped.
With the explosive growth of e-commerce in Pakistan, the Pakistani express industry will usher in a dividend period. At the same time, the demand for traditional B2B trade is still booming. However, whether it is a C-end or a B-end business, the last-mile delivery is the lifeline of the logistics service chain.
Deeply engaged in the sea and air logistics in the South Asian market for more than a decade, CPEX has been targeting the huge potential of Pakistan's express industry and has made many years of efforts to contribute to Pakistan's cross-border e-commerce.
Express delivery industry requires heavy investment, including human, material and financial input. Currently, CPEX orders have exceeded 10,000 per day, covering 8 major cities in Pakistan, with more than 60 employees, predominately on e-commerce platforms and SF Express. International products originating from China can be guaranteed to be delivered from China to Pakistani recipients within 7 days (4 days at the earliest), and logistics information can be...
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