JD to build 30 international supply chain sites for cross-border commerce

Chinese e-commerce giant JD.com plans to build supply chain sites in 30 countries, Russia’s state-owned Sputnik News reports (in Chinese). The announcement was made during the Eastern Economic Forum, held in Vladivostok, Russia.

The goal is to be capable of transferring goods from China to cross-border destinations in 48 hours. “JD set up the plan at the beginning of this year. Generally speaking, we’ll complete it in 2 to 3 years,” Huang Xing, JD’s vice president said. Interestingly, Richard Liu, JD’s NO.1 person, who holds control of the company, did not appear in Russia, while Jack Ma attended the event as Alibaba’s head.

President Xi Jinping led the Chinese delegation and met President Putin. In a culture where titles have to be strictly matched, corporate participants send their top powers to show respect. Huang’s representing of JD for the announcement is not usual.

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