[song Xiaojun, vice president of Amazon China: global retail e-commerce CAGR is expected to remain above double digits in the next 5 years]. Song Xiaojun, vice president of Amazon China, said at the seventh global cross-border e-commerce summit held in 2023 today that, in terms of trend, 2023 is an important node for global retail e-commerce from shock to stabilization, and the global retail e-commerce growth rate is expected to return to pre-epidemic levels this year. It is about 17%. The compound annual growth rate of global retail e-commerce is expected to remain above double digits over the next five years. Among them, Latin America, the Middle East, Asia, Eastern Europe and other regions will lead the world in terms of growth, while the development of e-commerce in emerging markets such as Brazil, the Middle East, Turkey, India and Mexico will be more eye-catching and deserve special attention. " (Wang Bin, reporter of the Financial Associated Press)