The Shanghai Waigaoqiao cross-border bonded warehouse of Taobao Global Shopping, China's largest e-commerce platform, has officially opened. The "Shanghai Warehouse" was jointly launched by Shanghai Waigaoqiao International Trade Operation Center Co., Ltd. (hereinafter referred to as the "Operation Center") and Taobao Global Shopping. It will provide "hard support" for global small and medium-sized brand cross-border e-commerce and become a new engine for revitalizing the two major domestic and international markets. As one of the first cross-border warehouses in China for Taobao Global Shopping, the Shanghai warehouse has a daily order processing capacity of more than 5,000 orders. In the future, Waigaoqiao will further promote the diversified development of cross-border e-commerce, focus on improving the functions of the cross-border business center warehouse, and build a "Shanghai shopping, Waigaoqiao supply" model.