According to the announcement jointly issued by Ministry of Finance of PRC, General Administration of Customs of PRC and State of Administration of Taxation, the retail import tax policy of cross-border ecommerce business will be implemented on 8th April 2016 while the personal postal articles tax policy will be synchronously adjusted. In the past, the imported goods no more than 50 Yuan were duty-free. Right now, the imported goods less than 200 Yuan are tarrif-free. Consumption tax and value added tax will be charged as 70% as in the traditional trade. Mr. Zeng Bibo, CEO of Ymatou, said that the above mentioned new policies will surely be feel-good factors for cross-border ecommerce. Once, the cross-border ecommerce business was regarded as off-the-books industry with tax evasion. The implementation of new cross-border ecommerce tax system will lead its chaotic situation to a regular, systematic and large-scale rapid development.
It marks cross-border ecommerce business stepping into its mature period. Industry capital can involve in cross-border ecommerce business at ease. The new policies are surely good for the industry development. For small retailers and purchasing business, the cross-border online shopping overseas and price advantage are not very clear in the respect of industry competition. However，for the bonded stock mode supported by China government, there are much greater growth space and advantages in the respects of timeliness and vertical selling price. Innovative operational strategy and mode will be the points that the online retailers have to break through.
Not long ago, with “Free Trade Zone Haiwei Cross-border Ecommerce Plaza” opening by the official approval, Haiwei Liquor Trading Market has set up a professional property management company serving for cross-border ecommerce and securing the normal operation of brand enterprises settled in Haiwei Plaza. All the enterprises settled in Haiwei Plaza can enjoy various particular preferential policies, such as bonded tax, duty-free policy in FTZ. Haiwei Plaza can work for cross-border ecommerce business as the exhibition, office, storage and logistics & distribution base. With the import cross-border business gradually increased year by year, Haiwei Plaza can provide the serve platform for the enterprises settled in the plaza. Meanwhile, completely being different from traditional trade, Haiwei Liquor Trading Market connects the manufactures abroad with domestic terminal retailers, has removed the traditional multi-agency, carried out the bonded exhibition and O2O direct-selling mode of direct distributors nationwide. For about 7 years’ operation, Haiwei has won the recognition and acceptance from various social circles.
Relevant report:
CBMAG REPORT
http://www.cbmag.cn/news/66665.html
IHK REPORT
http://ah.ihk.cn/news/1005b4098/1.html
DIANSHANGWIN REPORT
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QYJRB REPORT
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EASTFE REPORT
http://www.eastfe.com/html/finance/20160401/8885.shtml
FINACE REPORT
http://finance.lcxw.cn/fwfb/shuju/2016-04-01/695972.html
MRCAIJING REPORT
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