Cross-border Ecommerce Business Will Have a Prosperous Development by Continuous Favorable Factors of Tianjin Free Trade Zone

25年05月01日

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2016/5/24

Tianjin pilot free trade zone has issued three positive policies for cross-border ecommerce development. Firstly, innovative financial policy benefits the normalization of cross-border ecommerce settlement and the improvement of enterprises’ financing capability; secondly, innovative supervision is good for the localization of cross-border commerce imported consumption goods and plays a positive role in improving the convenience and reversed transmission for domestic brands ungraded; thirdly, Tianjin pilot free trade zone has removed the restriction of foreign capital admittance, which is helpful for cross-border ecommerce foreign enterprise entering free trade zone and China market. Tianjin pilot free trade zone will provide more beneficial policies for the rapid development of cross-border ecommerce business. The pattern of “global purchase or sale” by Tianjin cross-border ecommerce will be formed very soon.

Haiwei cross-border ecommerce plaza, which is located in Tianjin port free trade zone, aims to make the complete industrial chain and ecological chain. The enterprises, which plan to settle in Tianjin free trade zone, can not only operate cross-border ecommerce business, but also enjoy duty-free policy and 70% of consumption & value added taxes less in traditional trade as well as the favorable policies of Tianjin free trade zone. The bonded or oversea goods can freely go into or out of free trade zone with the exemption from custom duties and business license. The enterprises settled in free trade zone can carry bonded exhibition, bonded processing, bonded storage and modern logistics without time restriction. Imported commodities can enter free trade zone in bulk and be outside of FTZ in batches with paying taxes in batches. Haiwei plaza provides great service platform and shares FTZ’s favorable policies with the enterprises settled in FTZ. Tianjin free trade zone develops bonded imported business through the pattern of inspection center & bonded warehouse under the Customs’ special supervision.

According to the big data, in the structure of global trade, the average annual growth of traditional trade is less than 10%, but the cross-border ecommerce business has kept more than 30% growth rate. Cross-border ecommerce has become the business industry with the fastest growth in China import/export trade. According to some insiders, with the further development of free trade zone, the next 10 years will be the golden period for the cross-border ecommerce business’ development. Tianjin will surely have a prosperous development by the policy of FTZ and its location advantages.