On March 17, 2017, the Ministry of Commerce (“MOFCOM”) issued new updates about cross border eCommerce in China. After releasing tight regulations last year, the new policies look “promising” and will be a big step forward. Here are the details: 1. Imported goods as “personal belongings”. Starting from January 1 2018, retail import commodities through …
Cross border eCommerce pilot zones in China was built as a new instrument to nurture cross border eCommerce and support China’s international trade development. The first Pilot Zone was set in Hangzhou in March 2015. Up to now, 13 more pilot cities are added: Tianjin, Shanghai, Chongqing, Hefei, Zhengzhou, Guangzhou, Chengdu, Dalian, Ningbo, Pingtan, Qingdao, Shenzhen …
Released on April 8th, 2016, China’s cross border eCommerce policy only allows a maximum of 2,000 yuan per single cross-border transaction and a maximum of 20,000 yuan per person per year. Goods that exceed these limits will be levied the full tax for general trade. Entering 2017, China has launched an official online platform for …
“Black Friday” in China has become an online shopping spree: It fills the needs from numerous cross border eCommerce shoppers in China, and help international merchants to boost their branding power and sales. This year’s “Black Friday” campaign just came to the end. Comparing to what happened in previous years, what has shifted from the stereotypes? …
The Ministry of Commerce of the Government of China (MOF) announced today that the new tax policies for cross border eCommerce will be postponed further, till the end of year 2017. The policy was referring to the new policy on cross border eCommerce introduced in April, 2016. New rules meant tighter customs treatment and higher tax …
According to the latest Global Online Shopping Survey released by Pitney Bowes, eCommerce, especially cross border eCommerce has become “a way of life”. Meanwhile, China remains one of the most passionate countries about eCommerce. The survey was conducted online by ORC International and surveyed approximately 13,000 adults across 13 countries regarding their perceptions, habits and preferences …
China eCommerce has witnessed numerous rises and falls: While many cross border eCommerce businesses have achieved great success in China, a number of businesses had to finally shut down. Different cross border eCommerce companies failed for various reasons. Below, TMO Group put together stories of three once-popular cross border eCommerce that closed for business in …
One of the major reasons cross border eCommerce is luring Chinese customers is: consumers in China perceive overseas goods to be higher quality and more trustworthy. The reality may be different, though. Based on the recent results of random quality inspections from Wuxi Inspection and Quarantine Bureau, 75% of the selected cross border eCommerce products are marked …
We revealed earlier that selling your foreign grocery business to China via cross border eCommerce could be the new million dollar idea. Promising as it looks, you may still wonder that: what does Chinese customer think? Are they willing to try foreign grocery products on eCommerce? The answer is Yes. “Fresh Food E-commerce in China: …
Imagine your routinely grocery business supply chain has added one more stop: China. Now, more foreign grocery supplier/wholesaler are exploring cross border eCommerce as a method of selling their products into China. Exponential growth in China The value of eCommerce sales in China is growing exponentially, especially grocery via cross border eCommerce. More precisely, …