CROSS-BORDER E-COMMERCE

Social changes and Covid-19 have encouraged - if not obliged - Hong Kong businesses to move online and make use of cross-border e-commerce in order to open up the mainland market. With the health awareness of many mainland consumers having improved since the launch of the Healthy China Initiative, the ‘big health’ industry could be set to create many new opportunities for Hong Kong businesses despite the currently challenging environment. More

The General Administration of Customs (GAC) has recently issued an announcement on expanding the scope of pilots for cross-border e-commerce B2B export supervision (Announcement No. 92 [2020]). On the basis of the existing pilots, cross-border e-commerce B2B export supervision will be extended to 12 more customs districts directly under the GAC, including Shanghai, Fuzhou, Qingdao, Jinan, Wuhan, Changsha, Gongbei, Zhanjiang, Nanning, Chongqing, Chengdu and Xian, starting from 1 September 2020. More

As the standard of living rises, people are increasingly concerned with their health. The resulting consumption upgrade of traditional Chinese health supplements has advanced the development of well-established brands. Samson Chu, Managing Director of Imperial Bird’s Nest, shares his experience in running a health supplement business in the GBA, and advocates the further opening-up of the GBA market so that the benefits of consumption upgrade can be enjoyed by all. More

The General Administration of Customs issued an announcement on 12 June on matters of supervision for pilot projects of cross-border e-commerce business-to-business (B2B) export (Announcement No. 75 [2020]) to fully bring into play the positive role of cross-border e-commerce in stabilising business and securing stable employment and other aspects, and further promote the healthy and rapid development of cross-border e-commerce. More