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Guangzhou Promotes High-Quality Development of Cross-border E-commerce

17 September 2020



According to a circular issued by the Guangzhou Municipal Commerce Bureau on 4 September (Sui Shang Wu Han No. 731 [2020]), Guangzhou has formulated 19 measures to promote the high-quality development of cross-border e-commerce (CBEC) and speed up the fostering of new competitive advantages in trade. The following are some of these measures:

  • Optimising the business environment at ports and making concerted efforts in CBEC supervision and law-enforcement; allowing qualified CBEC retail exports to be shipped back to China without tax; striving to achieve mutual recognition of qualifications of inbound and outbound express consignment operators in different customs districts within the city area; supporting companies in unfolding CBEC B2B exports; grasping well the implementation of the policy of collecting income tax on CBEC companies on an assessment basis in the comprehensive pilot zone; and simplifying the trade in goods foreign exchange receipts and payments of small and micro CBEC firms.
  • Striving to get the green light from the state authorities concerned for approval to launch pilot projects for the CBEC retail import of healthcare products and pet food.
  • These measures will be valid for three years starting from the date of issuance of the circular.

Source: Guangzhou Municipal Commerce Bureau

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    Topics:
  • Mainland China,
  • cross-border e-commerce,
  • Belt and Road
  • Mainland China
  • Mainland China
  • Mainland China
  • Mainland China
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Article Topics

ARTICLE TOPICS

MAINLAND CHINA35607
CROSS-BORDER E-...98778
BELT AND ROAD101453

ARTICLE TOPICS

MAINLAND CHINA35607
CROSS-BORDER E-COMMERCE98778
BELT AND ROAD101453

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