Trial Program in Port Area to Allow Purchase from Overseas Sellers
City customs is starting a trial program at the Qianhai Bay Free Trade Port Area and will now allow online customers to purchase overseas products from certified cross border purchasing agencies more conveniently. Customers in China have a strong demand for high quality products from overseas ranging from dresses, cosmetics, baby formulas and products that has spurred good growth of overseas purchasing services.
The first transaction after the initiation of the program has a customer purchasing vitamins and liquid sugar in one of the certified e-commerce companies. The goods were valued at 699 yuan and were mailed to the customer with a 69 yuan tax and is said to receive his order in three business days. Although China’s General Administration of Customs has issued a new rule earlier in their attempt to regulate the market which took effect in August has required agencies and individuals making cross border purchases to submit the list of items and to fill out custom declarations. The administration also requires these cross border e-commerce enterprises and firms to connect with their warehouse management system to help prevent the spread of counterfeits.
A customs officer at the Qianhai Bay Free Trade Port Zone stated that certified companies are allowed to store their imported goods in the warehouse in the zone, then domestic buyers can then buy the goods online without the process of going through customs clearance procedures.
The city is one of the leaders in the country’s e-commerce market and its volume of their cross border e-commerce trade accounts of more than half of the country’s total volume. The city started its cross border e-commerce export services last year after the State Council issued a document that allowed the city to do a trial program for the import service.