On December 24, 2019 The State Council approved the establishment of “Pilot Cross-Border E-Commerce Zones” in 24 new Chinese cities.
Those cities are the following: Shijiazhuang, Taiyuan, Chifeng, Fushun, Hunchun, Suifenhe, Xuzhou, Nantong, Wenzhou, Shaoxing, Wuhu, Fuzhou, Quanzhou, Ganzhou, Jinan, Yantai, Luoyang, Huangshi, Yueyang, Shantong, Foshan, Luzhou, Haidong, and Yinchuan.
According to the approval, these new pilot zones should replicate and promote successful practices adopted by the existing three batches of e-commerce pilot zones, and further achieve the following:
- introduce exemptions on value-added tax and consumption tax for retail and exported goods;
- actively explore business opportunities and innovate;
- promote industrial transformation and its upgrading;
- brand building;
- promote international trade liberalization;
- facilitation and industry innovation;
- promote the healthy development of cross-border e-commerce throughout the country;
- explore new experiences and new practices; and
- promote a high-quality trade development.
Details about how to establish and operate these cross-border e-commerce zones shall be worked out by the respective provincial governments
Useful link:
MINISTRY OF COMMERCE OF THE PEOPLE’S REPUBLIC OF CHINA
