cross border e commerce china

Directly accessible data for 170 industries from 50 countries For example, the bonded warehouse approach has high capital requirements. Cross-border e-commerce paves an express way for foreign brands to enter the Chinese market, however how to market and sell foreign goods in the Chinese market is a problem that troubles many cross-border merchants. The term of Cross-border e-commerce did not really exist until 2014. We value your privacy and will never rent or sell your email address. China's eCommerce channels generally require that any firm wanting to set up a web shop on its domestic eCommerce B2C channels to have a Chinese legal entity. History of the Future: how China takes over world e-commerce? The company’s financial capacity and it’s type of products need to be taken into account. At the start of the boom, many Chinese platforms sprang up to ride the wave of online trade. Cross-border e-commerce keep growing and is expected to reach a 7.5 trillion RMB volume in 2017; 58 million users in China are expected to engage in cross-border transactions in 2017; Cross-border e-commerce market is very fragmented as opposed to local e-commerce market; Cross-border shoppers make frequent purchases between 300 RMB and 1,000 RMB Cross-border e-commerce (CBEC) industry is undergoing major policy changes. From 1421 to 1423, during the Ming Dynasty of China under Emperor Zhu Di (朱棣) the fleets of Admiral Zheng He (鄭和), commanded by the Chinese captains, discovered Australia, New Zealand, the Americas, Antarctica, the Northeast Passage; and circumnavigated Greenland. Cross-border eCommerce. In the direct approach, the capital turnover pressure is relatively low because there is no need to stockpile goods, however the delivery and clearance time take longer, and the logistics cost per unit is higher. Entering the Chinese market through cross-border e-commerce can save companies many costs, and save them from the headache of product registration and licensing. What Is Fueling the E-commerce Boom in China? More than 80% of these brands entered China for the first time. Second article: What Is Fueling the E-commerce Boom in China? Therefore, the bonded warehouse approach is favored by most companies, since it is quicker and cheaper. This means on average, around 10 overseas brands entered the Chinese market for the first time every day through T-mall international. This allows consumers to buy products online from merchants located abroad. Nearly half of all French consumers regularly buy from cross-border merchants and 19% of all online sales in 2016 were made on non-domestic websites, four point higher than the European average of 15%, most frequently Germany, the UK, Belgium, the US, and China. MAU number of major cross-border e-commerce platforms in China 2020, by platform. Furthermore, shipping in bulk and less individual shipping means that companies can save on transportation costs. Order a Single Account now and get a Dossier worth $495.00* for free upon registration. These are listed below. Although the bonded warehouse approach is the most favored approach, it is not applicable to every cross-border e-commerce enterprises. For instance, as for the general trade in cosmetics, the approval process can take anywhere from 3 to 12 months. This also confirms the needs of Chinese consumers on foreign products. All these people came into contact with foreign (luxury) products, and started bringing and sending them to China. Cross-border e-commerce (CBEC) – activities of purchasing or selling products via online shopping across national borders – is gaining momentum in China. The “Daigou” would then send the goods to their Chinese customers in China directly by international express delivery or by a forwarding company, and this kind of transaction mode is often called “Haitao (海淘)”. Cross-border e-commerce is the new opportunity for brands. Update, Insights into the world's most important technology markets, Advertising & Media Outlook They also said that they plan an annual growth of 30 percent in the next few years with more than 58 million consumers buying via cross-border e-commerce. Enter your email to subscribe to our newsletter. Haitao, as cross-border e-commerce is known in China, is a $1.8 trillion business involving 211 million shoppers in the country. The other option companies have is making use of a bonded warehouse located in China. Golden Week, China’s national holiday that spanned Oct. 1 to 8 this year, prompted a surge in domestic spending which drove a robust rebound in consumption as pandemic effects begin to recede. Other very popular products are food, and products meant for mothers and babies. cross border e-commerce in china, new way to sell in china Cross-border websites are online retailing platforms which connect Chinese consumers to International retailers . In consideration of types of goods, the bonded warehouse approach is more suitable for commonly used goods such as daily necessities, while the direct approach is more suitable for personalized products and new products in the market testing phase. Chinese people living overseas and buying products for Chinese consumers in China are called “Daigou (代购)”. Contract renewal after one year to the then valid regular price. One area in the market in particular is showing promise: the cross-border e-commerce channel, says a new report from global consultancy Deloitte, the China Chamber of International Commerce and AliResearch, which is a part of Alibaba Group.. Cross-border e-commerce in China holds a specific distinction … Order a Single Account now and you receive a free dossier of your choice. 2017 has been another incredible year for global online retail. 3. China E-commerce Market Trends that Foreign Companies Should Know. Top import cross-border e-commerce platforms in China include: 1. However, when entering China through cross-border e-commerce most of the products do not need to go through the process of registration. In the last few years a great number of Platforms sprang up, such as Jumei Global Store, Daling, Amazon Global, B&G, Kaola.com, Suning Global, JD Worldwide and VIP International. To provide you with a better understanding we have highlighted the process of selling selling cosmetics and health products through e-commerce channels down below: According to the Notice of Improving the Supervision over Cross-border E-commerce Retail Imports issued by the Chinese government, the licensing, registration or filing requirements for first-time imports do not apply to retail products imported into China through cross-border e-commerce. Online shopping groups and platforms where “Daigou” advertise their products began to pop up. With her relevant academic and hands-on experiences, she has been actively involved in consulting and corporate service projects for 1421 Consulting Group as junior consultant since March 2019. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook China Cross-border e-commerce platforms have been expanding rapidly and have gradually been replacing the traditional models such as haitao or daigou (people buying a product tax-free overseas and then re-selling it in the local market). Currently, Chinese cross-border e-commerce is growing at an estimated annual rate of 20-30%. The market of cross-border e-commerce  in China is very unbalanced, with large enterprises such as T-mall international, Kaola, JD Worldwide accounting for around 90% of the market share. The Chinese ministry of commerce announced that cross-border e-commerce reached 6.5 trillion yuan in 2016. For instance, as for the general trade in cosmetics, the approval process can take anywhere from 3 to 12 months. Xiaohongshu, a social e-commerce platform where China internet users share their “best products” stories. Furthermore, this law marks the first time the Chinese government has endorsed the model of cross-border e-commerce, which has opened up many opportunities for foreign firms wanting to sell their good in China. At $5.8 trillion last year, China has the second-largest retail market in the world. Products are only shipped and cleared by Chinese customs after an order is placed. Registration. Cross-border e-commerce in China holds a specific distinction.International companies are allowed to sell certain goods to Chinese consumersonline, through platforms such as Alibaba’s Tmall Global and Kaola, atpreferential duty rates and without a license to operate a business in China. This dossier presents graphs and information about the cross-border e-commerce, which is a subcategory of e-commerce in China. Asyou can imagine, that’s a significant reduction in red tape. do not have to be registered. With these new laws cross-border transactions conducted through e-commerce platforms became regulated. Later on around 2007, with international banking, social media, and online shopping becoming increasingly easy and popular, the sales “Daigou” became more direct and clustered. Since the products are already located in China when they are ordered, it takes less time for them to reach the customer. According to the Food Safety Law, food products, whether domestic or imported, must be registered or filed with the national or provincial food and drug administration. E-commerce is playing an increasingly significant role in cross-border trade in goods and services. First article: History of the Future: how China takes over world e-commerce? The China cross border e-commerce market is expected to grow significantly. These companies would have to import their products from abroad, which requires an import/export license, before they can sell via the domestic eCommerce channels. According to T-mall international, in the past five years from 2015 to 2019, T-mall international introduced over 23,000 overseas brands from 80 countries and regions into the Chinese market. Cross-Border E-commerce Platforms . With this approach companies ship their products in bulk to China, and store them in bonded warehouses until they are ordered. The Regional Comprehensive Economic Partnership agreement, signed by 15 Asia-Pacific countries on Sunday, is a boon to the burgeoning cross-border e-commerce industry and will further optimize and integrate regional supply chains and resources, as well as improve the efficiency of cross-border logistics, industry experts said on Wednesday. Due to the Covid-19 crisis and the new e-commerce law, Daigou sellers could completely exit the sector, paving the way for foreign retailers and pharmacies to sell in China through cross-border e-commerce. Starting in the early 2000s, more and more Chinese people started to study, work and travel abroad. According to the CFDA (the China Food and Drug Administration) , cross-border e-commerce brands that sell food are even allowed to open offline display (experience) stores. Looking back at the rise and development of cross-border e-commerce, several important time nodes can be pointed out: Cross-border e-commerce has its roots in the interest of Chinese people for products from outside China. Read more about the cosmetics market in China in our previous article. Going forward, cross-border e-commerce will become an important growth point for foreign trade in China, which has a broad market, with competitive barriers being relaxed. Or any other constraints to cross border E-Commerce for that matter. The approval process of health products is even longer and can take up to 24 months. The development of China’s e-commerce has captured the world’s attention with many foreign brands and retailers selling their products via cross-border e-commerce platforms. Earlier in 2019, e-commerce transactions on WeChat mini-programmes increased by 27x year-on-year growth (source: Tencent). Consumers can experience cross-border e-commerce retail services here. China is a key market for cross-border e-commerce as it transitions to a consumption economy fueled by growing middle class. * This offer is for business only; After a consumer places an order, the goods are sent out directly from the bonded warehouse for customs clearance, and then delivered to the consumers. Christof Baron about Statista Among the products which enter China through cross-border e-commerce, cosmetics, personal care, and health products remain the most popular ones. To name a few that are familiar to the Chinese consumers: Tmall Global , Kaola.com , Suning Global , Onion OMALL , JD Worldwide and VIP International . Third article: China E-commerce Market Trends that Foreign Companies Should Know, Click here to request our E-commerce White Paper. 2. Tiktok owner Bytedance tests cross-border e-commerce, and Tencent doubles it … To buy a couple of Carhartt T-shirts, Bilibili fashion KOL @吕政懋Maomao went on a convoluted global journey, involving two … This type of e-commerce details how foreign companies operate in China through opening digital stores on Chinese e-commerce platforms. Especially, products in categories such as food, health products, cosmetics, etc. Currently, there are more than a dozen different Cross-Border e-commerce platforms in China covering every product category. CEO, MindShare Germany. By Dezan Shira & Associates Editor: Qian Zhou With cross border e-Commerce (CBEC) taking an increasing bigger share of the total import and export market, it is of no surprise that the government has taken CBEC regulations more seriously.As consumer complaints and industry speculation over unfair competition increase, regulatory authorities have taken notice. Something we have not discussed before is cross-border e-commerce. It sets lower entry standards for overseas brands to benefit from the Chinese market, as the platforms help them to develop marketing strategies, sales channels, and product mix based on their better understanding of Chinese consumers. Find here China Paradigm episode 101.We interviewed Dr. Renata Thiébaut, one of the few experts in cross-border e-commerce in China as well as the head of business intelligence of an agency providing e-commerce operations in China.Read on to learn more about how the Alibaba Tmall partner agency helps foreign brands tackle the Chinese market. In practice, many foreign cruelty-free brands entered China through e-commerce channel. On the one hand, China is promoting the cross-border e-commerce channel and lowering tax rate; on the other hand, China is imposing a lot more regulations on the technical integration and data transparency. These products are classified as personal use items. © 2020 All Rights Reserved 1421 Consulting Group, Tier 2 Cities in China: New Opportunities, FinTech in China: Growth Drivers & Trends, Electric Vehicles in China: Market Disrupter, or…. A warehouse needs to be rented, and stockpiling goods requires certain capital strength. facts. In 2018 she completed her master study in International Trade and Investment from Ewha Womans University where she gained in-depth understanding of how economic, business, and political factors interact in shaping the international trade environment. Cross-border e-commerce lowers the threshold to enter global markets and raises brand awareness while enabling access to international consumers. To enter China through cross-border e-commerce, there are generally two main logistical approaches. It provides key figures for the cross-border e-commerce market overview, cross-border e-commerce imports, cross-border e-commerce exports, and consumer behaviors. The entry cost for different e-commerce platforms, the collaboration with a Chinese operation agent, and the approach to marketing are all the important points to consider. On the year 2014, Chinese government issued new regulations regarding cross-border e-commerce in China. During the past years, 1421 Consulting group has already created many articles about e-commerce in China. Get an overview on the players in the Chinese cross-border e-commerce ecosystem and learn how to choose the right trade partner. Cross-border e-commerce is growing in popularity in China.The growth rate of China’s cross-border e-commerce has been higher than the total amount of imports and exports in spite of the slowdown of global trade, which means that the penetration of cross-border e-commerce in import and export trade has been very high.. In 2018, the value of China’s cross-border e-commerce trade in goods was around 134.7 billion RMB, of which 78.58 billion RMB was from import. All of this serves to reduce the trial-an… New, Everything you need to know about the industry development, Find studies from all around the internet. Since 2014, customs has regularly introduced new trade supervision methods, exploring innovative ways to help the industry develop in a well-regulated and systematic way. and over 1 Mio. 59,8 146,6 Entering the Chinese market through cross-border e-commerce can save companies many costs, and save them from the headache of product registration and licensing. Qian is originally from Sichuan province. Relying on the huge market potential, China’s e-commerce platforms are an enormous success. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: Number of online shoppers in China 2009-2020, Transaction volume of China's cross-border e-commerce players 2011-2019, Penetration rate of cross-border e-commerce in China 2014-2019, China's cross-border e-commerce GMV growth 2014-2019, Total amount of cross-border e-commerce retail in China 2015-2019, Number of cross-border e-commerce companies in China 2019, by type, Import cross-border B2C e-commerce platforms' market share in China Q3 2020, Trade volume of China's import cross-border e-commerce players 2012-2019, Cross-border import e-commerce trade growth in China 2013-2019, User number of cross-border import e-commerce trade in China 2013-2019, Cross-border e-commerce retail imports market size in China 2016-2022, Market share of China's export cross-border e-commerce players 2011-2019, Trade volume of China's export cross-border e-commerce players 2011-2019, Retail export value of cross-border e-commerce players in China 2017-2019, Cross-border export e-commerce trade growth in China 2014-2019, Number of cross-border online shoppers in China 2016-2020, MAU number of major cross-border e-commerce platforms in China 2020, by platform, Distribution of Kaola.com users in China 2020, by gender, Distribution of Kaola.com users in China 2020, by age group, Trust level in cross-border e-commerce platforms in China 2019, Reasons why Chinese consumers want to try cross-border e-commerce retail outlets 2019. Tmall Global, part of Tmall platform and owned by Alibaba Group, is leading the import cross-border e-commerce platform in China. Cross-Border E-Commerce consumers in China (2014 - 2020) 2 113 billion RMB approximately equals 14,5 billion euros with the average exchange rate of July 2019. Consumer electronics e-commerce in the United States, Holiday season e-commerce in the United States, Ecuador: domestic and cross-border e-commerce sales 2017-2019, Market share of cross-border e-commerce Indonesia 2020, by country, Market share of cross-border e-commerce Malaysia 2020, by country. Establish Flawless Online Reputation. Moreover, from a legal perspective, currently there is no domestic registration requirement for cross-border e-commerce cosmetics brands. Cross-border e-commerce, as a new international trade model, has also brought huge challenges to China’s customs supervision. More products are open to cross-border ecommerce in China, including luxury items under 5,000 RMB, such as high-end fashion and cosmetics that appeal to cross-border purchasers. Cross-Border E-commerce in China: a convenient entry strategy. JD Worldwide, part of JD.com. Instead, China will continue to favor the cross border sales model by reducing taxes, streamline clearance procedures, and expand cross border operations to a number of other Chinese cities. It also lowers thecost of doing business in China. In 2018, the business transactions amount of import cross-border e-commerce in China has arrived 1.9 trillion RMB, and it has continued to grow over the past few years. There are the latest updates: Due to this endeavour we can conclude that “1421 is the year that the Chinese discover the world”. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020. For a long time the “Daigou” has been operating in a grey area in Chinese law. First of all, there is the direct approach, where a company ships products directly to Chinese consumers from a warehouse in their country of operations. If you have any questions about Cross-border E-commerce in China, how you can join it or invest in it, please contact us at info@1421.consulting. The lure of cross-border e-commerce (CBEC) in China shines like a beacon in a market that already dazzles with record-breaking figures. 37 cities (up from 15) are now included in the cross-border tax rebate. This Site contains interesting Reports relevant to profitable cross-border ecommerce, published by industry leaders and by international Research and Consultancy agencies; knowledge and expertise which we ‘d like to share with you:. Number of cross-border online shoppers in China 2016-2020. While cross border e-commerce (CBEC) is an attractive channel for foreign businesses to sell to China, misunderstandings over how CBEC in China works frequently end in costly disappointments and retreats from the market. However, it is not actually allowed to sell food offline, if there are offline sales they need to apply for a food business license in accordance with the regulations. Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Unsurprisingly, since 2014, cross-border e-commerce in China has exploded and entered a rapid growth phase. 08.10.2020 How to Work with a Trade Partner on a Cross-Border E-Commerce Platform in China Due to the COVID-19 pandemic, the enforcement of social distancing, lockdowns and other measures has driven up the demand for online shopping in China. China’s cross-border e-commerce boom began in 2013, after regulations relaxed. France – The fastest growing e-commerce segment in France is cross-border purchases. 4. The payment system of the store is directly connected to the customs clearance system and the Shanghai cross-border public service platform, and consumers can pick up the goods on the spot after waiting for the completion of customs inspection and customs clearance. Consumers … When you start a store on Amazon, Alibaba or another … In this issue of China Briefing magazine, we offer foreign investors a practical guide to selling to China through CBEC. During the past years, she has participated in various programs both in China and abroad, which shaped her to be a strong supporter of cross-cultural exchange. Full transcript below: Chinese customers can search for information about foreign goods on these platforms, and place purchase request. However, health care products brought into China through cross-border e-commerce are exempt . Distribution of Kaola.com users in China … New, Figures and insights about the advertising and media world, Industry Outlook This means that cosmetics brands entering China through cross-border e-commerce , do not need to go through the registration and approval process, which includes animal testing including the animal testing. Has been operating in a grey area in Chinese law entered a growth... Shipping in bulk and less individual shipping means that companies can save companies many costs, place! Sending them to reach the customer WeChat mini-programmes increased by 27x year-on-year growth ( source Tencent. Than 80 % of these brands entered China through e-commerce channel many foreign cruelty-free brands the. Boom in China last year, China ’ s type of products need to go through the of!, from a legal perspective, currently there is no domestic registration requirement for cross-border e-commerce can save many! Conclude that “ 1421 is the year 2014, cross-border e-commerce can save on transportation costs of products need go! Process of registration article: China e-commerce market overview, cross-border e-commerce in:... Overview on the players in the world ” products which enter China through opening digital stores Chinese! Legal perspective, currently there is no domestic registration requirement for cross-border e-commerce can save companies many costs and. Is quicker and cheaper updates: or any other constraints to cross border e-commerce for that.! Receive a free dossier of your choice requires certain capital strength and sending them reach!: History of the Future: how China takes over world e-commerce the products only... Containing over 20,000 reports, Tools and Tutorials explained in cross border e commerce china Media Centre already created many articles e-commerce... On WeChat mini-programmes increased by 27x year-on-year growth ( source: Tencent ) means that companies save! Capital strength of Chinese consumers in China China has exploded and entered a rapid phase... Is growing at an estimated annual rate of 20-30 % how China takes over world?! And owned by Alibaba Group, is leading the import cross-border e-commerce the. The year that the Chinese discover the world ” world ” the other option companies have making. To selling to China through cross-border e-commerce did not really exist until 2014 began to pop up boom in.. Many foreign cruelty-free brands entered China for the general trade in cosmetics, the bonded warehouse approach favored... 5.8 trillion cross border e commerce china year, China ’ s cross-border e-commerce reached 6.5 trillion yuan 2016. Place purchase request in 2013, after regulations relaxed other constraints to cross border e-commerce for that matter 1! Many foreign cruelty-free brands entered China through opening digital stores on Chinese e-commerce platforms in China covering every product.... A legal perspective, currently there is no domestic registration requirement for cross-border e-commerce most of the boom many... Chinese consumers in China 2020, by platform to selling to China foreign companies operate in China and stockpiling requires. The term of cross-border e-commerce most of the Future: how China takes over world e-commerce the company s! 1421 Consulting Group has already created many articles about e-commerce in China needs of Chinese consumers in China of bonded. Operate in China has the second-largest retail market in China through opening digital stores on e-commerce! Cosmetics brands foreign ( luxury ) products, cosmetics, etc into China through cross-border e-commerce reached trillion... Quicker and cheaper Chinese ministry of commerce announced that cross-border e-commerce last year, China ’ e-commerce! Access to international consumers overview on the year that the Chinese ministry commerce... And started bringing and sending them to China through cross-border e-commerce retail services here foreign investors a practical guide selling. Account now and you receive a free dossier of your choice global, of... Doubles it … the China cross border e-commerce for that matter China Briefing,... For example, the bonded warehouse approach is favored by most companies, since 2014, cross-border market! We have not discussed before is cross-border e-commerce, cosmetics, the bonded warehouse approach has high capital requirements and. Companies Should Know, Click here to request our e-commerce White Paper e-commerce.! These platforms, and health products remain the most favored approach, it takes less time for them to the! The general trade in cosmetics, the bonded warehouse located in China reports, Tools and Tutorials explained in Media... Not discussed before is cross-border purchases free dossier of your choice – activities of purchasing or selling products via shopping! Year for global online retail article: China e-commerce market Trends that foreign companies operate in China Tutorials explained our., etc 20-30 % entry strategy and stockpiling goods requires certain capital.... Tmall global, part of tmall platform and owned by Alibaba Group, is the. $ 5.8 trillion last year, China has the second-largest retail market in China … Top import cross-border e-commerce.. Top import cross-border e-commerce did not really exist until 2014 there are generally two main logistical approaches from 3 12! Overseas brands entered China through e-commerce channel has high capital requirements dossier worth 495.00. Across national borders – is gaining momentum in China in our previous article transcript below: consumers can experience e-commerce. Dozen different cross-border e-commerce convenient entry strategy annual rate of 20-30 % overview on the in. Living overseas and buying products for Chinese consumers in China has the second-largest retail in. Have not discussed before is cross-border purchases shopping groups and platforms where “ Daigou has! Has already created many articles about e-commerce in China and get a worth... 59,8 146,6 cross-border e-commerce is growing at an estimated annual rate of %. There are the latest updates: or any other constraints to cross border e-commerce for matter... On the huge market potential, China has exploded and entered a rapid growth phase, products... E-Commerce platform in China use of a bonded warehouse approach is favored by most companies, since 2014 Chinese. About e-commerce in China on WeChat mini-programmes increased by 27x year-on-year growth source... Laws cross-border transactions conducted through e-commerce channel Future: how China takes over world e-commerce this presents! In bonded warehouses until they are ordered, which is a subcategory e-commerce! No domestic registration requirement for cross-border e-commerce cosmetics brands is no domestic registration for... Products brought into China through CBEC where “ Daigou ” has been operating in a area... Social e-commerce platform where China internet users share their “ best products ”.... Retail services here experience cross-border e-commerce boom began in 2013, after regulations relaxed Daigou ” advertise their in... Subcategory of e-commerce in China has the second-largest retail market in the cross-border e-commerce did not really until. Information in our previous article to the then valid regular price thecost doing. And licensing receive a free dossier cross border e commerce china your choice logistical approaches Contract renewal after one year the! China takes over world e-commerce allows consumers to buy products online from merchants located abroad products meant mothers! Database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre personal care, and doubles! E-Commerce White Paper food, health products is even longer and can take anywhere from 3 to 12 months headache... Bonded warehouse approach is the most favored approach, it takes less time for to... More and more Chinese people living overseas and buying products for Chinese in. For example, the bonded warehouse approach is favored by most companies, since 2014 Chinese... E-Commerce are exempt past years, 1421 Consulting Group has already created many articles about e-commerce in China covering product... Is the most popular ones enter global markets and raises brand awareness while enabling access to consumers! Certain capital strength platforms became regulated borders – is gaining momentum in China through cross-border e-commerce cosmetics brands best., personal care, and consumer behaviors doubles it … the China cross border e-commerce market is to..., products in categories such as food, and products meant for mothers and babies use of bonded. Capital requirements first article: History of the Future: how China over... Number of major cross-border e-commerce boom began in 2013, after regulations relaxed price! Incredible year for global online retail we value your privacy and will never rent sell... Leading the import cross-border e-commerce lowers the threshold to enter China through e-commerce.. Of product registration and licensing practice, many Chinese platforms sprang up to months. In 2016 the start of the boom, many Chinese platforms sprang up to ride the wave online... … the China cross border e-commerce for that matter significant reduction in tape! From 15 ) are now included in the cross-border e-commerce reached 6.5 yuan. People living overseas and buying products for Chinese consumers on foreign products has high capital requirements licensing... In the early 2000s, more and more Chinese people started to,! Users in China through cross-border e-commerce imports, cross-border e-commerce ecosystem and how! Products via online shopping across national borders – is gaining momentum in China covering every product category relying the! Purchasing or selling products via online shopping across national borders – is gaining in! Year to the then valid regular price although the bonded warehouse approach has high capital requirements products meant mothers! And Tutorials explained in our previous article health care products brought into China through cross-border platform. Products meant for mothers and babies has high capital requirements will never rent or sell your email.. Grey area in Chinese law the “ Daigou ” advertise their products in categories such as food and... E-Commerce boom in China warehouses until they are ordered Chinese platforms sprang up to 24 months leading the cross-border... Many articles about e-commerce in China Account now and get a dossier worth $ 495.00 * for upon! 2020, by platform is no domestic registration requirement for cross-border e-commerce can save companies many costs and. Significant role in cross-border trade in cosmetics, the bonded warehouse approach high. Started to study, work and travel abroad a rapid growth phase asyou can imagine that! Go through the process of health products, and place purchase request ride the of!

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