The products are only cleared by the customs and CIQ when leaving the bonded area and shipped to the end-customer in China. When sales volumes start to pick up, you can move to a more sustainable and long-term model, such as using a bonded warehouse or a Hong Kong fulfillment center. In short, you send the products in bulk shipments to Hong Kong where a 3PL company helps you with the inbound, storage, pick & pack, and shipping to end-customers in mainland China. It’s one of the biggest cross-border eCommerce platforms, but with lower entry requirements and fees compared to Tmall Global. Your email address will not be published. Are you interested in testing our corporate solutions? The transactions of cross-border e-commerce in China reached US$1.22 trillion in 2017, with an increase of 20% from 2016 (US$1.01 trillion). China has faced issues with counterfeit goods and quality issues. Interestingly, Tmall Global was established as an alternative for sellers of branded products on Taobao, China’s biggest local eCommerce website. This sector mainly focuses on import e-commerce targeting Chinese consumers. Published by Yihan Ma, Sep 17, 2020 In 2019, the total export value of the cross-border e-commerce players in China amounted to about 94.4 billion … Below I’ve made a summary of both the pros and cons when using a Hong Kong-based fulfillment center compared to a bonded warehouse in China: Your third option is to use a bonded warehouse in one of China’s Free Trade Zones. Even if the physical distribution of products is different you’ll also notice differences in tax payments, what information that’s required from buyers, and more. Please contact us to get started with full access to dossiers, forecasts, studies and international data. 29012990 . Export cross-border e-commerce analysis. Please authenticate by going to "My account" → "Administration". This statistic shows the trade volume market share of China's export cross-border e-commerce players from 2011 to 2019. Cross-Border E-Commerce Trade. Feel free to book a consultation call or use the many free resources on this website. It’s not strange, as customers request short delivery times at the same time as logistics costs can eliminate much of your profits. You need a Single Account for unlimited access. Please create an employee account to be able to mark statistics as favorites. "Retail Trade Value of Cross-border E-commerce Export Business in China from 2017 to 2019 (in Billion Yuan). As a Premium user you get access to background information and details about the release of this statistic. facts. You can. You’ll also experience strict inventory records and you can be charged for small discrepancies. Bonded warehouses are physically located within China’s borders and allow companies to import, manufacture, process, or export products back overseas without the need of paying taxes or register with local authorities. In 2018, China’s online retail transactions reached $1.33 trillion and are forecasted to reach $1.99 trillion by the end of 2019. You only have access to basic statistics. Starting from Tuesday, 12 directly subordinated institutions of China's General Administration of Customs, including the Chongqing Customs, have been added to a pilot list for conducting cross-border e-commerce B2B export supervision. The transactions of export e-commerce totaled US$0.84 trillion in 2016, up 22.49% from last year, and reached … In 2015, cross-border e-commerce turnover surged to 5.4 trillion yuan, which is a year-on-year increase of 28.6%. As a result, it has introduced and updated several regulations for cross-border trade since 2019. Thus, selling cross-border is a perfect opportunity for brands that want to enter the Chinese market quickly and perhaps try it out first. FedEx Express has recently upgraded its cross-border e-commerce export services in South China. July 1, 2020 Posted by China Briefing Written by Zoey Zhang Reading Time: 9 minutes. In 2017, e-commerce amounted to 6.3 trillion yuan, accounting for more than 78% of … Currently, Chinese cross-border e-commerce is growing at an estimated annual rate of 20-30%. Regulations when Selling Cross-Border in China, Cross-Border eCommerce Marketplaces in China, The Cross-border E-commerce Retail Imports Regulation (“The Circular”), The Notice of Improving the Tax Policy of Cross-border E-commerce Retail Imports Regulation (“The Notice”), The Goods List of Cross-border E-commerce Retail Imports Regulation (“Goods List”), The products must be included in the “Goods List”, for personal use, and fulfill the conditions for the application of the relevant tax policy, The customs must be able to cross-check the transactional, payment, or logistics electronic information for products sold through cross-border eCommerce platforms, Cross-border express delivery or postal services must provide the transactional, payment and other electronic information of the products to the customs when needed, Foreign companies must have a responsible agent that has an entity registered in China. significant growth. Things didn’t turn out according to plans and cross-border sellers from all over the world use Kaola to reach the Chinese consumer market. In, Forward Intelligence (Qianzhan). Kaola has the biggest cross-border market share in China, but also a somewhat different business model compared to Tmall Global and JD Worldwide. A paid subscription is required for full access. Worth mentioning is that the website focuses on food and beverages, but you can find many kinds of products here. In 2018, the number of digital buyers in China surpassed 560 million with the total number projected to reach 634 million in 2020. New, Everything you need to know about the industry development, Find studies from all around the internet. First, let’s have a look at what cross border E-Commerce means practically and in terms of shipping. Tariff Code . China is decisively accelerating international trade through cross-border e-commerce. 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 Register in seconds and access exclusive features. China is the world’s largest eCommerce market with over 50% of global eCommerce transactions coming from China. Kaola was launched by NetEase in 2015 with a purpose to increase imports from Australia, thereby its name. The clear benefits of using bonded warehouses are that it’s cheaper and delivery times shorter. European Expansion. It’s equivalent to WhatsApp, but over the years it’s evolved into something bigger. Your email address will not be published. Export2Asia.com has been quoted or mentioned in, Export2Asia was an incredible resource as we looked to expand our merchandise sales overseas, Export2Asia provided us with a understanding on how to undertake our expansion in China, Export2Asia Business package is worth every Dollar, Free Webinar: How to Sell Online Competition is strong and so China Post has introduced measures to ensure that EMS continues to grow and meet e-commerce needs. Market share of China's export cross-border e-commerce players 2011-2019 Preferred e-commerce type among different age groups in China Q2 2017 Number of cross-border online shoppers in China … Is gaining momentum in China: a Guide for Australian business 2019 exceeded 8 trillion RMB other china cross border e commerce export! Directly from sellers overseas what cross border e-commerce is largely based on exports, from! 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