China: China Announces Draft Rules on Cross-Border E-Commerce

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Online retail sales hit $250 billion, about 11.4% of total retail sales in China. The number of online shoppers rose 19.1% to 417 million. Cross-border e-commerce is the hotpot in the industry. Crossborder e-commerce is a direct business to consumer sale from overseas at reduced duties, without Chinese-language labels, and with reduced inspection requirements. As such, cross-border ecommerce has offered new-to-market companies a relatively easy entry to the Chinese market. In 2014, the total cross-border e-commerce transactions were $60 million, an increase of one-third over 2013. The increase in 2015 is expected to be higher yet.

China: China Announces Draft Rules on Cross-Border E-Commerce

Exporting, Regulations & Requirements
East Asia and the Pacific, China

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