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E-Commerce Clearance toward Import Business
Post Time:06/02/2017 Browse Number:

  A few days ago, Qiu Hongjun, General Manager of Jinhua City Cross-Border E-Commerce Development Co., Ltd. paid another visit to Dongyang Rosewood Furniture City to negotiate with directors of some rosewood companies to establish a rosewood processing and selling platform in the Jinyi New Urban District.

       In the past, the Custom Clearance of Cross-Border E-Commerce, also known as Cross-Border Clearance (CC), had only dealt with cross-border export business. From July 1, 2014, when the CC was launched, to the end of 2016, 26.4 million overseas shipments to 172 countries were recorded, registering 210 million USD of foreign exchange earnings. The achievements shown by these figures is a milestone in the process of Jinhua’s cross-border e-commerce development. This year, the CC will march into import business, whose emphasis will be on building a timber (rosewood) processing and selling platform. This platform will be a brand new chapter in the import business.

  Throughout 2016, Jinhua’s cross-border export business benefited greatly from the CC. The one-stop service of clearance, logistics, foreign exchange settlement, tax rebate, and the “immediate declaration, inspection, and customs release” policy greatly favored the cross-border e-commerce companies in the area.

       For a long time, the transportation of the CC export goods mainly used express delivery services like EMS, ePacket, and International Parcel. This year the Commercial Road will be a new goods delivery channel that the CC intends to exploit. The Commercial Road was not used for export goods delivery in the past due to various restrictions. “Last year, we negotiated with relevant officials at Urumqi Economic and Technological Development Zone, Xinjiang, and personnel at Xinjiang Post a couple of times. We hope to build a new Commercial Road cooperative team. The New Commercial Road will be based in Xinjiang Post Cross-Border Logistic Park, and we will deliver goods mainly through railway transportation. We hope the New Commercial Road will provide high-efficiency and low-cost cross-border logistic services,” said Qiu Hongjun.

  In 2017, the Jinhua CC has quite a few plans, including: to expand cross-border e-commerce import business by taking advantage of the Jinyi Comprehensive Free Trade Area; to fortify the port function to guarantee sufficient container throughput in the Area; and to jointly operate the Postal Service Demonstration Park with China Post. The most important plan of all is to establish the import and export timber (rosewood) processing and selling platform.

  Early in 2014, the first time the Thailand Government Trade and Economic Delegation of small and medium enterprises inspected the Jinyi New Urban District, they had intentions of seeking cooperation with companies in the Dongyang rosewood processing and selling market. They suggested supplying Jinhua’s rosewood companies with top grade red sandalwood and ebony. This strategic consensus between Thailand and Dongyang is likely to be realized this year.

  Companies in Jinhua will establish rosewood processing companies in the Jinyi Comprehensive Free Trade Area and set up an online semi-finished products transaction platform so that consumers both at home and abroad can get access to their products. In addition, if products are exported or are sold to companies within the Jinyi Comprehensive Free Trade Area, value-added tax and consumption tax will be exempted; if goods are exported from the Comprehensive Free Trade Area, export tariffs will be exempted; if goods are sold in the domestic market, preferential duty will be provided. (By Sun Mengting, translated by Pu Yanli, edited by Kendra Fiddler)

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