国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Industries

Opinion divided over new tax regulations for cross-border e-commerce

By Wang Ying (China Daily) Updated: 2016-05-30 08:20

The new taxation rules for goods bought through cross-border e-commerce platforms that became effective on April 8 have drawn mixed responses from players in the sector.

According to the new rules, retail goods purchased online from outside of China will no longer be treated as personal postal articles but imported goods, which are subjected to tariffs, import VAT and consumption tax.

In addition, any single transaction exceeding 2,000 yuan, or an individual who spends more than 20,000 yuan a year, will be charged the full tax for general trade on top of that.

Ben Cavender, principal of China Market Research Group, believes that online platforms that have hit critical mass in user numbers will still do well.

However, he noted that they now have to contend with the fact that it will be difficult to attract more users as the products sold on cross-border e-commerce platforms are no longer significantly cheaper than those in physical stores.

The new tax policy, which aims to level the playing field between e-commerce platforms and traditional retailers and importers, will apply to the 1,293 products in the list issued by the Ministry of Finance.

"We believe the new taxation policy will be good for the standardization and health of the cross-border e-commerce scene, and it will provide companies like Amazon a better and more transparent market environment," said Amazon.cn, the Chinese branch of the US e-commerce company, in a statement to China Daily.

Xu Shan, the general manager of Ningbo-based cross-border e-commerce company taotaoyang.com, did not share the same sentiment.

"Within the first week of the policy taking effect, many e-commerce companies saw their revenue shrink to 30 percent compared to last year's. It would have been better if companies were given between three and six months to prepare for this," said Xu.

According to China's Ministry of Commerce, the country's cross-border e-commerce trading is projected to reach 6.5 trillion yuan this year and will grow at an annual rate of more than 30 percent, accounting for 20 percent of China's total imports and exports trade volume in the next few years.

Shi Xiaofeng in Zhejiang contributed to the story.

Hot Topics

Editor's Picks
...
龙川县| 芜湖市| 大英县| 五家渠市| 克山县| 石楼县| 沙田区| 囊谦县| 安多县| 武冈市| 盐城市| 怀柔区| 文山县| 封丘县| 平定县| 镇雄县| 遂川县| 军事| 沾益县| 莱阳市| 兰坪| 石首市| 津南区| 金川县| 农安县| 纳雍县| 江都市| 亚东县| 桦甸市| 望城县| 清河县| 禹州市| 山丹县| 河间市| 太康县| 南投市| 安庆市| 大邑县| 隆林| 龙海市| 凤山县|