Good news, Chinese Cross-border E-commerce new policy since 2019
The Chinese government has launched a new policy for cross-border e-commerce since 2019
1 Chinese can buy more from you.
The single transactions limited from 2,000RMB (around US$300) to 5000 RMB (around US$727)
Yearly transactions limited from 20000RMB(around US$ 3000 ) to 26000RMB (around US$3782)
That means for a single order. tariff exemption limited now is 5000RMB!
For example: if you are selling something with a high valuation, like a luxury bag, You can directly sell to China online now.
2 Many of the new type of products allowed to sell online directly to China.
Beer, fitness equipment, nursing electronics and many more others now allowed to sell directly to China.
3 Your biggest competitors “Cross-border buyer” has been confirmed is illegal.
“Products purchased by cross-border e-commerce cannot be sold twice”. That means the Chinese cross-border buyers are illegal. Chinese customer will have to buy from platforms or your store directly.
Summary
The Chinese government has clearly stated its attitude to support the development of cross-border e-commerce.
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