In 2018, China announced a series of new regulations which are designed to improve the regulatory framework of Cross Border E-Commerce (hereafter CBEC) retail imports and promote the development of this sector. These regulations with effectiveness on 1st of January 2019 have clarified the general supervisory principle for CBEC retail imports, expanded the qualified CBEC retail import system, adjusted tax policies and enhanced the CBEC import supervision system.
@ S-GE | August 26, 2019