29 new commodity tax items added, cross-border e-commerce preferential policies further enriched

Against the backdrop of the intermittent epidemic, in order to boost the cross-border e-commerce industry, the Chinese government has further adjusted and optimized the list of cross-border e-commerce retail import goods to add more goods, enrich the choice space in the domestic market , and meet the growing consumer demand.

According to a notice released on the Ministry of Finance's official website on Monday , starting from March 1, 2022 , a total of 29 commodity tax items including ski equipment, tomato juice and golf equipment will be added to the list , while one commodity tax item, swords, will be deleted .

Gao Lingyun, an expert from the Chinese Academy of Social Sciences , said that the products included in the list are all products with strong consumer demand in recent years, and it is expected to be more convenient and affordable for people to buy these products through cross-border e-commerce channels. This will not only help enrich the domestic market supply and better meet consumers' yearning for a better life, but also help promote countries to share the opportunities of the Chinese market.

The cross-border e-commerce retail import list implements positive list management . Since its release in 2016, the list has undergone many adjustments, the number of items has continued to increase, and the categories are becoming richer.

In recent years, China has stepped up efforts to create a favorable environment for the development of cross-border e-commerce by implementing preferential policies . As more commodities are included in the cross-border e-commerce retail import list, the country has further expanded the scope of the cross-border e-commerce retail import pilot zone .

In early February this year , the State Council issued a statement approving the establishment of more cross-border e-commerce pilot zones in 27 cities and regions , including Ordos in northern China 's Inner Mongolia Autonomous Region and Yangzhou in eastern China 's Jiangsu Province, bringing the total number of pilot zones nationwide to 132, covering almost all provincial-level regions from coastal cities to inland areas.

According to official data, China's cross-border e-commerce imports and exports increased by 15% year-on-year in 2021 to 1.98 trillion yuan (US$312.6 billion), and the relevant pilot zones played an important role in stimulating import and export growth.

import

policy

Cross-border e-commerce market