Expand GB standards Collapse GB standards . The central government did not lower consumption tax, which means consumers still have to pay consumption tax on imported cosmetics and jewellery purchased through CBEC platforms. In practice, this represents a reduction in the number of products that can now be sold via CBEC. That is to say, in the past 5 years, an average of 10 overseas brands enter the Chinese market for the first time through Tmall.HK per day. How does CBEC work? Finally, the handbook reaches out to those companies determined to concretise their business plans by providing a comprehensive list of (Dutch) third-party Profit Repatriation from China: Compliance Procedures for Outbound Payments. At the same time, Tmall has upgraded the scale and service capabilities of Tmall Partners (TP) to help more overseas premium brands accelerate their entry into the Chinese market through CBEC platforms. These policies will be extended to another 63 tax categories of high-demand goods. On April 7, 2016, 11 ministries and commissions of China including CFDA, AQSIQ, MOA, GAC, etc.  Many industry practitioners believe that the positive list for CBEC imported goods is not inclusive enough as it covers only 1,142 types of product categories. purchased by CBEC shoppers on CBEC platforms during March 2017 to March 2018. NEW TAX SCHEME: POSTAL TAX Prior to April 8th ‘16 OLD Tax tiers. The 1049 brands on the list will enjoy fast entry through openshop.tmall.hk. Animal and plant products prohibited from being carried or mailed into China (This is also known as the ‘Negative List') 16/5/2019. The hidden growth driver: China’s industrial aftermarket-services sector. Moreover, products must comply with the tax policy related to imported goods to be eligible for import through the cross-border e-commerce method. To export your products in China, you’ll get 3 different choices. Positive List: The List of Commodities Importing through Cross-Border E-Commerce Retail (“Positive List”) provides a list of products which can be sold through CBEC model. So far, goods included in the CBEC retail imports list have enjoyed zero tariffs within a set quota, and had their import VAT and consumer tax collected at 70% of the statutory taxable amount. The government did not lower consumption tax, which means consumers still have to pay for consumption tax on CBEC imported products including high-end skincare and cosmetics (15%), fine jewelry (10%) and red wine (10%). On the first day of 2020, Cross Border E-Commerce (hereafter CBEC) has welcomed benefits due to the implementation of a new policy. However, consumer demand for overseas pharmaceutical products has been very strong in recent years. must be subject to import approval in accordance with relevant national laws and regulations. How does the shipping work? For goods on the positive list ordered via CBEC platforms, the VAT payable by domestic consumers was cut from 11.2% to 9.1%. Longer Positive List, no registration/filing required It is decided on the meeting that 63 commodities in high demand will present on the list. The new allowed categories notably include sparkling wine, beer, health care products, and fitness equipment. NOT affected by new CBEC taxation and positive list, but new postal tax rule A bit lower effective for Custom clearance (according to the Custom daily routine) FU N. G. New CBEC Taxation. The Chinese Government also released the “List of Imported Commodities for CBEC Retail”. The update of the Positive List of CBEC imports means that the above new products will not be required for the first import license, which greatly speeds up customs clearance process (It only takes a few minutes to go through customs clearance with the new policy), meaning that the products will enter into the Chinese market in a more speedy and efficient way. Positive List On 7 April, 2016, 11 government authorities, including the Ministry of Finance, National Development and Reform Commission, Ministry of Industry and Information Technology, Ministry of Commerce, General Administration of Customs and State Administration of Taxation, jointly released a positive list for CBEC imported goods. only goods that are on the “List of Retail imported Commodities via CBEC” are eligible to be imported via CBEC. It included 1142 HS codes, meaning that any product not included in the list is not allowed to be imported using this channel. The positive list is expected to continue to expand as the government improves the CBEC regulatory system and domestic consumer demand grows. There have also been new breakthroughs in pharmaceutical CBEC. EC LINKER allies partnership with many TPs in China. For the purpose of promoting the sound development of retail imports in CBEC, the List of CBEC Retail Imports (2019 version) (also known as “Positive List”) came into force on January 1, 2020 in China. 2.Food imported Via CBEC Should Be On The “Positive List” On April 6, 2016, 11 government authorities, including the General Administration of Customs, jointly released a positive list for CBEC imported goods. It included 1142 HS codes, meaning that any product not included in the list is not allowed to be imported using this channel. China cross-border e-commerce (CBEC) retail imports list (This is also known as the 'Positive List') 16/5/2019. Such preferential policies will be extended to another 63 categories of high-demand goods. Mats Lind . It is important to note that selling products via CBEC has different rules than the general trade. Compared with the preceding version (2018 version), 92 categories of imported goods, including some commodities that are in strong consumer demand in recent years, such as frozen seafood, alcohol and household appliances have been added upon the implementation of the list (2019 version). All Rights Reserved. Along with the new taxation system, this was a major setback for foreign exporters since products such as fresh food, seafood, certain nutritional products (supplements, e.g. Terms and Conditions          Privacy Policy, China Updated the Positive List: 92 More Categories are Welcomed to be Imported into China, 71-75 Shelton Street, Covent Garden, London, England, WC2H 9JQ. Issue date. In April 2016, government offices jointly released a “positive list” of 1293 goods that were eligible for CBEC sale, (Source: FBIC Group) replacing an earlier list that had included only things that weren’t for sale. The Positive List. FedEx website… The list, also dubbed ‘CBEC positive list’, has taken effect this year. On April 7th 2016, China announced a positive list for commodities traded using cross-border e-commerce (CBEC). While cross border e-commerce (CBEC) is an attractive channel for foreign businesses to sell to China, misunderstandings over how CBEC in China works frequently end in costly disappointments and retreats from the market. On November 20 th 2018, the Ministry of Finance announced a new Cross-Border E-commerce (CBEC) positive list, which will replace the two previous lists in force. Hot-selling products in recent years, such as Frozen seafood, gin, vodka, water-heaters, color TVs and other imported products are among the additional 92 categories of commodities in the List of CBEC Retail Imports (2019 version). If you need more advice, Please visit our Consultancy &Service page or contact us by booking a consultation here. First batch of HS codes approved on 6th April (1142 items): Announcement: http://gss.mof.gov.cn/zhengwuxinxi/zhengcefabu/201604/t20160401_1934275.html, List (pdf): http://gss.mof.gov.cn/zhengwuxinxi/zhengcefabu/201604/P020160407628544745898.pdf, Unofficial translation by the EU SME Centre (pdf): http://www.eusmecentre.org.cn/sites/default/files/files/faq/20160420%20LIST%20OF%20PRODUCTS%20AUTHORIZED%20TO%20BE%20TRADED%20VIA%20CBEC-%20ENGLISH.pdf. China has issued a list of commodity categories, which are allowed to be traded via CBEC. An English explanation can be found here. Here is a list of CBEC integrated tax … One year later, this key task achieved a breakthrough nationwide. Among them, food is included. Bonded warehouse mode. CBEC platforms are highly popular among Chinese consumers and have become one of the major channels to buy authentic foreign products. The Positive List - jointly released by the Ministry of Finance (MOF) and ten other ministries and government bodies - includes tariff codes and product names of permitted CBEC categories encompassing almost 1,300 commodity categories in total, including foods and drinks, clothes/shoes/hats, some cosmetics, diapers, etc., along with various notes, which provide additional … On April 15, 2016, 7 days after the first batch of positive list was implemented (see CL news report on April 7, 2016), 13 ministries and commissions of China co-released the second batch of positive list for commodities traded through cross border e-commerce, which took effect from April 16, 2016. See table 2 for an overview of consumers reasons to purchase CBEC products and table 3 for the average Chinese consumer portrait. Lingang to fuel growth in Shanghai. Animal and plant products prohibited from being carried or mailed into China (This is also known as the ‘Negative List') 16/5/2019 On December 31, 2019, in order to echo with the implementation of the Positive List (2019 Version), Tmall.HK released a list of hot brands in 2020. China has issued a list of commodity categories, which are allowed to be traded via CBEC. How does CBEC work? 22 Apr On April 7 th 2016, China announced a positive list for commodities traded using cross-border e-commerce (CBEC). 2. acconsultant.com.au. 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