Accelerating Cross-Border E-Commerce Expansion
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In recent developments, the customs authorities of Qianjiang, part of Hangzhou's customs division, have successfully completed the inspection of a batch of cross-border e-commerce export goods at the Hangzhou Cross-Border E-Commerce Comprehensive Pilot ZoneFollowing this, the goods were swiftly transported to Wuxuan Airport in Anhui, where they finalized the transit procedures and were subsequently sent to Incheon, South Korea, via dedicated cross-border e-commerce freight planesThis marks not only the initial batch of exports processed through Wuxuan Airport from the Hangzhou Comprehensive Cross-Border E-Commerce Pilot Zone but also a significant breakthrough into a new export channel after the implementation of ten supportive measures by Hangzhou Customs to foster high-quality development in Zhejiang's cross-border e-commerce sector.
The rapid growth of cross-border e-commerce exports presents both opportunities and challenges
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Hangzhou Customs is keenly aware that ensuring transport capacity has become a pressing challenge amid what they describe as a "sweet burden." To address this, they have aligned their strategies with the integrated development plans of the Yangtze River Delta region, leveraging the concentration of air transport facilities in areas nearbyCurrently, cross-border e-commerce retail exports from Hangzhou can make use of four international airports: Hangzhou Xiaoshan, Shanghai Pudong, Anhui Wuxuan, and Hubei Ezhou Huahu.
As Wang Kuan, a contact at Hangzhou Jiacheng International Logistics Co., expressed, "Time is competitive powerThe increasing number of smooth cross-border e-commerce export channels has helped reduce our comprehensive logistics costs by more than 20%."
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This innovative operational approach allows vast quantities of goods to be shipped as cross-border parcels, reaching consumers across diverse nations and regions efficientlyThis model effectively dismantles many barriers associated with traditional international trading, thereby providing new pathways for numerous domestic small and medium-sized enterprises (SMEs) to partake in global commerce.
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This not only opens new avenues for growth but also significantly invigorates market dynamics, fostering diversification within domestic industries.
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In response, Hangzhou Customs has intensified collaboration with major domestic and international logistics companies, seeking to optimize logistics routes and create more effective cross-border logistics networksFurthermore, the customs authorities are leveraging state-of-the-art information technology to enhance port clearance processes, allowing for faster inspection and release of goodsFor instance, the introduction of smart inspection devices improves the accuracy and efficiency of cargo evaluations, consequently diminishing the dwell time at ports and lowering logistics costs, all while ensuring the timely and safe delivery of cross-border e-commerce goods to consumers across the globe.
However, the traditionally cumbersome process for overseas warehouse registration has posed challenges, diverting time and resources from companies eager to develop these facilitiesTo address this pain point, Hangzhou Customs has optimized the registration process for overseas warehouses, implementing a paperless regimeThrough digital solutions, enterprises can submit their registration materials online to complete the process, achieving a truly "one-location registration with nationwide applicability." This initiative has considerably simplified the registration procedure, boosting efficiency and reducing operational costs, thereby encouraging more companies to invest in overseas warehouse capabilities and enhance their competitive positions in international markets.
These zones offer unique benefits, particularly the tax rebate policy immediately available for imported goods, making them highly attractive to enterprisesBy first storing goods in consolidated warehouses and applying for tax rebates upon entry, companies can alleviate financial pressures and reduce capital occupation costs significantlyThis synergy creates an interconnected export clearance model leveraging both overseas warehouses and consolidated warehouses within the bonded zonesIn this innovative framework, enterprises can achieve centralized storage, sorting, and packing of goods in domestic consolidated warehouses while rapidly completing tax rebates thanks to the bonded zone's favorable policiesSubsequently, goods can be dispatched to overseas warehouses, enabling quick responses to local market demand and precise delivery of productsThis model considerably enhances the flow and sales efficiency of goods, propelling the advancement of Zhejiang's cross-border e-commerce sector towards higher quality.
To illustrate practical applications, Hangzhou Daya Information Technology Co., Ltd
has effectively tapped into the international market through its overseas warehouse model in cross-border e-commerce"Currently, we have leased over ten overseas warehouses in major export markets including Europe and America, and almost all of our cross-border e-commerce exports are now executed through this model," stated Xu Tianxing, the company's foreign trade business managerAs of October this year, their exports through the overseas warehouse model surpassed 350 million yuan, showcasing growth exceeding 30% year-on-year.
Supporting measures tailored specifically to the characteristics of Zhejiang's cross-border e-commerce landscape also include enhancing AEO (Authorized Economic Operator) cultivation for cross-border e-commerce enterprises and expanding pilot programs for "pre-shipment inspection" of cross-border exportsLooking ahead, Hangzhou Customs is determined to continue deepening reform and innovation, aiming to establish a smarter regulatory system for new forms of cross-border e-commerce transactions that is safer, more convenient, and efficient, all while injecting new momentum into Zhejiang’s high-quality foreign trade development.
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