31 Aug, 2013 (Sat): According to a report by Alizina, China’s Ministry of Commerce has launched policies to boost the country’s online export industry in Shanghai, Chongqing, Hangzhou, Ningbo and Zhengzhou city.
The new policies will help to classify e-commerce export business units, to establish a new e-commerce export customs scheme and to encourage banks and payment institutions to provide cross-border e-commerce payment services as tax assistance in supporting the growth of e-commerce exports in the country. The new policies will be expanded to nationwide on October 1, 2013.
