Ordos included among cross-border e-commerce retail import pilot areas

Updated: 2021-04-27 (chinadaily.com.cn) Print

Enterprises in Ordos city in North China's Inner Mongolia autonomous region will be able to carry out cross-border e-commerce and bonded imports by relying on the Ordos Comprehensive Bonded Zone's open platform.

The announcement was made in the "Notice on Expanding the Pilot Program of Cross-border E-commerce Retail Imports and Strictly Implementing Regulatory Requirements," which was jointly issued by the Ministry of Commerce, the Development and Reform Commission, the Ministry of Finance, the General Administration of Customs, the State Taxation Administration and the State Administration for Market Regulation.

The notice clearly states that the pilot scope of the cross-border e-commerce retail import business will be expanded to all the cities and areas where free-trade zones, cross-border e-commerce comprehensive pilot zones, comprehensive bonded zones, import trade promotion innovation demonstration zones and bonded logistics centers are located.

This business is suitable for domestic individuals or e-commerce companies to implement cross-border transactions on e-commerce platforms approved by the customs department. Inbound and outbound retail goods will be handled through special customs supervision areas or bonded supervision sites.

This model adopts cross-border e-commerce websites to wholesale unsold goods to the domestic bonded logistics centers, which will then carry out online retail. 

The goods will be cleared by customs officials after they are sold. Products that cannot be sold will be directly returned to their countries of origin.

The implementation of this business is conducive to further expanding the import of high-quality goods in Ordos city. It will satisfy residents' quality demands and diversified consumption needs and promote the development of cross-border e-commerce and related industries.