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Shanghai Municipal Government’s Views on Promoting Cross-border E-commerce in Shanghai

(sh-italent.com)Updated : 2017-03-02

7). Improving inspection and quarantine measures

A negative list approach should be adopted in the inspection and quarantine works conducted on goods imported online, with an emphasis set on the supervision during and after the process.

Registration requirements for companies and goods should be streamlined. Centralized registration for imported goods should be allowed.

Goods brought into the country through international delivery services or postal systems should go through inspection and quarantine supervisions according to respective administrative procedures set for express delivery and postal articles.

For bonded imported goods, the authorities should carry out quality safety examination according to national standards set for related products.

Goods for export will be subject mainly to quarantine supervisions. Common industrial products should not need to undergo inspection procedures that used to be statutory.

A spot check mechanism for quality safety based on risk assessment should be established. Qualified third party agencies should be entrusted to fulfill the inspection and testing procedures to determine products’ quality safety, with proper supervision on their works as the prerequisite. 

8). Improving cross border payment and exchange settlement services

Banks and cross border third party payment services providers should be supported as solid payment service providers to handle cross border yuan settlement for corporate clients with efficiency and convenience at the same time.

Local governments should support the banks and payment services providers to speed up product innovation and improve cross border payment services. Local governments should offer support to qualified payment agents to set up offshore yuan accounts and foreign currency deposit accounts.

Small- and medium-sized enterprises that rely on shipping export goods through postal networks may handle exchange settlement via qualified third party payment agents.

The electronic form of customs clearance information can be presented as vouchers when exporters are going through exchange settlement procedures.

Local governments should continue to widen the scope in which payment agents are allowed to operate cross border foreign currency payment business and raise the limit on transaction volume, and expand the payment practice to all commodity and service trade. 

9). Innovating taxation system for cross border e-commerce

Local governments should implement the tax remitting policy for commodity export through online channels. Qualified export companies may apply for tax rebates or tax exemptions if they can produce electronic form of customs clearance information and other required credentials.

Local governments should explore a comprehensive tax rebate policy based on simplified methods for classifying goods exported through e-commerce platforms, and ponder viable paper-free measures to manage cross border e-commerce business. 

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