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China to Treat CBEC Traded Items as Personal Articles

On Mar. 17, 2017, China’s Ministry of Commerce announced that commodities traded through cross border ecommerce will be regulated as personal articles currently. 


Takehome

  • It has been announced that CBEC traded products will be treated as personal articles currently.

On Mar. 17, 2017, China’s Ministry of Commerce announced that commodities traded through cross border ecommerce will be regulated as personal articles. The number of CBEC pilot cities will also increase from 10 to 15. New cities include Chengdu, Dalian, Qingdao, Suzhou and Hefei (see the previously approved 10 pilot cities from here).

China enacted a series of new CBEC policies starting last year, including a new taxation policy and a positive list system and an extension on the grace period until the end of 2017.

CBEC traded commodities will not be restricted by general trading requirements under the new supervision mode. Further detailed rules will be formulated soon regarding this new supervision mode.

Reference link

The Ministry of Commerce of China

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