China’s cross-border e-commerce firms have gone through a reshuffle with mixed performances since the government introduced a new tax regime for cross-border e-commerce one year ago. While some players were knocked out of the game, some medium-sized firms have been starting to thrown off their cross-border e-commerce label and extending to other businesses (in Chinese).

Last March, the Ministry of Finance launched a new tax regime for cross-border e-commerce retail imports (in Chinese), aimed at closing tax loopholes and facilitating fairness of trading. The new tax policy, effective April 8, 2016, made changes to types of taxes, tax rates, and purchase price cap of imported commodities.

In addition, the customs authorities published a whitelist involving 1,142 commodity items, stipulating that only those on the list can be imported to China through cross-border e-commerce.

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Sheila Yu

Sheila Yu is a Shanghai-based technology writer. She brings readers the biggest news from Chinese language tech media. Reach her at sheila@technode.com.