Retail in Asia

In Markets

China’s new customs rules may end online buying from overseas

Millions of Chinese online shoppers have shared a dark, not-so-little secret: Having imports delivered through express mail services has helped buyers escape tariffs, though technically any inbound mailed valued at over CNY50 (USD7.9) is subject to taxes.

As of last Sunday, however, the main handlers of packages mailed to China – both the big domestic postal companies and small overseas logistics companies – are covered by new rules that mean more checks on incoming goods.

"Imported goods handled by overseas logistics companies will have to get the Customs clearance as commercially delivered items instead of as personal mailed ones, which means stricter tariff is imposed," said a customer representative at USZCN, a US-based logistics company tailored for Chinese online shoppers.
 

(Source: Shanghai Daily )