On May 26, a batch of women’s clothing products with a value of over 400,000 yuan that were ordered on the Amazon platform were shipped to the United States through customs declaration at Chengdu International Trade City and customs clearance at Shenzhen Port. This event is of great significance and marks a new breakthrough in the dual pilot projects of new foreign trade formats in Jinniu District.
This breakthrough explores the integrated development path of “customer expansion on cross-border e-commerce platforms + exporting through market procurement and trade”, opening up an efficient new overseas channel for small and medium-sized foreign trade enterprises in Jinniu District, Chengdu City and even Sichuan Province.
Under the guidance of the Sichuan Provincial Department of Commerce, Chengdu Customs, and Chengdu Municipal Commerce Bureau, Jinniu District actively promotes the pilot construction of national market procurement trade methods.
Coordinate with taxation, market supervision, foreign exchange management and other industry authorities, keenly grasp the trend of foreign trade market fragmentation and platformization of foreign trade channels, and introduce cross-border e-commerce enterprises in Chengdu International Trade City.
Combining the operational advantages of cross-border e-commerce in accurately matching terminal needs with the policy advantages of market procurement trade without invoices and exemptions and convenient customs clearance, it has opened up the entire business chain of order docking, cargo collection and warehousing, online customs declaration, cross-border distribution, and compliant foreign exchange settlement, and guided cross-border e-commerce sellers to truly trace their origins, make compliant customs declarations, collect foreign exchange, and pay taxes in accordance with the law.
The person in charge of Chengdu Fengshangmei International Trading Co., Ltd. said: “The company has long been deeply involved in the North American e-commerce market and has set up self-operated factories in its capital. It has been exporting women’s shoes and women’s clothing through general trade before. The complicated issuance of vouchers and long tax refund cycle are development bottlenecks. Now through market procurement trade, VAT can be exempted, and at the same time, scattered online orders can be integrated.
Unified and centralized customs clearance offline has effectively reduced the overall cost of going overseas.
We are encouraged by the high-quality business environment and complete foreign trade supporting services in Jinniu District, and have strengthened our confidence in exploring overseas markets.
It is expected that the GMV growth rate of Amazon’s entire platform will reach 100% this year, and we will also drive more high-quality Sichuan products to overseas markets.”
“Promoting the deep integration of market procurement and cross-border e-commerce is one of the main measures for Jinniu District to promote the high-quality development of domestic and foreign trade integration.” The relevant person in charge of the Jinniu District Market Procurement Trade Service Center said that in the next step, the center will link up with the economic and information, science and technology, private promotion, relevant streets, industrial parks and other departments to actively carry out the “4 +
12″ Chengdu-Sales Matchmaking Activities (supply and demand matchmaking meetings are held every quarter, and symposiums are carried out in streets, key industries, and professional markets every month). It is oriented towards the overseas expansion of industries, accurately responds to corporate issues and demands, publicizes foreign trade policies, and promotes domestic and overseas exhibition resources.
At the same time, we will continue to connect with the Rongpin Rong Enterprise Sichuan Overseas Comprehensive Service Center, the Municipal Cross-Border E-commerce Association and other units, integrate industry associations and platform resources at all levels, and provide one-stop foreign trade full-process overseas services for small, medium and micro enterprises and market merchants in the region who have the intention to go overseas. We will encourage “Jinniu Made”, “Jinniu Ju” and “Jinniu Trade” products to expand overseas markets and drive the coordinated development of regional domestic and foreign trade.
The market procurement trade method refers to the trade method in which qualified operators purchase goods in a market cluster area recognized by the national commerce department, the value of a single customs declaration is less than 150,000 US dollars (including 150,000 US dollars), and the customs clearance procedures for export commodities are completed at the place of purchase.
It has the characteristics of LCL consolidation, simplified declaration, convenient customs clearance and VAT exemption, and also has many advantages.
The Jinniu District market procurement trade mode pilot, as the first market procurement trade mode pilot in the west, is of great significance to the globalization of “Made in Sichuan” products.
The scope of subjects is wider, and foreign trade enterprises and individual industrial and commercial households in market agglomeration areas recognized by the Ministry of Commerce can participate in market procurement trade; the tax policy is better, and the value-added tax exemption policy (exemption from value-added tax) is implemented for goods exported by market operators in market agglomeration areas through market procurement trade.
Taxes will not be refunded); customs clearance and exports are faster, and goods that meet the regulations are allowed to be grouped into containers and consolidated, and declarations are simplified; foreign exchange management is more flexible, market procurement trade methods are allowed to be settled in RMB, and registered foreign-invested partnerships are allowed to open current account foreign exchange accounts in banks in accordance with regulations.
