New Cross-Border E-Commerce Policy Expansion: An "Accelerator" for SMEs to Tap Global Markets
Recently, the Ministry of Commerce, General Administration of Customs, State Taxation Administration and other departments jointly issued the Notice on Further Expanding the Scope of Cross-Border E-Commerce Comprehensive Pilot Zones, announcing the addition of 20 new cross-border e-commerce comprehensive pilot zones (hereinafter referred to as "pilot zones"), bringing the total number of pilot zones nationwide to 165. This policy expansion focuses on three core areas: "reducing costs, improving efficiency, and strengthening support," providing more targeted policy support for small and medium-sized enterprises (SMEs) participating in cross-border e-commerce, and serving as a key driver for the digital transformation of China's import and export industry.
Simplified Procedures, Higher Customs Clearance Efficiency: Cross-border e-commerce enterprises in pilot zones can continue to enjoy the "list verification and release, summary declaration" customs clearance model, reducing the customs clearance time for a single shipment from hours to minutes; for cross-border e-commerce retail export goods, the customs has further optimized the "tax guarantee" mechanism, allowing enterprises to replace cash deposits with "bank guarantees, credit insurance," reducing capital occupation costs by approximately 30%.
Support for Overseas Warehouses, Enhanced Supply Chain Resilience: The policy explicitly encourages enterprises to build "public overseas warehouses" and "self-built overseas warehouses," providing a maximum financial subsidy of 5 million yuan for qualified overseas warehouse projects; at the same time, the customs will provide "advance declaration, priority inspection" convenience for goods shipped from overseas warehouses, improving overseas order delivery efficiency by more than 20%, effectively solving the logistics pain points of SMEs "going global."
Optimized Taxation, Lower Compliance Costs: For cross-border e-commerce retail export enterprises, the tax authorities will implement "paperless tax exemption declaration," allowing enterprises to handle VAT and consumption tax exemption procedures without submitting paper materials; in addition, for the cross-border e-commerce comprehensive tax (VAT, consumption tax, customs duty), enterprises in pilot zones can enjoy the "quarterly summary payment" policy, alleviating monthly capital pressure.
Industry experts stated that this expansion of pilot zones is a "precision drip irrigation" of China's cross-border e-commerce policy. By focusing on the core needs of SMEs, it will further stimulate the vitality of market entities. Data shows that in 2023, China's cross-border e-commerce retail export volume increased by 19.5% year-on-year, with SMEs contributing more than 60% of the growth; with the implementation of the new policy, it is expected that the cross-border e-commerce export scale of SMEs will exceed 2 trillion yuan in 2024, becoming an important engine for China's foreign trade growth.
This policy adjustment not only paves the way for SMEs to "go global" but also promotes the transformation of China's import and export industry towards "digitalization, intelligence, and globalization." In the future, JYT will leverage its advantages in cross-border logistics and supply chain management to provide integrated "customs clearance + logistics + finance" solutions for enterprises in pilot zones, helping SMEs easily expand into global markets.
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