South Korea launched an investigation into the Temu platform
April 10, 2024
The South Korean Fairtrade Commission is investigating the cross-border e-commerce platform Temu of the Chinese e-commerce giant Temu, which reflects South Koreas high concern for fair competition and consumer protection in the e-commerce industry.
South Koreas cross-border e-commerce imports from China surge 70%
18 March 2024
According to recent data released by the South Korean Customs Administration (Customs), the number of cross-border e-commerce goods imported by South Korea from China increased by 70.3 percent in 2023, reaching 8881.5 million units, a growth rate far higher than the overall import growth rate. This data highlights the growing importation of Chinese markets in cross-border e-commerce in South Korea. Last year, the total volume of cross-border e-commerce imports in South Korea...
9810 Cross-border e-commerce export model: operation guide and precautions
27 February 2024
In the current global trade landscape, cross-border e-commerce is developing at an unprecedented pace, transforming traditional trade models and processes. Particularly in China, the continuous innovation in cross-border e-commerce export models has provided small and medium-sized enterprises with new opportunities to expand into international markets. Among these, the "9810 Cross-border E-commerce Export Model" has become a focal point for many businesses. However, this model...
The rise of Chinese e-commerce platforms has boosted the popularity of Made in China products around the world
February 18, 2024
With the accelerated merger of digitalization and globalization, Chinas e-commerce platform and its accompanying logistics services are rewriting the global retail market pattern.In 2023, China will first outperform the United States to become South Koreas largest cross-border e-commerce import source, a milestone symbolizing the continued rise in Chinas e-commerce and logistics platforms global influence and competitiveness.
At the end of the year, high-season sellers face rising airline prices and operational tensions
December 1, 2023
As the end of the year approaches, the cross-border e-commerce market has entered the boom season, but at the same time, sellers also face major challenges in air transport logistics. According to recent market feedback, after entering October, air transport prices continue to rise, mainly due to the joint role of several key factors.
The tax policy for cross-border e-commerce export returns will be extended to 2025
15 September 2023
In order to further support the rapid development of the emerging cross - border e - commerce business, the Ministry of Finance, the General Administration of Customs and the State Taxation Administration recently issued a new announcement to continue implementing the tax preferential policies for returned goods in cross - border e - commerce exports.
Declaration regulations for cross-border e-commerce cosmetics exports
August 8, 2023
Cross - border e - commerce is booming in todays globalization. As a popular category among them, the key points of regulations in the export declaration process of cosmetics have become the focus of attention of many enterprises.
The current state and future prospects of the global e-commerce market
27 June 2023
With the development of information technology, the e-commerce industry has become one of the earliest industries to be disrupted by the Internet. Blockage, isolation and shutdown measures caused by the new coronavirus have given the e-commerce industry the opportunity to grow rapidly. In 2022, global retail e-commerce sales will be around $5.7 trillion, and this number is expected to continue to grow in the coming years to reach about $8.1 trillion by 2026.
US plans to lift Chinas e-commerce goods tariff exemption, cross-border trade faces new challenges
16 June 2023
Adjustment of tax policies for returned goods: Declared exports under the cross - border e - commerce customs supervision codes (1210, 9610, 9710, 9810)...
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