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Implementation Plans Issued for Guangzhou and Shenzhen Cross-Border E-Commerce Zones

The Guangdong Provincial People's Government recently issued the Implementation Plan for the China (Guangzhou) Cross-Border E-Commerce Comprehensive Pilot Zone (for details, please see: http://www.100ec.cn/detail--6336416.html) and the Implementation Plan for the China (Shenzhen) Cross-Border E-Commerce Comprehensive Pilot Zone (for details, please see: http://b2b.toocle.com/detail--6336142.html). According to these plans, the comprehensive pilot zones must carry out early and trial implementation in areas such as technology standards, business processes, oversight models and information technology development in the B2B business of cross-border e-commerce enterprises and create more replicable and scalable experience for promoting the healthy development of cross-border e-commerce across the country.

The Implementation Plan for the China (Guangzhou) Cross-Border E-Commerce Comprehensive Pilot Zone put forward the following measures: Every effort should be made to carry out "Internet + foreign trade", guide traditional foreign trade enterprises to make use of cross-border e-commerce to promote transformation and upgrading, promote the integrated development of cross-border e-commerce public service platforms and different types of specialised pilot industrial parks through comprehensive reform and integrated innovation, push forward the integration of "customs, inspection and quarantine, exchange control, taxation, industry and commerce administration, logistics and financing" in order to form a new-style oversight services model and institutional system that suit the development of cross-border e-commerce. The goal is to build the Guangzhou Comprehensive Pilot Zone into a pioneer for cross-border e-commerce innovation and development and accelerator for foreign trade optimisation and upgrading and build Guangzhou into a national central city and high ground for cross-border e-commerce in three to five years. 

The Implementation Plan for the China (Shenzhen) Cross-Border E-Commerce Comprehensive Pilot Zone put forward the following measures: Every effort should be made to finish building a cross-border e-commerce customs clearance service platform with "mutual exchange of information, mutual recognition of oversight and mutual assistance in law enforcement" and initially establish a whole industry chain service system for cross-border e-commerce with emphasis on cross-border supply chain service and foreign trade comprehensive service in three to five years. Steps should be taken to build a cross-border e-commerce customs clearance supervision network with rational layout, sound policies, all necessary facilities and comprehensive functions in order to form a pattern of cross-border e-commerce development with the Qianhai-Shekou Area of the China (Guangdong) Pilot Free Trade Zone as the flagship and e-commerce demonstration bases and e-commerce industrial parks as anchors. By 2020, the city will become a cross-border e-commerce trading centre, a financial services centre and a logistics hub of the Asia-Pacific region, with cross-border e-commerce transaction volume exceeding US$100 billion and average annual growth rate reaching about 30%. The establishment of a cross-border e-commerce operation and management system that complies with international standards and norms will also be basically completed. This system featuring a well-established service system and a well-regulated business environment will facilitate investment cooperation and promote innovations in industry-finance integration.

Content provided by Picture: HKTDC Research
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