​New regulation drives cross-border e-commerce B2B exports of Beijing, Tianjin to exceed RMB20 mln in July

The pilot project of cross-border e-commerce B2B export supervision, launched on July 1 at China's ten local customs including Beijing, Tianjin, Nanjing and Zhengzhou, has yielded sound outcomes. 

Accoding to a report by Economic Information Daily Tuesday, the total e-commerce B2B exports declared at Beijing and Tianjin customes exceeded 20 million yuan in July.

Tianjin Customs received declaration for cross-border e-commerce B2B exports of about 14 million yuan, while Beijing Customs inspected and released 53 cross-border e-commerce B2B export declarations and lists, with exported goods valuing 8,344,300 yuan.

Tianjin Customs has provided enterprises with customized support of "one enterprise, one policy", realizing convenient and paperless customs clearance.

By taking the opportunities brought by the pilot project, Liho Group and TianJin Trade Touch Supply Chain Management Co., Ltd., two foreign trade firms in Tianjin, had contributed more than 80 percent of Tianjin's e-commerce exports in July.

In terms of B2B export business model, Beijing Customs has realized the integration of two main logistics models, namely integrated logistics and direct export, and the integration of air, land, sea and express transportation.

The new B2B regulation has satisfied domestic cross-border e-commerce export enterprises of different sizes and types with more convenient customs clearance mode, helping them effectively reduce customs clearance costs and operation costs, said Liu Sijun, vice president with DHgate.com, a Chinese B2B cross-border e-commerce trading platform.