Cross Border Electricity Supplier Enterprises Are "Jubilant", And Qingdao'S Big Name Goods Are 20% Cheaper.
In June 1st, the Sino Korean FTA was formally signed.
According to regulations, China will achieve zero tariff products in the longest 20 years to reach 91% of the tax items and 85% of imports.
Zero tariff products of Korea
It reaches 92% of tax items and 91% of imports.
Although the change of tax rate is reflected in the retail terminal, but the cross-border electricity supplier enterprises have been "jubilant", and some took the opportunity to hold an import and export commodity exhibition in Qingdao, and sales were hot.
It is understood that in the first quarter of this year, there were 36 enterprises in Qingdao to carry out cross-border trade in electronic commerce, and declared a total of 226 thousand export lists, with a value of 10 million 924 thousand and 800 US dollars.
International commodity cross-border electricity supplier settled in Qingdao
In June 1st, the Sino Korean FTA was signed.
According to the agreement, the liberalization rate of trade in goods is more than 90% of tax and 85% of trade volume in terms of opening level.
The agreement covers 17 fields, including trade in goods, trade in services, investment and rules, including e-commerce, competition policy, government procurement, environment and other "twenty-first Century economic and trade issues".
For consumers, this is undoubtedly an exciting news.
Especially the "Korean fans", looking forward to the cheap and cheap cosmetics, clothing, shoes and hats and so on rush into the island city, do not need to go abroad to buy cheap Korean goods.
Qingdao
With the advantage of geographical location, it has close trade with Korea.
The relevant person in charge of the Municipal Bureau of Commerce said that Qingdao and Korea had close economic and trade contacts. In the past year alone, the total volume of import and export trade between Qingdao and Korea reached 9 billion 10 million US dollars, accounting for 3.5% of the total trade volume between Korea and Korea.
As of December 2014, Qingdao absorbed Korea's investment of 15 billion 250 million US dollars, ranking first in the same cities in the country, and Qingdao's investment in Korea reached US $240 million.
The agreement between China and South Korea on the FTA and the subsequent negotiations on trade in services and investment agreements between China and South Korea will bring important opportunities for Qingdao to further enhance its economic and trade cooperation with South Korea.
In June 2nd, the first cross-border O2O project of international imports of goods was scrambled to settle in the island city, and the international import and export commodity festival was launched.
Thousands of high-quality goods from dozens of countries are displayed at the civilian price. This is also the offline experience activity of Qingdao's first international import commodity cross-border electricity supplier O2O project.
Reporters at the fair observed that Korean goods were still popular with Qingdao residents, such as seaweed, grapefruit tea and so on.
Chen Hongtao, manager of Qingdao Jixing International Trade Co., Ltd., said: "the Qingdao Ji Shang international import commodity city will be stationed in Qingdao in the later stage, providing shopping convenience to the public through online platforms such as micro stores, and plans to integrate cross-border e-commerce resources by the end of the year to launch Online self catering platform and 10000 meters offline experience shop, when the product variety will exceed tens of thousands."
According to him, the Sino Korean FTA has been signed, and they are also exploring the Korean market and striving to introduce more cheap goods to Qingdao.
According to the staff of the Qingdao Municipal Bureau of Commerce, there are many enterprises doing cross-border electric business, many of them are planning, but it is the first one to open and scale in the mall.
Only by making Qingdao cross-border e-commerce enterprises scale, can we promote sales, enhance brand effect and form core competitive advantage.
Imported Lower cost and lower retail price.
According to Chen Hongtao, the proportion of retail prices of Korean goods stationed at home will reach about 20%. After the signing of the FTA, tariffs will be reduced, the cost of imports will also be reduced, and retail prices will naturally decrease. The people (603883, shares) will enjoy substantial benefits.
However, the price reduction may be large or small, because in addition to tariffs and VAT, and logistics, circulation and other costs, these accounts for a considerable proportion of the terminal price.
Take diapers as an example. According to a store manager who opened an import and infant store on Tmall, the import diapers of the original diapers were 7.5%, and the new tax rate was 2% yuan. For example, the paper diapers with a package tax rate of RMB 80 yuan could be reduced by 4.4 yuan at the time of import.
For vertical e-commerce platform, tariff reduction means reducing procurement costs, and will have more bargaining power with brands.
Chen Jian, chairman of Pinghu international import commodity city, said that tariff reductions would reduce import costs and give more concessions to consumers.
Some countries that do not have tariff preferences also reduce the dealer's links through B2C, giving consumers the lowest price.
Take the commodities in the import and export commodities section as an example, sell more than 100 yuan of olive oil in other shopping malls, the price of the commodity Festival is over 60 yuan, and France Evian water, which is often tens of dollars, also sells for only 3.9 yuan.
According to Chen Jian, there will be an experiential shop in Qingdao, where consumers will place orders on the experience shop, and the goods will be delivered directly from the bonded port area to the home.
"We have got in touch with Armani, boss and other international brands. The source is ready, and it will be available in about three months."
Chen Jian said that the price of importing these international brands will be about 20% cheaper than those in foreign certified stores.
Seize opportunities to enhance open cooperation with South Korea
According to China's Ministry of Commerce, the total exports of essential oils and perfumery, perfume and toiletries to China in 2014 amounted to $598 million, an increase of 89.3% over the previous year.
In 2015, it reached $264 million in the first quarter, an increase of 189.4% over the same period last year, about 44% of last year's total.
According to the National Bureau of statistics, since March 16th, the direct import and export business in Qingdao and the opening of the cross border electricity supplier channel between China and South Korea in March 20th have declared 6237 imported tickets, worth 159 million 370 thousand US dollars, and weighing 17281.4 kilograms. The main imports are sanitary napkins, sports women's shoes, diapers, milk powder, slippers and so on.
It is understood that in the first quarter of this year, 36 enterprises in Qingdao launched cross-border e-commerce pactions, totaling 226 thousand export lists, with a value of $10 million 924 thousand and 800.
Reporters learned that in June 1st, in order to seize the new opportunities of the China South Korea Free Trade Zone, the Qingdao municipal government issued the "action plan for Qingdao to seize the new opportunities in the Sino Korean free trade area to enhance the level of open cooperation with South Korea". There are 20 key tasks, mainly involving strengthening the cooperation of high-end industries, promoting pformation and upgrading, implementing the trade expansion project for Korea, enhancing the cooperation between Qingdao and South Korea in entering the national strategy, strengthening all-round exchanges and cooperation, and promoting deep integration.
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