On November 4, the Commerce Bureau of Shenzhen Municipality launched the inaugural session of the event "In-depth Analysis of Internal Control Mechanisms for Overseas Warehouses and the Latest Policies" at YANTIAN. (Click to view event details)
The event gathered tax authorities, financial institutions, leading sellers, and other key stakeholders at YANTIAN, promoting seamless collaboration among government agencies, customs, industry associations, and enterprises to accelerate the high-quality development of Shenzhen's cross-border e-commerce sector.
As Sheree Sun, Deputy General Manager of Commercial Department of YANTIAN, emphasised in her opening remarks, YANTIAN serves as a vital gateway for China's international trade. Beyond our role as the preferred port for cross-border e-commerce in South China, we act as a crucial bridge connecting government agencies, customs, industry associations, and enterprises, fostering seamless communication and collaboration. Recognising the indispensable role of a favourable business environment in facilitating trade, lowering costs, improving efficiency, enhancing operational capabilities, and boosting global competitiveness, YANTIAN remains at the forefront of these efforts. We unite partners from diverse sectors to actively support and contribute to the creation of a platform that provides deep insights into the latest commercial policies and tax refund procedures, helping enterprises navigate policy developments with confidence and elevate their competitiveness.
In recent years, YANTIAN has proactively adapted to the shifting dynamics of global trade and the growing demands of cross-border e-commerce. By pioneering innovative shipping express channels, streamlining customs clearance procedures, and strengthening supporting industry resources, YANTIAN has significantly advanced trade facilitation and driven the high-quality development of cross-border e-commerce. Choosing YANTIAN as the starting point for this series of events highlights our indispensable role in fostering growth within the sector.
At the event, a representative from the E-Commerce Division of the Commerce Bureau of Shenzhen Municipality shared that Shenzhen's cross-border e-commerce imports and exports experienced a remarkable 130% year-on-year growth in the first half of 2024. Highlights included a notable clustering effect of market players, successful implementation of the pilot transparent operation program, well-established infrastructure, and an expansive cross-border logistics network. The comprehensive pilot zones for cross-border e-commerce in Shenzhen have achieved impressive results. The representative further elaborated on the "1+2+6+N" cross-border e-commerce policy framework, providing enterprises with insights into the latest support policies tailored to their needs.
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Following this, representatives from the Tax Bureau of Shenzhen Municipality, Guangdong Zhi Heng Law Firm, and YANTIAN delivered insightful presentations on topics such as "The Latest 9810 Tax Refund Policy for Cross-Border E-Commerce," "Cross-Border E-Commerce Overseas Warehouse Operations and Employment Risk Analysis," and "Connecting the World: Empowering High-Quality Cross-Border E-Commerce Development", providing in-depth discussions and practical advice on establishing global overseas warehouse sales channels, navigating legal and tax considerations for international expansion, optimising 9810 tax refunds, and YANTIAN’s critical role in empowering cross-border e-commerce.
Timeliness is the lifeblood of cross-border e-commerce. As a key hub in the global supply chain, YANTIAN handles over a third of Guangdong Province's international trade volume and over a quarter of China's exports to the US. Currently, YANTIAN, leveraging its extensive shipping network and aligning with the growth of international cross-border e-commerce markets, has partnered with shipping companies to offer extensive, fast, and premium shipping services.
🌟We boast the most extensive services to Europe and US in South China, with an average of 4 services to Europe and 6 services to US daily, complemented by over 10 cross-border e-commerce express shipping services.
🌟Our services cover a myriad of overseas destinations, offering approximately 100 weekly services globally.
🌟As the last-port-of-call for most services from China, we ensure the quickest delivery of cargoes to their destination ports (12.5 days to the USW, 11 days to Australia).
🌟We have efficient operational capabilities and a favourable customs clearance environment.
During the discussions, participating enterprises emphasised that overseas warehouses for cross-border e-commerce greatly supported brands pursuing global expansion. They expressed a strong commitment to actively participating in these initiatives, contributing to the sustainable development of the cross-border e-commerce ecosystem. They also hoped that government agencies could utilize summits, forums, and other events to further share latest cross-border e-commerce policies with enterprises, motivating more and more entities to join the cross-border e-commerce sector.
In the future, with the collaborative efforts of government agencies, customs, industry associations, and enterprises, YANTIAN's cross-border e-commerce sector is poised for rapid and sustainable growth. As the preferred port for cross-border e-commerce in South China and the Honorary President Organization of the SZCBEA Yantian Branch, YANTIAN will continue to leverage its strategic advantages as a major port. It is committed to actively developing multimodal transport and enhancing its logistics support services. It will also maintain close cooperation with government and industry partners to discuss and implement solutions that ensure the smooth and stable operation of the Greater Bay Area’s industrial and supply chains. In this way, YANTIAN will reinforce our leadership in the industry, serving as a "communication bridge" to foster the high-quality development of cross-border e-commerce while fully supporting Shenzhen’s efforts to accelerate its transformation into a logistics hub with global influence.