China to encourage import goods sales
November 08, 2018
China will continue to encourage new means of import goods sales such as those through online channels to boost domestic consumption, according to the Ministry of Commerce.
It is working with relevant government authorities to optimize regulatory measures for cross-border import sales and will continue to encourage innovative methods as well as inclusive policy schemes to ensure stable transition when a pilot program turns into official rules, Qian Fangli, director general of the ministry’s e-commerce and information department, told a press briefing at the China International Import Expo on Wednesday.
Cross-border e-commerce sales in the first eight months of this year reached 48.97 billion yuan. Last year transactions stood at 56.59 billion yuan, 1.2 times more than the year before.