Mr. Ma Zhenghua, GM of Cross-border E-commerce Department of Oujian Group accepted the interview of China Trade News. He said Food, clothing, housing, and transportation products in the US, Japan, and South Korea retail markets, including shoes, bags, clothing, wine, cosmetics, etc., are concentrated in the tax-free areas adjacent to China in the form of tailings, centralized receipts, etc., and purchased through e-commerce or General trade enters China through parallel imports. In recent years, South Korea has set up a batch of bonded zones, with tariff-free entry and exit, and it is close to mainland China. Many products are collected in the Korean Free Trade Zone and are provided to China’s online platforms such as Tmall International and JD.com through bonded means.
According to Ma Zhenghua, large cross-border platforms or large merchants often need various overseas suppliers to supply them. For consumer products, all major brands are sold globally. Today, with the rapid development of China’s e-commerce, overseas buyers or suppliers have become an important link in the overall e-commerce ecosystem. These buyers and suppliers will purchase consumer goods in the global market through wholesale channels and retail channels, and concentrate them in overseas warehouses or certain collection points to deliver to platforms or large sellers. The bonded warehouses currently opened in South Korea can serve the functions of duty-free collection, tally, and delivery. Of course, such consumables are only sold online, and the online authorization chain needs to be complete and complete.
If you want to learn more knowledge about Cross-border E-commerce, please contact us.