Nansha releases detailed rules for further cross-border e-commerce development

The north part of the international logistics hub at Guangzhou Port is put into operation. [Photo/gznsnews.com.cn]

The detailed rules for the implementation of the supportive measures for boosting the development of cross-border e-commerce and global pooling and distribution business was released on Aug 12, aiming to cultivate new driving forces for foreign trade growth. 

The total import and export volume of Nansha's cross-border e-commerce increased by 17.7 percent to 11.5 billion yuan ($1.77 billion) in the first half of 2021, and its global pooling and distribution business expanded by 66.32 percent to 8.13 billion yuan. 

Companies achieving growth in the online purchase bonded business of cross-border e-commerce are eligible for a reward of 0.4 yuan per order for growth. 

Those achieving growth in cross-border e-commerce direct purchases annually with an average value over 100 yuan for each order are eligible for 0.2 yuan to 0.4 yuan per order for growth. 

Companies carrying out global pooling and distribution business can get a subsidy of 100 yuan per container as long as the import or export cargo value is below $50,000. Containers with a cargo value of over $50,000 but lower than $80,000 can get a subsidy of 600 yuan each while containers with cargo value of more than $150,000 will be able to get the highest subsidy of 1,500 yuan each.