Pro­fes­sional shop­pers pres­sured by e-com­merce law

Global Times US Edition - - BIZOVE - By Xie Jun

A new e-com­merce law that takes ef­fect on Jan­uary 1 will re­quire Chi­nese on­line traders to pay taxes on their trans­ac­tions, bring­ing a shock to the sec­tor but al­low­ing it to de­velop in a sounder fash­ion, an ex­pert said.

Some e-com­merce traders are al­ready think­ing of leav­ing the sec­tor as the tax could crimp their prof­its.

One such daigou (an over­seas shop­per who buys lux­ury for do­mes­tic cus­tomers), a 20-some­thing woman sur­named Yang, told the Global Times on Mon­day that if she can't run her busi­ness with­out gov­ern­ment reg­is­tra­tion, she may aban­don the in­dus­try.

“If I reg­is­ter and have to pay a tax, then there’s not much mean­ing in do­ing daigou busi­ness be­cause with the tax, prod­ucts will be even more ex­pen­sive than at fran­chised stores,” she said.

“I will first see what other peo­ple will do and then make my own de­ci­sion,” she said. Based in Shen­zhen, South China’s Guang­dong Province, Yang of­ten shops in Hong Kong and South Korea for her cus­tomers.

A Swe­den-based daigou told the Global Times that cus­toms checks in China have got­ten tougher, and many of her daigou peers are push­ing cus- tomers to buy as much be­fore the law is im­pleme

But she said she will r the gov­ern­ment in line w “I think it’s just a mat­ter the pol­icy to be launched such a bad thing for sh want to stay in this busin long term.”

“We’ll ad­just our price the ad­di­tional costs, so change our busi­ness mo vive” in a way that doesn’t ing on price ad­van­tages, s

The gov­ern­ment ann new e-com­merce law at Au­gust. Un­der the law, e traders, re­fer­ring to tho

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.