CBEC PILOT ZONES: THE CHINESE GOVERNMENT BETS ON CROSS-BORDER E-COMMERCE

Cross-border e-commerce trading has been possible so far thanks to the CBEC pilot zones, special areas where companies exporting to China through Chinese cross-border operators have the possibility to enjoy different taxation procedures compared to general trade ports and hubs. Since 2015, when the first of these special areas was established in Hangzhou, China has…