After more than a month of testing, the cross-border e-commerce platform of the China (Shanghai) Pilot Free Trade Zone (FTZ) started its dry run on November 18.
A total of 101 products are now being sold through Buyeasi.com, with prices around 30-percent lower than in stores, almost as low as those offered by online shopping agents based overseas.
The website requires that tariffs be added to sale prices, with tariff rates varying according to product category. For example, the tariff imposed on bags is 10 percent, while that for cosmetics is 30-50 percent.
Products on Buyeasi.com fall into two main categories. One category mainly includes luxury items, which are delivered to customers from the FTZ.
Buyeasi.com also sells skincare products supplied directly from overseas. Customers who purchase such products via the portal will receive their package direct from the overseas supplier within three or four days. |