The Scope Of Cross Border E-Commerce Foreign Exchange Payment Has Been Extended To The Whole Country.

Wang Yungui, director general of the comprehensive administration of the State Administration of foreign exchange, said at the first quarter policy press conference that the cross border e-commerce pilot business of foreign exchange payment has begun to take shape, for businesses and individuals.

"Cross border online shopping activities provide convenient payment support.

In 2014, the payment agencies accumulated a total of 1 billion 700 million US dollars in revenue and expenditure through pilot businesses.

From 1 to February 2015, the related revenue and expenditure scale reached US $610 million.

In 2013,

In the 5 regions of Shanghai, Beijing, Chongqing, Zhejiang and Shenzhen, we have launched a pilot scheme of cross-border e-commerce payment for foreign exchange, allowing payment agencies to concentrate on small businesses, domestic air tickets, hotels, overseas students, and other related foreign exchange receipts and payments.

On this basis, in January 2015, the foreign exchange bureau further promoted the pilot business.

Wang Yungui said that the foreign exchange bureau extended the pilot area to the whole country, simplifying the foreign exchange payment process and improving it.

The single paction limit increased from $10 thousand to $50 thousand.

At the same time, adhere to the principle of customer real name system and paction data collection one by one, and effectively prevent the risk of abnormal pactions.

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Nowadays, many consumers choose to buy clothes on the shopping website, which are rich in variety and the price is more substantial than the physical stores. Especially, some fashionable imported garments are also very popular.

The Zhejiang entry-exit inspection and Quarantine Bureau recently conducted supervision and spot checks in view of the quality of imported apparel, but the result was not optimistic.

The Zhejiang entry exit inspection and quarantine department first explored the use of online purchasing samples to conduct spot checks on imported products from the network sales. It mainly conducted a supervision and spot check on the garments that were widely sold, with specific operating companies and products showing imports. Altogether, 16 batches of imported garments were investigated.

It is understood that the Zhejiang entry-exit inspection and Quarantine Bureau on the main business platform randomly selected larger sales, reputable merchants, extracted the Korean lady's skirt imports.

All samples were sent to Zhejiang inspection and Quarantine Science and Technology Research Institute and tested in strict accordance with national standards.

The test results showed that a group of samples of toxic and harmful substances formaldehyde exceeded the standard, may cause harm to the human body, the nine batch of products fiber content is not qualified, not truthfully label ingredients of fabrics, there is a fraud consumer behavior.

In addition, the identification of the 16 batches of samples is not in line with the mandatory standard requirements of our country, that is to say, the pass rate of the spot checks is zero.

Zhejiang entry-exit inspection and Quarantine Bureau has delivered the result to the electronic business platform, and the AQSIQ has established a cross border e-commerce risk monitoring point in Zhejiang. The next step will be to strengthen the quality inspection of imported products on the Internet.