Jingdong And Japan Yamato Cooperation Logistics Products Arrive 4 Days Fastest

It is reported that

(YAMATO HOLDINGS) will cooperate with China Jingdong group.

Chinese consumers place orders online, and goods can be delivered to Japan within 4 days of the fastest shipment.

In China, the intermediate layer with purchasing power has increased dramatically, and cosmetics and daily necessities made in Japan are popular because of the quality assurance.

Japanese logistics companies provide cross border express, which can bring more business opportunities to Japanese companies.

Reported that in China, Yamato will be cumbersome customs clearance procedures, thereby reducing the delivery time.

From Japan to China, all procedures are handled by Yama, and is handled by China Post Group in China.

China post is a partner of Yamato. Its pportation network is all over the country.

Prior to that, most Japanese online stores commissioned logistics companies to deliver goods, and the average time from the order to delivery was 8 days.

Yamato will effectively use the bonded warehouses in Shanghai, China, and reduce the cost of adding value tax and import tariffs to bring goods to China.

In general cosmetics, for example, the delivery costs can be reduced by 20% to 30% compared with the delivery of goods by companies respectively.

Yamato hopes to make Jingdong a breakthrough and increase cooperation with Chinese Internet distributors.

The report said that as China's purchasing power has increased dramatically, the cross-border e-commerce market has also been expanding.

More and more Japanese companies such as Kwang and lion choose to open shop in China.

In 2015, sales of goods from Japan amounted to around 800 billion yen (about 47 billion yuan), equivalent to that of Chinese tourists visiting Japan.

It is also predicted that 1 trillion and 400 billion yen will be reached in 2018 (about 82 billion 200 million yuan).

China's online shopping market accounts for 20% of the world's share, second only to Alibaba group.

Because Japanese products are popular, Jingdong group also set up shopping channels for Japanese goods.

Shen Haoyu, director of Jingdong mall, stressed that Japanese products have a high international reputation, and the demand for Chinese consumers will continue to grow in the future.

Yamato and Jingdong will also cooperate to support Japanese enterprises in opening online stores in Jingdong.

For Japanese SMEs who have just opened a shop in Jingdong, Jingdong will publish advertisements on social networking sites free of charge.

China's industrial policy adjustment will also bring benefits to Japanese companies that sell goods on Chinese shopping websites, the report said.

China's Ministry of Finance expects to adjust the way of Taxation on cross-border e-commerce pactions on the 8 th.

Tax-free imports of individual goods are reduced, and foreign enterprises which pay taxes according to general trade rules are more equitable.

Government take

After that, the investigation and handling of counterfeit goods will also be strengthened.

Others believe that the cooperation between Japanese enterprises and the "formal shopping platform" such as Jingdong will be in a better position.