China News Service, Shanghai, March 15 (Reporter: 缪璐) The Shanghai Free Trade Pilot Zone Bonded Area “Shanghai Cross-border Electronic Commerce Demonstration Park”was formally launched on the 15th in the Waigaoqiao Free Trade Zone, Shanghai Pilot Free Trade Zone. Deputy Director of the Committee and Deputy Director of the Free Trade Zone Authority Wang Xinxin stated at the launch ceremony that “The launch of the cross-border e-commerce demonstration park in the bonded area marked the beginning of a new phase of the pilot program for comprehensive reform of cross-border e-commerce in Shanghai, and was also a free trade experiment. Districts took the lead in further testing and deepened reforms.”

In January 2016, the State Council approved the establishment of a national cross-border e-commerce comprehensive pilot zone in 12 cities including Shanghai. As a follow-up measure, in February 2016, the Shanghai Municipal Commission of Commerce and the Shanghai Municipal Development and Reform Commission formally approved the establishment of a Shanghai cross-border e-commerce demonstration park in the China (Shanghai) Pilot Free Trade Zone. The scope includes the Waigaoqiao Free Trade Zone and the outside world. Bridge Bonded Logistics Park, Yangshan Bonded Port Area and Pudong Airport Comprehensive Bonded Area 4 customs special supervision areas.

For the establishment of a Shanghai cross-border e-commerce demonstration park, Li Liang, deputy general manager of Suning Yunshang Group Co., Ltd.'s overseas purchase division, stated that “Shanghai has always wanted to cooperate with the port. Regarding the entire foreign trade, both imports and exports, it's very important." Geographically speaking, Shanghai is closer to Japan and South Korea, two major cross-border product sources.

The main players listed in the cross-border e-commerce demonstration park were Waigaoqiao International Trade Operations Center Company, Waigaoqiao Logistics Center Company, Pudong Modern Industry Company, Eastern Airlines Logistics Company, Free Trade Alliance Development Corporation, and Shenzhen Deepwater Logistics Company.

These construction and operation entities all have relatively complete supporting infrastructure, have a clear service orientation, are in line with the construction standards of the Shanghai cross-border e-commerce demonstration park, and form a good “online and offline” with Shanghai’s cross-border e-commerce public service platform. The docking mechanism can provide integrated support services for enterprises in the park covering “one-stop” services such as filing of commodity companies, logistics clearance, and supervision and connection information.

Shanghai Customs, Shanghai State Inspection and other port monitoring authorities will also actively promote cross-border e-commerce regulatory system innovation, and will be the first in the bonded area to introduce "direct purchase advance import declaration", "low-risk product automatic filing", "inspection and quarantine negative list management" Through a series of facilitation reform measures, a cross-border e-commerce import and export centralization supervision process was established, and a business operation model such as “general import, bonded import, and general export” was formed, which created a highly efficient operation and multiple development for regional cross-border e-commerce. Facilitate the institutional environment.