Global e-commerce to boost imports

BEIJING - A new policy to be announced soon will allow consumers in China to buy more high-quality imported products via cross-border e-commerce, according to a report in the Economic Information Daily.

Some 63 categories of products will be added to the list of duty-free goods via cross-border e-commerce platforms, covering more high-demand consumer goods such as electronics, small home appliances, food and healthcare products, according to the newspaper's report published late last month.

Goods on the list have so far enjoyed zero tariffs within a set quota and had their import value-added tax or VAT and consumer tax collected at 70 percent of the statutory taxable amount.