Management of Cosmetics in Cross Border eCommerce

0:20 General trend in cross-border e-commerce
1:04 Registration-free period

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Script:
Current regulatory requirements are mainly for offline cosmetics. With the development of social economics, some new economic patterns appeared, such as the cross-border e-commerce. In 2016, there were some new policies issued for the cosmetics imported via cross-border e-commerce, such as the new tax policy, and the import retailing product list of the cross-border e-commerce. It was mentioned that cosmetics imported via cross-border e-commerce have to be registered at the offline cosmetics in terms of the positive list. In May (2016), another official file issued that the online shopping bonded cosmetics can be imported without the cosmetics registration in 10 cities before May 11, 2017. In November 2016 this transition period was extended to the end of 2017. In September 2017, another file was issued in the state council executive meeting that the transition period was extended again to the end of 2018. So that means that the cosmetics imported via cross-border e-commerce will be managed as offline cosmetics in 2019.