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Merchant

Chinese marketplace comparison

By 10/08/2018September 11th, 2020No Comments

Thinking of launching your business in China? Cross Border E-Commerce (CBEC) would be the best entry model for most Australian brands.

There are good reasons why cross border e-commerce is the best entry mode to Chinese market:

  • Legal Aspect: China has stringent, complex regulation for import, and most likely your products are not yet certified to do official import.  It may take over 6 months for a product to obtain its certificate to be qualified for official import.
  • Cost Aspect:  Products that in the CBEC allowed (preapproval) categories are exempt from normal import tax and GST (17%) and consumption tax (70%). CBEC import model is applicable to a lower rate 60% if need to do custom clearance. CBEC personal parcels under RMB2000/shipment are exempt from custom duties, so it is a great save for consumers to purchase from overseas marketplace.
  • Logistics issue:  Currently in Australia there are logistics companies competing with each other, shippers will have the privilege to choose from them and use their bonded warehouse service before establishing a Chinese operation to handle these queries.

For those who are seeking to sell products online to Chinese consumers, here is a comparison of SyndeyDirect with JD, and Tmall.

 

SydneyDirect logo
Country of OriginHongKong (China)HongKong (China)Australia
DomainJD.hk not JD.comTmall.hk not Tmail.comSydneyDirect.com.au
Support languageChineseChineseEnglish interface and Chinese content.
Support currencyRMBRMBAUD, RMB, multi-currency interface.
Cost to open a storeUSD15,000 security bond +USD1,000 annual feeAUD60,000 security bond + AUD6,000  annual feeAccount fee from AUD990.
Complexity to setupdifficultdifficultThrough comprehensive Vendor Dasboard with great support.
Target marketChinaChinaChinese comsumers in Australia, China & Worldwide
China Payment GatewaysyesyesAlipay, WechatPay
PayPalnonoYes
Translation serviceNANAYes
Marketing serviceNANAYes. Standard merchant packages.

SydneyDirect is best marketplace for Australian SME companies wish to develop Chinese market. Sign-up now and Become Vendor,

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