BEIJING, April 9 (Xinhua) -- China's tighter restrictions1 on overseas purchases may narrow the price differential of luxury goods between China and the rest of the world, encouraging consumers to spend more domestically and benefit local retailers3, says Fitch Ratings in a latest report.
Starting on Friday, overseas
retail2 goods bought online would no longer be treated as personal
postal4 articles, which enjoy tax rate lower than that on other imported goods. Instead, those overseas purchases will be charged in the same way as any other imported goods, according to the new rules.
New tax rules on overseas buying to benefit Chinese retailers: Fitch
Fitch says domestic department store operators and luxury goods retailers are among the key beneficiaries of the restrictions. The measures may create a more level playing field for domestic retailers if enforcement is strict and not short-lived, it
noted5.
Cross-border e-commerce has been booming in China. The
Ministry6 of Commerce predicted the volume of cross-border e-commerce in 2016 will reach 6.5 trillion yuan (1 trillion U.S. dollars) and will soon account for 20 percent of China's foreign trade.
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收听单词发音
1
restrictions
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约束( restriction的名词复数 ); 管制; 制约因素; 带限制性的条件(或规则) |
参考例句: |
- I found the restrictions irksome. 我对那些限制感到很烦。
- a snaggle of restrictions 杂乱无章的种种限制
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2
retail
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v./n.零售;adv.以零售价格 |
参考例句: |
- In this shop they retail tobacco and sweets.这家铺子零售香烟和糖果。
- These shoes retail at 10 yuan a pair.这些鞋子零卖10元一双。
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3
retailers
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零售商,零售店( retailer的名词复数 ) |
参考例句: |
- High street retailers reported a marked increase in sales before Christmas. 商业街的零售商报告说圣诞节前销售量显著提高。
- Retailers have a statutory duty to provide goods suitable for their purpose. 零售商有为他们提供符合要求的货品的法定义务。
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4
postal
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adj.邮政的,邮局的 |
参考例句: |
- A postal network now covers the whole country.邮路遍及全国。
- Remember to use postal code.勿忘使用邮政编码。
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5
noted
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adj.著名的,知名的 |
参考例句: |
- The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
- Jim is noted for arriving late for work.吉姆上班迟到出了名。
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6
ministry
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n.(政府的)部;牧师 |
参考例句: |
- They sent a deputation to the ministry to complain.他们派了一个代表团到部里投诉。
- We probed the Air Ministry statements.我们调查了空军部的记录。
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