Deep Dive 12 minutes PremiumChinese Demand for Cross-Border E-Commerce Booms but Looming Tax Reforms are a Cloud on the Horizon Coresight Research June 20, 2018 Executive SummaryChinese shoppers’ appetite for imported products continues to grow apace. We review the current state of the cross-border e-commerce market, note the factors supporting demand and look at forthcoming tax changes that will impact cross-border sales. E-commerce imports into China more than doubled in 2017, according to the country’s customs authority, the General Administration of Customs. Consumer packaged goods (CPG) categories such as food, baby products and beauty products consistently top the rankings of what Chinese shoppers buy from international sellers online. The Chinese government has repeatedly delayed implementing tax changes that would make cross-border shopping less favorable to consumers. However, these changes, now slated for the end of 2018, could soften growth in cross-border e-commerce sales slightly in 2019. Despite this potential cloud on the horizon, we see sustained opportunities for Western retailers to cater to Chinese demand for trusted brands in certain CPG categories. We believe the underlying drivers of cross-border e-commerce remain solid. Chinese consumers will continue to seek out trusted brands and retailers as a guarantee of authenticity, particularly in CPG categories, and rising incomes mean that more and more Chinese consumers are being pulled into the catchment for cross-border e-commerce purchases each year. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: Global Economic Outlook Looking More Positive: What’s NewEssential Guide to Shoptalk 2024: Strategies and Opportunities Across Five Retail ThemesApril 2023 US Housing Market Indicators: All Home Sales See Year-Over-Year DeclinesHow Data Sharing and Collaboration Can Accelerate Decision-Making and Enhance Sustainability