CCTV:

Mr. Li, we know that in early December the cross-border e-commerce policy was further clarified through the press conference, which not only expanded the scope of the tax items, but also expanded the quota for individual transaction limits. Is there any substantial increase in annual data on retail imports and exports of cross-border e-commerce, particularly in December? Thank you.

Li Kuiwen:

Thank you for your attention. Cross-border e-commerce has always been an important area under customs supervision. China's e-commerce law took effect on Jan. 1, 2019, providing legal support for cross-border e-commerce customs supervision, protection of consumer rights and intellectual property rights. The General Administration of Customs actively cooperated with the Ministry of Commerce to study and formulate a new overall supervision plan for cross-border e-commerce after the transition period, and accordingly issued the "Announcement on Matters concerning the Supervision of Retail Imports and Exports in Cross-Border E-commerce", clarifying the scope of cross-border e-commerce supervision and the responsibility of participating subjects. This includes adding a series of new regulatory service measures; and further standardizing and strengthening the supervision of cross-border e-commerce.

There is a piece of data I would like to share with you. In 2018, the total volume of retail import and export commodities through the customs cross-border e-commerce management platform was 134.7 billion yuan, an increase of 50 percent; of which exports were 56.12 billion yuan, an increase of 67 percent; and imports were 78.58 billion yuan, an increase of 39.8 percent.

In the next step, the General Administration of Customs will further improve the information system for cross-border e-commerce retail imports and exports; improve and upgrade tax administration, quota control, and declaration management; and further meet the needs of cross-border e-commerce customs supervisions. This will also better serve internet users. Thank you.

Die Welt：

Would you like to provide us the import and export data on China's trade with Europe, Germany and the Democratic People's Republic of Korea?

Li Kuiwen:

Thank you for your question. Let me first introduce the data on China-EU. Statistics from customs show that China's trade with Europe in 2018 amounted to 4.5 trillion yuan, a year-on-year growth of 7.9 percent. China's exports to the EU totaled 2.7 trillion yuan, a 7 percent increase from last year, while imports from the EU reached 1.8 trillion yuan, up 9.2 percent from the previous year. EU remains China's largest trade partner and the biggest source of imports. China and Europe are important partners in trade. Specific data on China-Germany trade will be released on the customs website, to which you are welcome to refer. Regarding China's trade with the DPRK, I can provide certain data here. According to the customs, China-DPRK overall imports and exports value totaled 16.09 billion yuan, a decrease of 52.4 percent from last year. China's exports to the DPRK reached 14.67 billion yuan, which fell by 33.3 percent, and imports totaled 1.42 billion yuan, an 88 percent drop. The trade surplus expanded 29.9 percent to 13.26 billion yuan. For China-DPRK trade, China customs have always adopted the resolutions of UN Security Council in a comprehensive and strict way. Thank you.

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