The Detailed Implementing Rules for Zhongshan's Business Development Special Fund (Cross-border E-commerce Projects) issued by the Zhongshan Bureau of Commerce have taken effect and will be valid for 3 years.
The rules specify the contents and standards of the incentives. The special fund will be used to encourage enterprises to build cross-border e-commerce trading platforms, to expand the scale of the cross-border e-commerce business, to achieve integrated development of online and offline practices, and to build overseas warehouses for cross-border e-commerce.
The rules also support enterprises in building fully proprietary cross-border e-commerce trading platforms. If a platform meets relevant requirements and has a trading volume of at least US$1 million, its operators can be rewarded with an annual maximum reward of 5 million yuan. At the same time, enterprises are supported to build non-proprietary cross-border e-commerce trading platforms. For those eligible platforms that successfully attract cross-border e-commerce enterprises , the operators are able to be rewarded with an annual maximum of 5 million yuan.
In order to encourage the integration of online and offline development, operators of bonded exhibition and sales centers set up in Zhongshan under the approval of the customs may receive a one-time reward of 100,000 yuan if the bonded import sales amount reaches US$1 million and the other relevant conditions are met.
In terms of overseas warehouse construction, according to the rules, a one-time incentive of 3 million yuan will be rewarded to operators of new national-level cross-border warehouse construction projects and 2 million yuan will be rewarded to provincial-level cross-border warehouse construction projects.