BEIJING James Bradberry Hat , March 27 (Xinhua) -- China will change the tax rules on online retail goods from April 8 to level the playing field for e-commerce platforms and traditional retailers and importers.
Retail goods purchased online will no longer be classified as "parcels," which enjoy a "parcel tax" rate, lower than that on other imported goods. Instead, online purchases from overseas will be charged in the same way as any other imported goods Taylor Moton Hat , the Ministry of Finance (MOF) announced on Thursday.
"Parcel tax is not for trade purposes, which is exactly what online retailing is. It is unfair to conventional importers and domestic producers," said Zhang Bin of the Chinese Academy of Social Sciences.
China levies parcel tax on imported goods worth less than 1,000 yuan (150 U.S. dollars) Ian Thomas Hat , and the rates is mostly 10 percent. Taxes under 50 yuan are waived. As demand for overseas goods grows, online purchasing agents have taken advantage of parcel tax and used new methods such as repackaging and mailing products separately to avoid tax.
The new policy only allows a maximum of 2,000 yuan per single cross-border transaction and a maximum of 20,000 yuan per person per year. Goods that exceed these limits will be levied the full tax for general trade Donte Jackson Hat , the MOF said.
According to a 2015 survey by Amazon China on online imports, most buyers are under 35 and around 90 percent have a college education. More than half earn more than 5,000 yuan per month.
The new policy will speed up customs clearance so consumers will receive most orders from overseas within two weeks, instead of the current two months.
Cross-border e-commerce has been booming in China. The country plans to set up more cross-border e-commerce pilot zones to attract businesses DJ Moore Hat , create jobs and nurture new business models that will boost foreign trade and stimulate the economy, the State Council announced in January.
The expansion of the pilot zones came at a time when the country is facing sluggish foreign trade. Total export and import value for 2015 decreased 7 percent year on year, falling for the first time in six years.
The Ministry of Commerce predicted the volume of cross-border e-commerce in 2016 will reach 6.5 trillion yuan and will soon account for 20 percent of China's foreign trade.
WAN Optimization Accelerates Application Performance Published: 07.05.2010 | Author: jhonwilliamsd | Category: Networks
Faster application performance ensures that a business effectively renders quality services to its employees and customers. WAN optimization is essential to businesses that are using network applications at its headquarters to stay in touch with branches at remote locations through WAN. WAN optimization enhances the application performance by techniques like bandwidth management, caching Greg Olsen Hat , compression, and Protocol optimization and significantly accelerates application performance.
Benefits
Improves Productivity
Slow speed of application performance really hampers the employee productivity and customer satisfaction. Use of WAN optimization techniques accelerates the applications over the WAN, speeds up the data transfer and reduces the end-user application response time. This in turn makes transactions faster thereby leveraging the employee productivity. WAN optimization reduces the time taken to complete repetitive operations and helps in increasing employee productivity.
The employees waiting for long time to get a transaction done or download a file can not give prompt service to the customers and it results in unsatisfactory customer experience. By eliminating the network problems and reduced throughput, the remote employees can access the network applications that are installed on other locations at a faster rate. Accelerating the applications over the WAN also helps the mobile workers making it easy for them to cater their services to consumers.
Reduces Bandwidth Cost
Using WAN optimization techniques like bandwidth managementQoS Kawann Short Hat , caching, compression, and Protocol optimization can significantly reduce the usage of bandwidth which in turn pulls down the network costs.
In Bandwidth Management, limits are set on network applications as to how much bandwidth they can use. This ensures maximum utilization of existing bandwidth by critical applications without providing additional bandwidth Trai Turner Hat , saving considerable amount of money.
In Caching, the copies of important files are stored in multiple locations. The users need not have to download these large files every time thereby reducing the bandwidth utilization.
Protocol optimization decreases the transmission delays thereby increasing overall speed of transmission and transaction response.
Compression techniques help to reduce size of the data thus saving time of transmission. Compression helps to send data in a faster way thus increasing reducing load on communication links.
Compression and caching together help keep the communications link uncongested and reduces queuing delays.
All these factors reduce bandwidth usage which in turn reduces cost. WAN optimization allows users to access WAN applications at speeds similar to a LAN.
WAN optimization accelerates application performance by eliminating issues like redundant file transmissions, chatty protocols, network latency Ryan Kalil Hat , packet loss etc. WAN optimization ensures consolidation of IT infrastructure of the business at remote locations thereby ensuring higher productivity at remote offices. Using WAN optimization, the businesses can reduce remote office infrastructure cost by effectively centralizing applications, data storage, and server at data centers.
WAN optimization techniques increases transaction speed Luke Kuechly Hat , improves productivity, and reduces bandwidth cost enabling businesses to be competitive and focus on newer markets. WAN optimization i. Cheap Jerseys China Cheap Jerseys Wholesale Cheap Soccer Jerseys Cheap MLB Jerseys From China Cheap Authentic NHL Jerseys Cheap NFL Jerseys Online Cheap NCAA College Jerseys Wholesale Jerseys Wholesale Jerseys Free Shipping Cheap College Baseball Jerseys