Worth noting, however, is that while the collaboration between e-commerce platforms and logistics companies reduces costs by avoiding bonded warehouse expenses in China, there is a trade-off in terms of time. It may take approximately 1-2 weeks to pass through customs procedures, far longer than the 1-2 days required for importing through bonded warehouses.
Whichever category they choose, Thai businesses have a significant opportunity in the growing Chinese CBEC market, given the high demand for various Thai products such as processed foods, ready-to-eat meals, snacks, health products, fresh fruits, cosmetics, and natural skincare products.
By increasing their presence in CBEC and focusing on products with a Thai identity that have the potential to appeal to Chinese consumers, Thai entrepreneurs can expand their sales and market share in China.
Trading through CBEC offers tax…