Chinas Domestic Demand Rises Amid Global Trade Shifts in 2026

Chinas Domestic Demand Rises Amid Global Trade Shifts in 2026

The global trade environment is projected to deteriorate significantly by 2026, posing substantial challenges to China's exports. Insufficient domestic demand is the primary issue, rooted in the ongoing adjustment of the real estate market. Macroeconomic policies are expected to maintain a pro-growth stance, with a more proactive fiscal policy and a flexible monetary policy. Real estate policies will seek a balance between market stability and high-quality development. Expanding domestic demand and deepening reform and opening-up are crucial to addressing these challenges.

China Energy Modernizes Uzbekistans Grid Via EPCF Model

China Energy Modernizes Uzbekistans Grid Via EPCF Model

China Energy Engineering Corporation (CEEC) secured the Navoi-Yoshlik 500kV Transmission and Substation Project in Uzbekistan using the "EPC+F" model. This model effectively alleviates the owner's financial burden and reduces project risks by combining financing and engineering procurement construction. It also promotes the export of Chinese technology, standards, and equipment, providing a new paradigm for infrastructure construction in developing countries. The EPC+F approach offers a comprehensive solution, addressing both the technical and financial aspects of large-scale projects, contributing to sustainable development.

Ebay Adapts Recommerce Strategy for Japans Ecommerce Market

Ebay Adapts Recommerce Strategy for Japans Ecommerce Market

eBay has achieved remarkable success in the Japanese market by focusing on localized operations and promoting the "re-commerce" model, providing valuable experience for cross-border e-commerce businesses. However, eBay still faces cultural challenges such as differences in consumer habits and market competition. In the future, eBay needs to continuously optimize localized services, promote sustainable development, and expand into emerging categories to better adapt to the Japanese market. This includes refining its approach to address unique consumer preferences and navigating the competitive landscape.

WCO Strengthens Zambias Crackdown on Wildlife Trafficking

WCO Strengthens Zambias Crackdown on Wildlife Trafficking

The World Customs Organization (WCO), through the WCO-INAMA project, supports Zambia Customs in enhancing its intelligence capabilities to combat the illegal trade in endangered species. Expert teams provide strategic guidance covering intelligence gathering, analysis, dissemination, risk management, and international cooperation. The project also promotes technology empowerment, aiming to promote Zambia's sustainable development and safeguard its green future. This initiative strengthens Zambia's ability to protect its natural resources and combat wildlife crime, contributing to global conservation efforts and fostering a more secure and sustainable environment.

Niger Adopts WCO System to Streamline Customs Trade

Niger Adopts WCO System to Streamline Customs Trade

The World Customs Organization (WCO) conducted a diagnostic assessment of Niger Customs to enhance its commodity classification and valuation capabilities, aiming to boost African trade. The assessment covered legal frameworks, organizational structures, personnel skills, information technology, and cooperation mechanisms, proposing improvements incorporated into an EU-funded action plan. This initiative aims to harmonize commodity classification standards, facilitating trade and economic development in Niger and across Africa. The focus is on improving efficiency and transparency in customs procedures to promote regional integration and economic growth.

WTO and WCO Partner to Enhance Global Trade Living Standards

WTO and WCO Partner to Enhance Global Trade Living Standards

The Director-General of the World Trade Organization (WTO) emphasized the crucial role of collaboration between trade and customs communities in improving global well-being at the World Customs Organization (WCO) Council meeting. By strengthening information sharing, capacity building, and technological innovation, the WTO and WCO can jointly build a more prosperous, equitable, and sustainable global trading system. This cooperation is essential for facilitating trade, ensuring security, and promoting economic development worldwide. The focus is on streamlining processes and fostering a collaborative environment for mutual benefit.

US Infrastructure Bill Delayed Amid Political Stalemate

US Infrastructure Bill Delayed Amid Political Stalemate

The US surface transportation authorization bill faces another extension. Experts argue that short-term extensions fail to address the core issues. The new administration needs to promptly resolve the Highway Trust Fund's funding shortfall and break the bipartisan gridlock on transportation infrastructure construction. A long-term solution is crucial for sustained economic growth and improved mobility. Failure to act decisively will further exacerbate existing infrastructure problems and hinder future development. The political will to overcome partisan divides is essential to secure a robust and reliable transportation network.

WCO Launches Ecommerce Framework to Boost African Digital Trade

WCO Launches Ecommerce Framework to Boost African Digital Trade

The World Customs Organization (WCO) conducted an online workshop for Eastern, Southern, Western, and Central Africa, focusing on the implementation of the E-Commerce Framework of Standards (E-Commerce FoS). By interpreting the 15 standards and sharing practical examples, the workshop aimed to help African customs seize digital trade opportunities, address challenges, and promote the healthy development of cross-border e-commerce. This initiative seeks to inject new vitality into the African economy by facilitating smoother and more efficient online trade processes across the continent.

Zambia Tax Authority Adopts WCO Tool to Boost Efficiency

Zambia Tax Authority Adopts WCO Tool to Boost Efficiency

With support from the Sida-WCO Trade Facilitation Project, WCO experts assisted the Zambia Revenue Authority (ZRA) in leveraging the Performance Measurement Mechanism (PMM) to enhance strategic decision-making and governance. By establishing a data-driven performance evaluation system, ZRA aims to optimize operational efficiency and achieve customs modernization, ultimately contributing more significantly to Zambia's economic development. The PMM helps ZRA to monitor progress, identify areas for improvement, and ensure that resources are allocated effectively, leading to better trade facilitation and increased revenue collection.

WCO Aids MENA Customs in Trade Boost Via Harmonized System

WCO Aids MENA Customs in Trade Boost Via Harmonized System

The World Customs Organization (WCO) actively supports the implementation of the Harmonized System by customs administrations in the Middle East and North Africa (MENA) region, enhancing trade facilitation. Through workshops on the HS 2017 amendments and promotion of advance rulings, the WCO assists regional customs in improving management and promoting economic development. Future cooperation will focus on capacity building, technical assistance, and long-term planning to address new challenges in global trade. This aims to further streamline processes and boost regional economic growth within the MENA region.