US and China Seek Trade Cooperation Amid Differences

US and China Seek Trade Cooperation Amid Differences

The Ministry of Commerce stated that China and the US have achieved multiple outcomes through five rounds of trade consultations, demonstrating their ability to resolve differences. Looking ahead, China is willing to work with the US to implement the consensus reached by the two heads of state, utilize the consultation mechanism effectively, manage differences, deepen cooperation, and promote the sustained and stable development of China-US economic and trade relations, which is in the interests of both countries and the world.

02/05/2026 Customs Knowledge
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Costeffective Battery Shipping Tips Hungary to China Trade

Costeffective Battery Shipping Tips Hungary to China Trade

This article details the advantages, customs clearance process, packaging essentials, and FAQs of the Hungary dedicated battery sea freight line (tax-unincluded). It aims to help businesses and consumers reduce transportation costs and successfully complete cross-border procurement. Choosing the right logistics solution, preparing customs clearance documents in advance, and ensuring the safe transportation of goods are key to achieving commercial success. The guide provides practical tips for navigating the specific requirements of shipping batteries to Hungary without pre-paid taxes.

02/05/2026 Logistics
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China Proposes Risk Reforms to Boost Global Trade

China Proposes Risk Reforms to Boost Global Trade

In 2007, China proposed to the WTO to promote trade facilitation through risk management. The proposal advocated for reduced inspections, differentiated treatment, and adherence to non-discrimination principles. It also emphasized the importance of addressing the needs of developing countries in the context of trade facilitation. The core idea centered on leveraging risk management techniques to streamline customs procedures and enhance international trade efficiency, while ensuring fairness and inclusivity for all WTO members, particularly those with limited resources.

02/05/2026 Customs Knowledge
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BNBOBOLXSRE SWIFT Code Ensures Secure Global Transfers

BNBOBOLXSRE SWIFT Code Ensures Secure Global Transfers

This article explains the significance of the SWIFT code BNBOBOLXSRE of the National Bank of Bolivia (Banco Nacional de Bolivia) in international remittances. It emphasizes the crucial role of accurately using the SWIFT code to ensure the safety of funds and smooth transactions, providing relevant information to consider when making remittances.

08/12/2025 International Settlement
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