China Advances Yuan Internationalization with New Policies

China Advances Yuan Internationalization with New Policies

PBOC Governor Pan Gongsheng stated that China will steadily promote RMB internationalization by upgrading the cross-border payment system, deepening international cooperation, and enhancing financial regulatory capabilities. These efforts aim to provide enterprises with a more convenient, secure, and efficient cross-border transaction environment and enhance the voice of developing countries in the international financial system. The focus is on facilitating trade and investment while strengthening China's role in global finance.

02/03/2026 International Settlement
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Guide to Streamlining B2B Sourcing in China

Guide to Streamlining B2B Sourcing in China

This article provides a guide to B2B procurement in China, covering stages like needs definition, platform selection, sample evaluation, terms negotiation, quality verification, and shipment acceptance. It emphasizes precise requirements, quality control, and risk management. The aim is to help businesses efficiently and safely procure goods from Chinese manufacturers, enhancing their supply chain competitiveness. This guide provides practical steps to ensure a successful procurement process, mitigating potential challenges and optimizing outcomes when sourcing from China.

02/05/2026 Logistics Encyclopedia
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China Trade Directory Boosts Global Commerce Efficiency

China Trade Directory Boosts Global Commerce Efficiency

This paper analyzes the significance of China's trade directory in global trade, highlighting its crucial role in optimizing export structure, enhancing trade trust, and responding to market changes. Faced with the challenges of slowing global trade growth and supply chain restructuring, the trade directory needs continuous innovation to help Chinese enterprises consolidate their core position in the global industrial chain. It emphasizes the directory's potential to empower businesses with data-driven insights for strategic decision-making and resilience in a dynamic global marketplace.

02/05/2026 Logistics Industry Insights
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China Strengthens CCC Certification for Product Safety

China Strengthens CCC Certification for Product Safety

The State Administration for Market Regulation announced adjustments to the CCC certification model for 16 product types, transitioning from self-declaration to third-party certification and evaluation, effective January 1, 2027. Businesses should pay attention to the timeline and complete the certification transition in advance to ensure product compliance with the new regulations, enhance product safety, and improve market competitiveness. This shift aims to strengthen consumer protection and ensure higher standards for product safety.

02/05/2026 Customs Knowledge
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Crossborder Ecommerce Faces Logistics Challenges in China

Crossborder Ecommerce Faces Logistics Challenges in China

This article delves into the misuse of the keyword combination "Huawei Lijiang" in cross-border e-commerce, revealing the underlying risks and compliance operation strategies. It emphasizes the importance of brand compliance and cultural empowerment, providing practical advice for sellers to avoid infringement risks and enhance product competitiveness. The analysis highlights the need for careful brand management and understanding of cultural nuances to ensure legal and ethical business practices in the global marketplace. Ultimately, it aims to guide sellers towards sustainable and responsible growth.

02/05/2026 Customs Knowledge
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Guide to Tracking China Post Sea Shipments

Guide to Tracking China Post Sea Shipments

Tired of waiting for your postal sea shipping package? This article provides a comprehensive guide to postal sea shipping logistics inquiries, covering various query channels such as the official website, SMS, WeChat, and Alipay, as well as exclusive EMS query methods. It also includes an analysis of factors affecting sea shipping timeliness and practical tips to help you stay informed about your package's status and say goodbye to anxious waiting. Track your package easily and efficiently with these helpful resources.

02/05/2026 Logistics
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Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

Korean Shipping Industry Faces Challenges: Acquisition of Mega Container Vessels Becomes Key

The South Korean shipping industry is facing immense competitive pressure, with two major shipping companies urgently needing to procure ultra-large container ships to enhance their market competitiveness. Currently, the industry is suffering from severe overcapacity, and declining freight rates are impacting the profitability of shipping firms. Furthermore, officials do not support the merger of the two companies, emphasizing the need for voluntary principles to ensure market diversity and stability.

07/21/2025 Logistics Industry Insights
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Choosing Shipping Companies and Considerations in Bill of Lading Processing on Southeast Asia Routes

Choosing Shipping Companies and Considerations in Bill of Lading Processing on Southeast Asia Routes

This article discusses the requirements of different shipping companies in the Southeast Asia routes regarding bill of lading processing. It highlights that most shipping companies allow handling according to the actual cargo, reducing the demand for container seal numbers and gross weight. It also emphasizes the importance of confirming the bill of lading processing method with the shipping company before operations to effectively address the complexities in freight forwarding business.

07/18/2025 Logistics Encyclopedia
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Singapores Ship Registry Hits 100 Million Gross Tonnage Milestone

Singapores Ship Registry Hits 100 Million Gross Tonnage Milestone

Singapore's ship registry has surpassed 100 million gross tons, solidifying its position as an international maritime center. By attracting global shipping players and embracing green technologies, Singapore is committed to building a more competitive and sustainable maritime hub, injecting new vitality into the global shipping industry. The milestone underscores Singapore's dedication to innovation and environmental responsibility within the maritime sector, positioning it as a leader in shaping the future of shipping.

01/16/2026 Logistics
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Guide to Canadas Maritime Trade and Port Operations

Guide to Canadas Maritime Trade and Port Operations

This article provides a detailed guide on using Canadian marine shipping inquiry websites for port information lookup, vessel tracking, shipping schedule retrieval, freight rate comparison, and cargo tracking. Mastering these techniques can help shippers and logistics companies better manage international trade transportation, reduce costs, and improve efficiency. It covers essential aspects of navigating these websites to obtain real-time data and optimize shipping operations within the Canadian maritime landscape.

01/26/2026 Port Encyclopedia
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