China Calls for WTO Reform at Davos Meeting

China Calls for WTO Reform at Davos Meeting

At the WTO mini-ministerial meeting, China's representative Li Chenggang emphasized the urgency of WTO reform and proposed a pragmatic Chinese approach, including formulating a reform plan, incorporating the Investment Facilitation Agreement, and extending e-commerce tariff exemptions. Participants affirmed the WTO's role and supported reform. China's active participation aims to reshape the future of multilateral trade and promote global economic development. The proposals highlight China's commitment to a more efficient and inclusive global trading system. The focus is on practical solutions and cooperation to revitalize the WTO.

02/03/2026 Customs Knowledge
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Lotte China Tourism Group Eye Postpandemic Dutyfree Growth

Lotte China Tourism Group Eye Postpandemic Dutyfree Growth

Executives from Lotte Duty Free and China Tourism Group Duty Free Corporation (CTG Duty Free) met to revitalize the duty-free industry and prepare for increased Chinese tourists as Sino-Korean relations improve. Both companies shared operational expertise and discussed tourism cooperation. Lotte is proactively planning marketing campaigns to capitalize on the market benefits of visa-free policies. The meeting signals a collaborative effort to leverage the anticipated growth in Chinese tourism within the duty-free sector.

02/03/2026 Logistics Industry Insights
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Hong Kong Facilitates Turkish Luxury Trade with China

Hong Kong Facilitates Turkish Luxury Trade with China

This article delves into the strategy of purchasing luxury goods in Turkey and transshipping them to China via Hong Kong. It analyzes the advantages of Hong Kong as a transshipment hub and compares the pros and cons of different transportation methods, including international express, postal parcels, and dedicated line logistics. The article also emphasizes the importance of customs clearance compliance and risk control measures. It aims to provide professional insights for cross-border e-commerce practitioners and consumers.

02/03/2026 Logistics
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US Port Traffic Drops As China Trade Slows

US Port Traffic Drops As China Trade Slows

A Descartes report indicates a significant drop in US port throughput in May, with China's import share hitting a two-year low, primarily due to trade friction and tariff policies. Supply chain diversification is accelerating, posing challenges for West Coast ports while creating opportunities for East Coast ports. Businesses should diversify sourcing strategies. Governments need to uphold a multilateral trading system to mitigate negative impacts and foster stable global trade.

02/04/2026 Logistics
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Etsy Restores China Sellers After DAC7 Compliance Issue

Etsy Restores China Sellers After DAC7 Compliance Issue

Etsy's DAC7 policy requires sellers to confirm their information, causing issues for established mainland China shops due to tax ID problems. After communication with Etsy, they acknowledged a technical issue and restored the shop, advising that confirmation is temporarily unnecessary. This article analyzes the cause of the problem, proposes coping strategies, and recommends sellers pay attention to policies, actively communicate with Etsy, and join relevant communities. This helps navigate potential disruptions caused by the DAC7 implementation and ensures continued operation on the platform.

02/05/2026 Logistics Industry Insights
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China Launches Singledocument System to Streamline Crossborder Trade

China Launches Singledocument System to Streamline Crossborder Trade

China Customs' new policy on the 'Single Window System' for customs clearance streamlines multimodal transport, reduces business costs, and improves logistics efficiency. By implementing 'single declaration, single pass,' the policy enables seamless transitions between different modes of transport, optimizes end-to-end supervision, and promotes high-quality development in cross-border logistics. This injects new momentum into China-Europe freight trains and inland ports, building a more efficient and convenient international logistics channel. The initiative aims to facilitate trade and enhance the competitiveness of Chinese businesses in the global market.

02/05/2026 Logistics
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China Standardizes Medical Consumable Fees for Refined Management

China Standardizes Medical Consumable Fees for Refined Management

By 2026, medical consumables management enters an era of precision. Several regions, including Henan, have released chargeable medical consumables catalogs and updated medical insurance catalogs, linking them to centralized procurement results, project guidelines, and payment policies. Medical insurance payment is becoming more refined, with local governments setting price limits and differentiated co-payment ratios. At the national level, unified management is being promoted. Enterprises need to adapt to policy changes and adjust their product strategies.

02/05/2026 Logistics Industry Insights
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China Expands Global Pharma Access Through Healthcare Reforms

China Expands Global Pharma Access Through Healthcare Reforms

China's National Healthcare Security Administration supports the development of cross-border pharmaceutical trading platforms to reduce the cost of procuring Chinese pharmaceutical products in Southeast Asia, Central Asia, and other regions. By integrating online and offline centralized procurement systems, the initiative promotes the globalization of domestically produced pharmaceuticals and medical devices, enhances the international competitiveness of China's pharmaceutical industry, and benefits more developing countries. This aims to provide affordable and quality healthcare products to a wider population.

02/05/2026 Customs Knowledge
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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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Documentary Explores Cultural Ties Between China and Cuba

Documentary Explores Cultural Ties Between China and Cuba

The documentary "Eastbound" premiered, commemorating the 65th anniversary of China-Cuba diplomatic relations, showcasing the deep friendship and cultural integration between the two countries. American Hummingbird Cultural Tourism Group assisted in the filming, reflecting the practice of Chinese-funded enterprises promoting cultural exchange in Latin America. The film traces historical connections and presents the integration of Chinese culture in Cuba. It has received high praise from both Chinese and Cuban officials and serves as a model of bilateral cooperation.

02/05/2026 Logistics Industry Insights
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