Bank of Communications SWIFTBIC Code Explained

Bank of Communications SWIFTBIC Code Explained

This article introduces the SWIFT/BIC code COMMCNSHBBU of Bank of Communications, Co. Ltd. in China, explaining its composition and application. It emphasizes the importance of this code in international remittances and recommends using accurate bank information in transactions to ensure the safety of funds.

WCO and UN Push for Global Trade Data Standardization

WCO and UN Push for Global Trade Data Standardization

The World Customs Organization (WCO) recommends that its member customs administrations transmit trade data based on the Harmonized System (HS) to the United Nations Statistics Division (UNSD). This aims to promote the standardization and interoperability of global trade data. This initiative is significant for improving data quality, strengthening international cooperation, promoting trade facilitation, and fostering sustainable development. Ultimately, it contributes to building a new landscape for global trade data sharing.

Unveiling the Roles and Operational Strategies of the Logistics Information Department

Unveiling the Roles and Operational Strategies of the Logistics Information Department

The Logistics Information Department serves as an information exchange platform between cargo owners and drivers in the modern logistics industry, addressing issues of information asymmetry. By collecting and publishing transportation information, it effectively facilitates transactions between both parties and enhances transport efficiency. Additionally, key steps in its operations include information collection, sourcing expansion, and transaction promotion, which lay a solid foundation for trust and cooperation in the logistics sector.

07/18/2025 Logistics
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Ensuring Integrity and Quality in Beijings New Airport Project Amid Rising Infrastructure Demands

Ensuring Integrity and Quality in Beijings New Airport Project Amid Rising Infrastructure Demands

The new airport construction project in Daxing District, Beijing, has a total investment of 80 billion yuan. To ensure quality and integrity, the local procuratorate has collaborated with the construction command to implement preventive measures against occupational crimes. This includes strict bidding procedures and regular legal education to enhance project transparency and prevent occupational crimes. Future cooperation will further promote legal knowledge learning to ensure a clean construction process.

07/28/2025 Logistics
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WCO IATA Boost Air Cargo Security and Efficiency

WCO IATA Boost Air Cargo Security and Efficiency

The WCO collaborates with IATA to enhance the security and efficiency of air cargo. The WCO emphasizes cooperation in combating illicit trade, promoting digital customs, and advancing risk management practices. This partnership aims to streamline air cargo processes while ensuring compliance and security, ultimately facilitating global trade and economic growth. The focus is on leveraging technology and collaboration to create a more secure and efficient air cargo environment.