China Customs Advances Global Trade Via WCO Revenue Plan

China Customs Advances Global Trade Via WCO Revenue Plan

China Customs actively participates in the World Customs Organization's Revenue Package Programme, sharing its experience in valuation control to provide a reference for customs administrations in developing countries. Through measures such as risk management, information sharing, technology application, and capacity building, the valuation control system of China Customs contributes to the healthy development of global trade. This involvement showcases China's commitment to trade facilitation and its willingness to assist other nations in improving their customs valuation practices.

Mexico Establishes Railway Authority to Strengthen Trade with China

Mexico Establishes Railway Authority to Strengthen Trade with China

Mexico has established ATTRAPI to promote standardization in railway logistics and boost intermodal transportation. Plans include building 3,000 kilometers of new passenger rail lines, aiming to improve logistics efficiency. This initiative is expected to benefit trade between China and Mexico by streamlining the movement of goods and reducing transportation bottlenecks. The focus on railway infrastructure and standardized processes is anticipated to create a more robust and reliable supply chain for both countries.

China Opposes EU Carbon Border Tax As Trade Barrier

China Opposes EU Carbon Border Tax As Trade Barrier

China's Ministry of Commerce has expressed concerns regarding the EU's Carbon Border Adjustment Mechanism (CBAM), arguing that its design exhibits trade protectionist tendencies and unfairly impacts Chinese exports. China emphasizes the principle of "common but differentiated responsibilities" and urges the EU to adhere to international rules, abandon protectionism, and jointly promote green trade and investment. China also stresses the importance of maintaining the stability of global supply chains.

Vietnam Tightens Forex Rules Amid Trade Strain With China

Vietnam Tightens Forex Rules Amid Trade Strain With China

The Vietnamese Dong continues to depreciate, and new foreign exchange regulations will take effect on February 9th, cracking down on illegal currency exchange and raising the threshold for cash declaration at entry and exit. These changes will increase the cost and compliance risks associated with trade with Vietnam. Businesses should closely monitor exchange rates, choose compliant currency exchange channels, and understand the new regulations to address the challenges. Companies need to be aware of the impact on their business operations and ensure adherence to the updated rules.

US and China Report Trade Progress After Highlevel Talks

US and China Report Trade Progress After Highlevel Talks

U.S. Treasury Secretary Janet Yellen stated that she had a constructive call with Chinese Vice Premier He Lifeng regarding the implementation of the US-China trade agreement, noting positive progress. This high-level dialogue demonstrates both sides' commitment to maintaining and advancing the trade agreement, contributing to global trade stability. The discussion focused on the current state of the agreement and future steps to ensure its continued success, highlighting the importance of ongoing communication and cooperation between the two economic powerhouses.

Singaporechina Shipping Options Customs and Timelines Explained

Singaporechina Shipping Options Customs and Timelines Explained

This article provides a comprehensive analysis of the various aspects of shipping from Singapore to China. It covers the selection of diverse delivery channels, customs declaration considerations, secure packaging methods, estimated delivery times, and tracking options. The aim is to offer users a practical guide that helps them complete international shipping efficiently and conveniently. It addresses key concerns regarding Singapore Post and international express services, while also highlighting important factors related to China's customs duties and regulations for smooth and compliant delivery.