Customs General Administration And Ningbo Shipping Exchange Deepen Cooperation To Promote Global Trade Index Development

Customs General Administration And Ningbo Shipping Exchange Deepen Cooperation To Promote Global Trade Index Development

The General Administration of Customs' Global Trade Monitoring and Analysis Center has signed a memorandum of cooperation with the Ningbo Shipping Exchange to engage in in-depth collaboration in global trade research and index construction. This partnership aims to leverage big data analysis to enhance the responsiveness of trade markets and support the development of both domestic and international trade.

07/28/2025 Logistics
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Guide to Avoiding Port Cargo Detention Fees

Guide to Avoiding Port Cargo Detention Fees

This article provides a detailed analysis of the complete process of ocean freight bill of lading exchange at the destination port. It covers the steps including pre-exchange preparation, application submission, agent review and fee settlement, and the retrieval of the delivery order. The article also lists the basic and special documents required for the exchange. Furthermore, it emphasizes the precautions in the exchange process, aiming to help consignees successfully complete the exchange and avoid additional costs.

01/15/2026 Logistics Encyclopedia
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HS Code and Tariff Rates Set for 1chloro11223pentafluoropropane

HS Code and Tariff Rates Set for 1chloro11223pentafluoropropane

Pentafluorochloropropane (HS code 2903491041) has become increasingly important in global trade. This code expired in December 2018, but the tax rate for imports and exports remains at zero, simplifying trade processes. Industry players should pay attention to changes in tax rate policies to ensure compliance and maximize benefits.

07/09/2025 HS Code Query
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NZ Dollar Slumps Against British Pound Amid Yearlong Decline

NZ Dollar Slumps Against British Pound Amid Yearlong Decline

The New Zealand Dollar has depreciated nearly 8% against the British Pound over the past year, experiencing significant volatility. Investors should closely monitor economic data and policy developments and carefully assess the risks involved. Fluctuations have been pronounced, requiring vigilance in managing exposure to this currency pair. Understanding the underlying drivers of these movements is crucial for informed decision-making and mitigating potential losses.

09/01/2025 Exchange Rate Query
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Tiktok Shop Adds Alipay for Crossborder Payments

Tiktok Shop Adds Alipay for Crossborder Payments

TikTok Shop now supports topping up cross-border deposits via Alipay and Payoneer, benefiting merchants in the UK and Southeast Asia. This update details the deposit currency, payment process, and important notes, aiming to help sellers complete deposit payments more conveniently and efficiently, ensuring smooth store operations. This new feature simplifies the process of fulfilling the deposit requirements for sellers expanding their TikTok Shop presence internationally.

01/05/2026 Logistics
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Sofi Simplifies Crypto Conversions Amid Growing Digital Asset Demand

Sofi Simplifies Crypto Conversions Amid Growing Digital Asset Demand

SoFi Bank has launched a new feature allowing users to directly convert the cryptocurrency USDC into USD and deposit it into their bank accounts, streamlining the process of cashing out crypto. As a licensed bank, SoFi enables compliant conversion between crypto assets and fiat currency, providing a secure and compliant exit for digital assets. This move signals further acceptance of cryptocurrency by mainstream financial institutions.

01/15/2026 International Settlement
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HS Code 9401909090 Taxation Framework Explained

HS Code 9401909090 Taxation Framework Explained

This article provides a comprehensive analysis of the HS code 9401909090 and its related tax system, highlighting important information such as an export tax rate of 0% and a value-added tax rate of 13%. It aims to guide companies in optimizing their international trade processes and enhancing their competitiveness.

09/16/2025 HS Code Query
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New HS Code and Tax Rules for Difluorochloropropane Take Effect

New HS Code and Tax Rules for Difluorochloropropane Take Effect

This article presents the coding information and tax rate details of dichlorofluoropropane (HS Code 2903491051), analyzing its significance in international trade. It highlights that there are no applicable tax rate regulations for this commodity in both export and import scenarios, providing compliance and risk management references for import and export enterprises.

08/08/2025 HS Code Query
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Chinas Automotive Seat Market Expands Under HS Code 9401209000

Chinas Automotive Seat Market Expands Under HS Code 9401209000

The HS code 9401209000 refers to seats for other motor vehicles, which enjoy a 0% export tax rate and a 13% rebate rate, as well as preferential tax rates under various international agreements. Effective declaration elements and the absence of regulatory conditions provide a broad market prospect, presenting enterprises with significant opportunities.

08/05/2025 HS Code Query
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