WCO Data Model Upgrade Boosts Global Ecommerce Efficiency

WCO Data Model Upgrade Boosts Global Ecommerce Efficiency

The WCO Data Model Conference highlighted cross-border e-commerce data and released version 3.7.0, aiming to simplify the user experience. The conference focused on processes, modeling, support, and maritime transport, exploring e-commerce data exchange to help businesses seize opportunities. Discussions centered around leveraging data models to facilitate trade and improve efficiency in cross-border e-commerce transactions. The updated model aims to provide a standardized framework for data exchange, promoting trade facilitation and reducing barriers for businesses engaged in international e-commerce.

02/03/2026 Customs Knowledge
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China Tightens Ecommerce Tax Reporting for 7000 Platforms

China Tightens Ecommerce Tax Reporting for 7000 Platforms

China is strengthening tax regulation on cross-border e-commerce, requiring platforms to report merchant data. In Q3, over 7,000 platforms completed data submissions, resulting in a 12.7% year-on-year increase in e-commerce tax revenue. The new regulations aim to level the playing field between online and offline businesses in terms of taxation. However, compliance costs and data security have emerged as new challenges for sellers. This increased scrutiny necessitates careful attention to data handling and tax obligations for businesses operating in the Chinese cross-border e-commerce market.

02/03/2026 Customs Knowledge
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Trump Threatens Tariffs on French Wine Amid Trade Tensions

Trump Threatens Tariffs on French Wine Amid Trade Tensions

US President Trump has threatened to impose 200% tariffs on French champagne and wine to pressure France into joining the US-led Gaza "peace committee." This move could severely impact the French wine industry, raise prices in the US market, and escalate trade tensions between the US and the EU. France is currently taking a firm stance. The subsequent developments of this event are attracting significant attention.

02/03/2026 Customs Knowledge
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China Clarifies Export Tax Rebates for Foreign Trade Firms

China Clarifies Export Tax Rebates for Foreign Trade Firms

This article provides an in-depth interpretation of the "Exemption, Credit, and Refund for Export Tax" and "Exemption and Refund for Export Tax" policies within the export tax rebate system. It details the differences in applicable entities, calculation formulas, and tax bases. The aim is to assist foreign trade enterprises in selecting the appropriate tax rebate method based on their specific circumstances, thereby reducing tax costs and enhancing competitiveness. The article focuses on the practical application and comparative analysis of these two policies.

02/03/2026 Customs Knowledge
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Guide to Costeffective Shipping to Hong Kong

Guide to Costeffective Shipping to Hong Kong

This article provides a comprehensive guide for sending packages to Hong Kong, covering the selection of courier companies, cost estimation, package preparation, filling out shipping forms, understanding import regulations, and tracking status. It ensures that your package arrives at its destination smoothly while avoiding potential issues and costs.

08/07/2025 Logistics Encyclopedia
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Guide to Avoiding Overpayment on Import Fees

Guide to Avoiding Overpayment on Import Fees

This article provides an in-depth analysis of the composition of import switch fees, revealing the detailed breakdown of various charges and offering practical advice on avoiding duplicate and unreasonable fees. It aims to help importers understand the reasonable range of switch fees and choose reputable freight forwarding companies, thereby effectively controlling costs and protecting their own interests.

09/26/2025 Logistics Encyclopedia
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Europe Faces Trade Paradox As China Gains Supply Chain Edge in 2026

Europe Faces Trade Paradox As China Gains Supply Chain Edge in 2026

This article delves into the practical challenges behind Europe's call for 'de-risking' from China, revealing its structural dependence on the Chinese supply chain. By analyzing factors like cost, production capacity, and alternative solutions, it highlights the fundamental reasons why Europe struggles to decouple from 'Made in China.' The article also predicts a 'collective restocking wave' in the European market by 2026 and provides three key strategies for foreign traders to seize opportunities and tap into the European market, offering actionable insights for those seeking to capitalize on the evolving trade landscape.

01/27/2026 Logistics Industry Insights
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Spains Air Freight Sector Boosts Efficient Imports

Spains Air Freight Sector Boosts Efficient Imports

This article delves into the advantages, processes, and considerations of importing via air freight from Spain. Air freight, characterized by its speed, security, and flexibility, serves as a crucial bridge connecting Spain to the world. The article provides a detailed overview of each stage of the air freight process and addresses frequently asked questions. It aims to assist businesses in leveraging air freight effectively to achieve trade growth.

02/02/2026 Logistics
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Freight Forwarders Adopt Streamlined HS Code Solutions

Freight Forwarders Adopt Streamlined HS Code Solutions

Troubled by HS code lookup? We offer a convenient and efficient HS code lookup service, covering massive data to ensure you quickly find the required codes. Furthermore, our experienced customer service team is available to provide professional consultation, helping you become an international freight forwarding elite and easily cope with international trade challenges.

08/21/2025 HS Code Query
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