China Sets February 2026 Customs Valuation Exchange Rate

China Sets February 2026 Customs Valuation Exchange Rate

This article provides a detailed interpretation of the determination basis for the customs duty-paying exchange rate in February 2026, including the calculation methods for both benchmark and non-benchmark exchange rates. It emphasizes the importance of monitoring significant exchange rate fluctuations. Understanding the calculation of customs duty-paying exchange rates helps enterprises better estimate costs and control risks in cross-border trade. This knowledge is crucial for accurate financial planning and mitigating potential losses due to currency volatility.

02/03/2026 Exchange Rate Query
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WCO ICC Partner to Streamline Customs Spur Global Recovery

WCO ICC Partner to Streamline Customs Spur Global Recovery

The World Customs Organization and the International Chamber of Commerce jointly issued a statement emphasizing strengthened cooperation to accelerate customs and trade facilitation measures in response to the COVID-19 pandemic. This aims to ensure smooth global trade flows and support economic recovery. Both organizations will focus on supporting small and medium-sized enterprises (SMEs) by providing tools and resources through their respective platforms. They will jointly address challenges and work towards reshaping the global trade system.

02/03/2026 Customs Knowledge
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HS Committee Reviews Global Trade Classifications in 59th Meeting

HS Committee Reviews Global Trade Classifications in 59th Meeting

The 59th session of the World Customs Organization's Harmonized System Committee (HSC) significantly impacts global commodity classification. This article provides an in-depth analysis of the classification opinions, amendments to the Harmonized System Explanatory Notes, and specific commodity classification rulings adopted during the meeting. Using concrete examples, it elucidates the classification logic and offers enterprises strategies to navigate these changes and mitigate trade risks. Understanding these updates is crucial for accurate declarations and avoiding potential penalties in international trade.

02/03/2026 HS Code Query
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Amazon China Boosts Crossborder Ecommerce with Dualstrategy

Amazon China Boosts Crossborder Ecommerce with Dualstrategy

Amazon China leverages its dual-engine strategy of “Overseas Shopping” and “Global Selling” to rapidly develop its cross-border e-commerce business. “Overseas Shopping” provides Chinese consumers with a vast selection of authentic overseas products, while Prime membership enhances the shopping experience. “Global Selling” helps Chinese sellers expand into global markets and build global brands. Amazon is committed to being a bridge connecting Chinese consumers with quality global goods and Chinese enterprises with global retail and business procurement markets.

02/03/2026 Logistics Industry Insights
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Jincheng Firms Expand Via Amazons Crossborder Ecommerce

Jincheng Firms Expand Via Amazons Crossborder Ecommerce

This article delves into how Jincheng enterprises can leverage the Amazon platform to break through in cross-border e-commerce. It details the current development status of cross-border e-commerce in Jincheng, government support policies, and addresses common seller concerns such as account registration, tax payment, store rating improvement, operational service selection, and infringement complaint handling. The aim is to empower Jincheng businesses to better embrace the global market and succeed in their international ventures through Amazon.

02/03/2026 Logistics Industry Insights
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Doles Supply Chain Overhaul Sets CPG Industry Benchmark

Doles Supply Chain Overhaul Sets CPG Industry Benchmark

Dole Food Company's supply chain transformation exemplifies growth and innovation for mid-sized consumer goods companies. Through strategic investments in flexible manufacturing, lean logistics, and data-driven demand forecasting, Dole transformed its supply chain into a growth engine. This enabled rapid commercialization of new products while maintaining efficiency and quality at scale. Their experience offers valuable lessons for other enterprises. The transformation highlights the power of a responsive and agile supply chain in today's dynamic market.

02/04/2026 Logistics
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Uzbekistan Emerges As Key Market for Chinese Firms in 2026

Uzbekistan Emerges As Key Market for Chinese Firms in 2026

Uzbekistan will host a series of key industry exhibitions in 2026, presenting excellent opportunities for Chinese companies to enter the Central Asian market. These exhibitions cover various sectors including building materials, home furnishings, agriculture and animal husbandry, food packaging, iron and steel metallurgy, industry, textiles and apparel, electric power and energy, and environmental protection. Hainan enterprises should seize this opportunity, leverage their strengths, and actively participate in Uzbekistan's economic development to achieve mutual benefit and win-win results.

02/05/2026 Logistics
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Etrade Platform Announces 2025 Upgrades to Boost Digital Commerce

Etrade Platform Announces 2025 Upgrades to Boost Digital Commerce

The Yimao series of products will undergo a major upgrade in 2025, focusing on three core products: Trade Advisor, Trade Enterprise Search, and Product Encyclopedia. Eight practical functions will be launched, covering market analysis, compliance management, enterprise assessment, customer expansion, and commodity classification. This upgrade aims to help enterprises improve trade efficiency and gain a competitive advantage in global trade. The new features are designed to provide comprehensive support and insights for businesses navigating the complexities of international commerce.

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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Pet Supply Expo in Guangzhou Addresses Industry Challenges

Pet Supply Expo in Guangzhou Addresses Industry Challenges

The inaugural PSC Pet Fair will be held in Guangzhou in November 2024, aiming to address supply chain challenges in the pet industry and gather original manufacturers from home and abroad, providing an efficient matchmaking platform. The exhibition focuses on specific areas such as pet food and supplies, launching a domestic trade-friendly initiative to help foreign trade enterprises expand into the domestic market. This specialized B2B trade show aims to promote the development of China's pet industry.

02/05/2026 Logistics Industry Insights
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