Singapore Strengthens Ties with China to Boost Exhibition Hub Status

Singapore Strengthens Ties with China to Boost Exhibition Hub Status

Singapore and the China Council for the Promotion of International Trade (CCPIT) signed a memorandum of understanding to deepen cooperation in international exhibitions and MICE events. The collaboration will focus on bringing Chinese exhibitions to Singapore, jointly promoting key sectors such as advanced manufacturing and clean energy, and exploring the green and digital transformation of the MICE industry. The aim is to establish Singapore as a new hub for international exhibitions and promote regional economic development. This partnership signifies a strong commitment to fostering trade and innovation between the two nations.

Tibetan Yak Wool Scarfs Gain Popularity in Western Luxury Markets

Tibetan Yak Wool Scarfs Gain Popularity in Western Luxury Markets

Tibetan brand Norlha utilizes yak wool and traditional handcrafting techniques. Through unique cultural narratives and a commitment to sustainable development, it has successfully penetrated the high-end European and American markets, becoming a supplier for luxury brands like Hermès. Its success lies not only in its commercial value but also in its contribution to the local community and the preservation of its cultural heritage. Norlha showcases how a brand can thrive by blending traditional craftsmanship with modern values, creating a positive impact on both the economy and the community it serves.

YTO Cargo Expands to Bangladesh with New Changshadhaka Route

YTO Cargo Expands to Bangladesh with New Changshadhaka Route

YTO Cargo Airlines launched its first South Asian route, Changsha-Dhaka, connecting Central China with Bangladesh, facilitating cross-border e-commerce and fresh produce trade. YTO Cargo Airlines will also increase the frequency of international routes originating from Changsha, establish a regional headquarters in Central China, and enhance customer cooperation through the GBP project. YTO Cargo Airlines continues to expand, contributing to the Belt and Road Initiative and promoting global trade prosperity. This new route signifies YTO's commitment to expanding its network and supporting economic growth in the region.

02/03/2026 Logistics
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Xinlicheng Holdings Shifts From Electronics to Ecommerce Dominance

Xinlicheng Holdings Shifts From Electronics to Ecommerce Dominance

Starting from electronic product distribution, Xinlicheng Holdings Group has transformed strategically and diversified its business to become a leading e-commerce platform in China. The company's operations cover electronics, communications, and the internet. Upholding the values of "customer first, integrity-based," it continuously innovates business and service models, making positive contributions to industry development. Xinlicheng's success is attributed to its adaptability and commitment to providing value in a rapidly evolving market. Their strategic foresight has allowed them to capitalize on emerging opportunities and establish a strong market presence.

JD Logistics Expands Drone Delivery to Saudi Arabia

JD Logistics Expands Drone Delivery to Saudi Arabia

JD Logistics successfully completed its first overseas drone test flight in Saudi Arabia, marking a significant step in its globalization strategy. The test utilized an electric vertical take-off and landing (eVTOL) fixed-wing drone, effectively reducing delivery times in remote areas and alleviating the burden on delivery personnel. This signals the potential for drone technology to play a greater role in the Middle Eastern logistics industry and presents new development opportunities for the global logistics sector. This initiative demonstrates JD's commitment to innovation and efficiency in international delivery.

02/05/2026 Logistics
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Shanghai Unveils Rocket Star City to Advance Space Sector

Shanghai Unveils Rocket Star City to Advance Space Sector

Shanghai officially launched the "Rocket Star City" construction plan, aiming to build a commercial aerospace industry cluster. The conference released a development vision report for the "15th Five-Year Plan" period, supply and demand information, and a standard system. It also interpreted the safety development action plan. The Shanghai Municipal and Minhang District governments introduced relevant support policies to provide guarantees for the development of commercial aerospace. This initiative signifies Shanghai's commitment to fostering innovation and growth in the commercial space sector through strategic planning and policy support.

Hong Kong Ministers Draft Trade Negotiation Report

Hong Kong Ministers Draft Trade Negotiation Report

The Trade Negotiations Committee meeting reviewed the draft report for the Hong Kong Ministerial Conference. Representatives from various parties offered opinions and suggestions on the report's content, primarily focusing on wording, progress descriptions, and future directions. While disagreements existed, all parties expressed a willingness to seek consensus, laying the groundwork for future negotiations. The discussions aimed to refine the report and ensure it accurately reflects the current state of negotiations and sets a clear path forward. The meeting highlighted the complexities involved but also the commitment to finding common ground.

Developing Nations Push for Flexible Trade Rules in WTO Talks

Developing Nations Push for Flexible Trade Rules in WTO Talks

China, India, Pakistan, and Sri Lanka jointly called for attention to the special circumstances of developing countries in trade facilitation negotiations. They emphasized commitment flexibility, technical assistance, and the applicability of dispute resolution mechanisms. Recommendations included modular commitments, establishing a technical assistance coordination mechanism, and introducing pre-dispute resolution procedures. The aim is to build a more flexible and pragmatic implementation framework, fostering shared global trade prosperity. This approach seeks to ensure that trade facilitation measures are implemented in a way that is supportive of developing countries' needs and capacities.

Lesotho Upgrades Tax Talent Management System

Lesotho Upgrades Tax Talent Management System

The Lesotho Revenue Authority (LRA) is modernizing its human resource management system to improve operational efficiency and tax collection. The World Customs Organization (WCO) supports the LRA through training and capacity building, assisting in the implementation of a competency-based HRM system to build a highly effective tax workforce. With strong commitment from LRA senior management and continued empowerment from the WCO, the LRA aims to achieve its modernization goals. This collaboration focuses on developing a skilled and competent workforce to drive revenue generation and improve tax administration.

Qatar Customs Boosts Trade Efficiency with WCO Review

Qatar Customs Boosts Trade Efficiency with WCO Review

Qatar Customs invited the World Customs Organization (WCO) for a Post Clearance Audit (PCA) diagnostic to enhance trade facilitation. WCO experts conducted an in-depth assessment of Qatar Customs' departments and offered recommendations for improvement. PCA, recognized as an efficient control method, is crucial for trade facilitation, revenue protection, and risk management. This initiative by Qatar Customs will promote corporate compliance, improve trade efficiency, and contribute to global trade facilitation efforts. The focus on PCA highlights Qatar's commitment to modernizing customs procedures and fostering a more efficient and secure trading environment.