Chong Hing Bank Supports Smes in Overseas Expansion

Chong Hing Bank Supports Smes in Overseas Expansion

This article details the advantages of a Chong Hing Bank corporate account in Hong Kong, including its low opening threshold, wide acceptance range, high transfer limits, convenient deposits and withdrawals, and support for multiple currencies. It also clearly explains the required documents, procedures, official fees, and online banking activation process. The aim is to help SMEs better understand and choose a suitable bank account to facilitate the expansion of their overseas business. This guide provides practical information for businesses looking to establish a presence and conduct cross-border transactions through a Hong Kong company.

01/04/2026 International Settlement
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China Strengthens IP Protection for Crossborder Ecommerce

China Strengthens IP Protection for Crossborder Ecommerce

This article, from a data analyst's perspective, provides an in-depth analysis of China's Customs Intellectual Property Recordation system, offering a practical guide for cross-border e-commerce businesses. By registering their IP rights with customs, companies can leverage customs enforcement to combat infringement, protect their rights, and enhance competitiveness. The article details the recordation process, acceptance criteria, and search methods, emphasizing the value of customs protection and future trends in digital transformation. This empowers businesses to proactively safeguard their IP in the dynamic cross-border trade environment.

01/26/2026 Customs Knowledge
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Washington Considers Mileage Tax for Evs to Fund Road Repairs

Washington Considers Mileage Tax for Evs to Fund Road Repairs

Washington State is piloting a mileage-based user fee (MBUF) to address declining fuel tax revenues due to the increasing adoption of electric vehicles. MBUF, charging based on actual miles driven, aims to more equitably distribute road maintenance costs and provide a sustainable funding source for the future of autonomous and electric vehicles. Challenges include privacy concerns, technology costs, and public acceptance. However, Oregon's successful experience and advancements in autonomous driving technology suggest its potential. The system offers a way to ensure fair contribution to road upkeep regardless of vehicle type or fuel source.

01/29/2026 Logistics Industry Insights
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LCL Lithium Battery Shipments Require Dangerous Goods Certificates

LCL Lithium Battery Shipments Require Dangerous Goods Certificates

This article provides a detailed interpretation of whether a Dangerous Goods Packing Certificate (DG Packing Certificate) is required for the LCL (Less than Container Load) sea freight export of Class 9 dangerous goods lithium batteries. It elaborates on key aspects such as booking documents, warehouse entry requirements, customs declaration procedures, and bill of lading issuance for lithium battery sea freight exports. The article emphasizes the importance of the DG Packing Certificate and reminds readers to pay attention to the differing requirements of various countries and regions. It serves as a practical guide for navigating the complexities of lithium battery LCL sea shipments.

03/12/2024 Logistics Encyclopedia
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Ecommerce Firms Urged to Select Proper Bills of Lading

Ecommerce Firms Urged to Select Proper Bills of Lading

Cross-border e-commerce sellers should be aware of the risks associated with choosing between ocean bills of lading and forwarder bills of lading. Ocean bills of lading, issued by shipping companies, offer a simpler cargo retrieval process and stronger proof of ownership, suitable for full container load (FCL) shipments. Forwarder bills of lading, issued by freight forwarders, are appropriate for less than container load (LCL) shipments and specific trade terms but carry the risk of destination port agent issues. Selecting the wrong bill of lading can lead to cargo detention and financial loss. Consulting with professional logistics advisors is recommended.

11/03/2025 Document Interpretation
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China Ends Roaming Fees As Ecommerce Rivalries Intensify

China Ends Roaming Fees As Ecommerce Rivalries Intensify

Starting September, mobile roaming fees were eliminated in China. E-commerce giants Amazon and Alibaba engaged in fierce competition in the Southeast Asian market. Jeff Bezos surpassed Bill Gates to become the world's richest person, while Xu Jiayin became China's richest real estate tycoon. The Fuxing high-speed train increased its speed, and Foxconn built a factory in the United States. LeEco's crisis continued, and scientific research integrity issues drew attention. Nokia's profits surged, and JD.com's market value reached a new high. Camel Bell Cloud's SaaS service won the Best SaaS Product of the Year and Best Innovative SaaS awards.

01/26/2026 Logistics
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Switch Bills of Lading Gain Traction in Global Trade

Switch Bills of Lading Gain Traction in Global Trade

This article delves into the unique switch bill of lading (B/L) operation in international trade, explaining its definition, core components (triangular trade and two sets of B/Ls), key conditions, and potential risks. As a hidden trade bridge, switch B/L grants intermediaries greater operational flexibility, but risk control is essential. Understanding the switch B/L mechanism is crucial for all parties involved in international trade. It enables the concealment of the original shipper and consignee, facilitating trade through intermediaries and potentially optimizing logistics and financing. However, potential issues like fraud and discrepancy in goods must be carefully considered.

01/27/2026 Document Interpretation
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