Chinas Foreign Trade Hits Record Growth Amid Rising Market Entrants

Chinas Foreign Trade Hits Record Growth Amid Rising Market Entrants

In 2025, China's total foreign trade volume reached a record high, growing by 3.8% year-on-year, marking the ninth consecutive year of positive growth. Exports of high-tech and green products were particularly strong, and the vitality of private enterprises increased. The year saw a record 1.256 million new foreign trade companies registered, the highest in the last five years. Guangdong province led the nation in the number of foreign trade enterprises, indicating significant market potential.

02/05/2026 Logistics Industry Insights
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Beginners Guide to Containerized Ocean Import Shipping

Beginners Guide to Containerized Ocean Import Shipping

This article provides a detailed overview of the complete process for sea freight container import business. It covers document preparation, exchange orders, customs declaration, inspection and quarantine, three inspections, port charges payment, cargo pickup, and container dispatch and handover. The aim is to help beginners quickly grasp the key operational points of import freight forwarding and trucking.

08/23/2025 Logistics Encyclopedia
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Decoding PP and CC on Air Waybills for Freight Payment

Decoding PP and CC on Air Waybills for Freight Payment

This article provides a clear and concise explanation of the meanings of "PP" and "CC" on an Air Waybill, and their relationship with "WT VAL" and "Other." Through clear explanations and examples, it helps readers understand the freight payment rules on an Air Waybill, improving the efficiency and accuracy of international air freight operations. The article aims to demystify these aspects of the air waybill and provide practical knowledge for those involved in international cargo transportation.

09/26/2025 Document Interpretation
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Iran Import Customs Clearance Regulation The Importance of Payment Verification

Iran Import Customs Clearance Regulation The Importance of Payment Verification

Iranian importers must make payments to suppliers through banks under the company name and provide proof of payment to complete customs clearance. Due to U.S. sanctions, many banks refuse to accept payments from Iran, increasing transaction risks. It is advisable to ensure that payments are received before shipping and to avoid trading in products subject to sanctions to safeguard the supply chain.

07/28/2025 Logistics
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Freight Forwarders Face Mounting Payment Risks in Global Supply Chains

Freight Forwarders Face Mounting Payment Risks in Global Supply Chains

International freight forwarders face significant financial pressures, especially after the COVID-19 pandemic. Frequent account period management has become a means for agents to control risks and ensure cash flow. With intensifying market competition and rising shipping and air transport costs, freight forwarders are compelled to be more cautious and flexible when handling receivables, making it urgent to adopt tailored collection strategies for different clients.

07/29/2025 Logistics
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Fintech Firm Panpay Targets SOHO Traders with Global Payment Solutions

Fintech Firm Panpay Targets SOHO Traders with Global Payment Solutions

PanPay offers overseas bank account solutions for freelance exporters (SOHO) to receive payments. It features fast account opening, low fees, and no withdrawal restrictions. However, it doesn't support traditional payment methods, making it suitable for customers with specific needs. PanPay provides a convenient way to manage international transactions for those comfortable with modern payment systems and seeking cost-effective solutions for cross-border receivables.

01/05/2026 International Settlement
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Amazon Sellers Grapple With Extended Payment Delays Under New Policy

Amazon Sellers Grapple With Extended Payment Delays Under New Policy

Amazon will implement a new “Delivery Date + 7 days (DD+7)” funds reserve policy globally starting March 12, 2026, extending the payment cycle for sellers. This new rule primarily impacts FBM sellers and may cause issues such as abnormal profit calculation and difficulty in restocking. Sellers should promptly check their account status, assess cash flow, optimize logistics solutions, and utilize Amazon's “On-Demand Payment” feature to alleviate financial pressure. This change requires sellers to proactively manage their finances and adapt their operational strategies.

02/05/2026 Logistics
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Chinas Freight Forwarders Face Scrutiny Over Hidden Fees

Chinas Freight Forwarders Face Scrutiny Over Hidden Fees

This article shares common issues in freight forwarding, such as container detention time, freight display, and payment methods. It reveals potential 'traps' in the freight forwarding industry, reminding cargo owners to be vigilant during transactions and avoid unnecessary losses. It highlights potential pitfalls related to bill of lading freight charges and other common areas where misunderstandings or misrepresentations can occur. By understanding these potential issues, shippers can better protect themselves and ensure smoother, more cost-effective foreign trade logistics operations.

08/22/2025 Logistics Encyclopedia
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Key Clauses in Air Freight Contracts Help Exporters Reduce Risks

Key Clauses in Air Freight Contracts Help Exporters Reduce Risks

International air freight contracts harbor hidden risks. Foreign trade enterprises need to pay attention to five key clauses: cargo description, transportation time, payment terms, liability limitations and insurance, and breach of contract. Clearly defining details and agreeing on responsibilities can effectively avoid potential risks, protect their own rights and interests, and ensure the smooth progress of international trade. Careful review and negotiation of these clauses are crucial for mitigating potential disputes and financial losses associated with international air freight transactions.

01/26/2026 Logistics
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Guide to Container Pickup for International Shipping Drivers

Guide to Container Pickup for International Shipping Drivers

This article provides an in-depth analysis of the crucial container pick-up process for drivers in international shipping. It details the steps from booking preparation, document verification, and fee payment to terminal operations. The article explains the basis and procedures for drivers to pick up containers using the Equipment Interchange Receipt (EIR). It also offers practical solutions to common problems, aiming to help foreign trade and logistics professionals better understand and master the container pick-up process and improve operational efficiency.

01/19/2026 Logistics Encyclopedia
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