ASEAN Trade Expands with RMB Settlement for Export Rebates

ASEAN Trade Expands with RMB Settlement for Export Rebates

This paper interprets the RMB settlement export tax rebate policy, focusing on its application in ASEAN trade. Companies trading with countries that have signed RMB trade circulation agreements can apply for tax rebates if the contract and payment are in RMB and an RMB account is opened. Businesses should closely monitor policy updates and strengthen cooperation with financial institutions to fully utilize the convenience of RMB settlement. This facilitates smoother trade transactions and potentially reduces exchange rate risks within the ASEAN region.

08/22/2025 International Settlement
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Yuans Yearend Rally Prompts Forex Strategy Shifts for Trade Firms

Yuans Yearend Rally Prompts Forex Strategy Shifts for Trade Firms

This article analyzes the RMB exchange rate trend in 2025, discussing the impact of the year-end settlement peak on the RMB exchange rate. Combining predictions from multiple securities institutions and the policy stance, it provides reasonable settlement strategy recommendations for foreign trade enterprises. The aim is to help companies cope with exchange rate fluctuations and achieve stable operations.

12/12/2025 Exchange Rate Query
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Zhejiang Chouzhou Bank Launches NRA Accounts to Streamline Global Trade

Zhejiang Chouzhou Bank Launches NRA Accounts to Streamline Global Trade

The Zheshang Bank NRA account is an ideal choice for foreign trade enterprises, effectively solving cross-border payment collection and foreign exchange settlement issues, and helping enterprises expand into the global market. This account features multiple advantages, including fund freedom, fee reduction, diverse channels, rich currencies, and flexible interest rates. It is suitable for enterprises with overseas trade needs, overseas registered companies, and financial institutions. Choose Zheshang Bank's NRA account for smooth global trade.

12/30/2025 International Settlement
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Worldfirst Expands Crossborder Ecommerce Currency Solutions

Worldfirst Expands Crossborder Ecommerce Currency Solutions

This article delves into the meaning and acquisition methods of WorldFirst's foreign exchange settlement quota, differentiating it from the State Administration of Foreign Exchange's $50,000 quota. By managing authorization or uploading transaction records, cross-border e-commerce sellers can obtain a settlement quota, allowing them to withdraw overseas sales revenue in RMB to domestic accounts, without being restricted by the $50,000 foreign exchange limit. Mastering these techniques can effectively solve cross-border payment and settlement challenges.

12/29/2025 International Settlement
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Overview of Foreign Trade Export Documentation

Overview of Foreign Trade Export Documentation

This article provides an overview of the main types of export documents in foreign trade and their functions, including the General Certificate of Origin (CO), FORM A, FORM E, FORM F, and FORM L. It emphasizes their importance and applicability in international trade to facilitate export processes and reduce tariffs.

07/18/2025 Logistics Encyclopedia
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Chinas Port Delays Disrupt Foreign Trade Logistics

Chinas Port Delays Disrupt Foreign Trade Logistics

The 'lagging' and 'disordered' phenomenon of port opening times significantly impacts foreign trade logistics efficiency and increases enterprise costs. This paper analyzes the underlying causes of lacking information transparency and insufficient information sharing mechanisms. It proposes optimization suggestions such as establishing a unified information platform, strengthening information linkage, introducing intelligent technologies, and establishing a reasonable compensation mechanism. The aim is to build an efficient and collaborative logistics ecosystem, improving overall port logistics performance and reducing unnecessary delays and expenses for businesses involved in international trade.

08/23/2025 Logistics Industry Insights
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Dongguans Foreign Trade Jumps in Early 2025

Dongguans Foreign Trade Jumps in Early 2025

In the first two months of 2025, Dongguan's total foreign trade import and export value increased by 21.7% year-on-year, reaching 228.38 billion yuan. Import and export to ASEAN saw significant growth. Private enterprises were the main driving force behind the increase, with general trade accounting for more than half. Exports of high-tech products led the way, while traditional industries also maintained growth. This strong start for Dongguan's foreign trade is driven by both internal and external factors, indicating a positive trend in economic transformation and upgrading.

11/03/2025 Logistics Industry Insights
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Datadriven Strategies Boost Foreign Trade Inquiry Conversions

Datadriven Strategies Boost Foreign Trade Inquiry Conversions

This article, from the perspective of a data analyst, deeply analyzes the types of foreign trade inquiries, emphasizes the importance of customer profiling, and provides a set of actionable reply strategies. Through data-driven precise communication and continuous follow-up, it helps foreign traders improve inquiry conversion rates and achieve business growth. The focus is on leveraging data insights to understand customer needs and tailor responses effectively, ultimately leading to increased sales and a stronger customer base.

01/04/2026 Logistics Encyclopedia
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Foreign Trade Firms Adopt Costcutting Shipping Strategies

Foreign Trade Firms Adopt Costcutting Shipping Strategies

This paper delves into how foreign trade enterprises can reduce costs and improve efficiency by optimizing ocean freight strategies. From six dimensions – FCL/LCL selection, tide-style booking, container loading optimization, route timeliness balance, policy dividend utilization, and risk cost control – combined with practical cases, this article provides a systematic cost reduction and efficiency improvement plan for enterprises. It aims to help companies enhance their competitiveness in the global supply chain restructuring.

01/22/2026 Logistics Industry Insights
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Customs Settlement Methods Code Explanation and Class Analysis

Customs Settlement Methods Code Explanation and Class Analysis

This article provides a detailed analysis of customs settlement method codes, focusing on common methods such as letters of credit, telegraphic transfers, checks, and collections. It categorizes the advantages and disadvantages of each settlement method and discusses their applicable scenarios. Additionally, the article explores customs definitions of settlement methods and their application in international trade. The diversity of settlement methods caters to different trade needs, ensuring transaction security and flexibility.

07/21/2025 International Settlement
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