This article focuses on the latest developments in cross-border e-commerce, highlighting the eBay UK VAT policy adjustments, the engine effect of NetEase Koala, the rapid growth of Amazon Business Germany, breakthroughs in Facebook translation technology, Macy's entry into Ningbo Airport Port, and the development opportunities brought by the “Belt and Road” initiative. These changes will have a profound impact on the industry landscape.
In the first half of 2022, China's actual use of foreign capital increased by 17.4% year-on-year, with high-tech industries showing significant growth, indicating foreign investors' confidence in China's economic transformation and upgrading. Investment from major economies like South Korea, the United States, and Germany increased, with a more balanced regional distribution and particularly strong growth in the western region. The attractiveness of the Chinese market to foreign investment continues to strengthen.
This article provides a detailed guide for cross-border e-commerce sellers on VAT payment in six European countries (UK, Germany, France, Italy, Spain, and Austria). It covers various methods, including bank transfers, third-party payment platforms, and tax accountants, to help sellers comply with regulations and efficiently complete tax declarations and payments, avoiding tax risks. This guide aims to streamline the VAT payment process and ensure sellers meet their European tax obligations effectively.
The Port of Hamburg recently launched an automated shore power system for cruise ships, becoming a pioneer in global green shipping. This new system significantly reduces ship emissions, with an expected 99% cut in nitrogen oxides, enabling smarter energy supply for cruise ships. Additionally, Hamburg plans to enhance power supply through mobile charging vessels. These initiatives align with international trends, promoting more sustainable port operations and supporting green shipping cooperation between China and Germany.
This article provides a marketplace selection guide for new eBay sellers, analyzing the characteristics and potential product categories of major marketplaces like the US, UK, Germany, Italy, Australia, and Spain. It recommends that beginners choose less competitive and promising blue ocean markets, making informed decisions based on their own circumstances and local consumer habits. This guide aims to help new sellers embark on a successful cross-border e-commerce journey and tap into global opportunities.
Chukou1's four major European overseas warehouses in the UK, France, Germany, and Poland have all been officially certified by eBay, becoming eBay certified connected warehouses. This signifies that Chukou1's warehousing capabilities, logistics efficiency, and service levels in Europe have been recognized by eBay. This allows Chukou1 to provide cross-border e-commerce sellers with more stable and efficient overseas warehousing and distribution services, helping them expand into the European market.
Côte d'Ivoire is actively enhancing its customs classification skills in preparation for implementing an advance rulings system, aligning with the WTO's Trade Facilitation Agreement. With support from the EU and Germany, Côte d'Ivoire held a customs classification workshop aimed at developing expertise, improving trade facilitation, and contributing to global trade. The advance rulings system, a key mechanism, will enhance trade predictability, reduce costs, promote compliance, and facilitate Côte d'Ivoire's integration into the global trading system.
Amazon Europe introduces a new feature allowing sellers to manage promotional activities across nine sites including the UK, Germany, and France, all in one place. This eliminates the need to switch accounts frequently, improving efficiency and enabling precise marketing to boost sales. The feature is also applicable to the Americas, the Middle East, North Africa, and the Asia-Pacific region. This centralized management tool simplifies promotional campaigns and streamlines operations for sellers expanding their reach across multiple Amazon marketplaces.
The World Customs Organization (WCO) held a virtual workshop on Post Clearance Audit (PCA) for Moldova, aiming to improve the country's PCA strategy and practices. The workshop emphasized risk analysis methodologies and shared practical experiences from Denmark and Germany. Participants provided positive feedback, highlighting the workshop's contribution to enhancing risk analysis capabilities within PCA strategies. This initiative is expected to further develop Moldova's PCA system, ultimately leading to a data-driven transformation of PCA in the country.
This article provides a detailed explanation of LANDESBANK BADEN-WUERTTEMBERG (LBBW)'s SWIFT/BIC code, SOLADESTACO. It elaborates on its importance, structure, usage scenarios, and verification methods. Furthermore, it offers practical tips to avoid errors in international money transfers. The aim is to help readers conduct cross-border remittances safely and efficiently. Understanding the SWIFT code ensures accurate routing of funds and reduces the risk of delays or misdirected payments when transferring money to or from LBBW in Germany.
