hub competitiveness News

China Clarifies Export Tax Rebates for Foreign Trade Firms

This article provides an in-depth interpretation of the "Exemption, Credit, and Refund for Export Tax" and "Exemption and Refund for Export Tax" policies within the export tax rebate system. It details the differences in applicable entities, calculation formulas, and tax bases. The aim is to assist foreign trade enterprises in selecting the appropriate tax rebate method based on their specific circumstances, thereby reducing tax costs and enhancing competitiveness. The article focuses on the practical application and comparative analysis of these two policies.

02/03/2026 Customs Knowledge

EU Carbon Tax Raises Global Shipping Costs

Following the implementation of the EU's Carbon Border Adjustment Mechanism (CBAM), carbon costs must be incorporated into international shipping cost accounting. Vessel operational emissions costs and the embedded carbon emissions costs of goods will directly impact shipping prices. Businesses need to reassess shipping costs and implement measures to reduce carbon emissions in order to address the challenges posed by CBAM. This includes exploring alternative fuels and optimizing shipping routes to minimize their carbon footprint and maintain competitiveness in the global market.

02/03/2026 Logistics

EMC Testing Critical for Product Launch Compliance

This article delves into the importance of EMC controller testing, emphasizing that it not only concerns product compliance but also impacts product performance, user experience, and market competitiveness. The article details the core objectives of EMC testing, its compliance advantages, and standardized processes. The aim is to help companies better understand the value of EMC testing, thereby reducing regulatory risks and ensuring smooth product launches. Understanding EMC testing is crucial for minimizing potential issues and maximizing product success in the market.

02/03/2026 Customs Knowledge

Trumps Trade War Disrupts Global Economy Alters Trade Flows

The Trump trade war, initiated in 2017 to address trade deficits and intellectual property issues, has profoundly impacted the global economy. Economic shocks such as increased tariffs, supply chain disruptions, and agricultural damage, along with heightened internal divisions and strained international relations, highlight the complexity of the trade war. Future trends include ongoing negotiations, a revival of multilateralism, and supply chain restructuring. Countries need to diversify markets, enhance industrial competitiveness, and promote international cooperation to navigate the evolving global landscape.

02/03/2026 Customs Knowledge

PX Mart Shows How Discount Stores Can Elevate Lifestyle

Discount store competition is fierce in mainland China, with most focusing solely on price wars. Taiwan's PX Mart (formerly known as Pxmart) has successfully built brand loyalty by imbuing 'cheap' with diverse meanings through phased marketing upgrades. Their experience demonstrates that discount stores can transform price advantages into long-term competitiveness through honest communication, lifestyle aesthetics narratives, and relationship marketing, making saving money a dignified way of life. This approach goes beyond simple discounts and fosters a deeper connection with consumers.