China's FTZs Boost Trade Efficiency with Innovative Reforms

China's FTZs Boost Trade Efficiency with Innovative Reforms

The Free Trade Zone has enhanced trade facilitation and customs efficiency through innovative regulation and experience replication, successfully lowering warehousing and logistics costs. The pilot free trade zones in Zhejiang, Shaanxi, Liaoning, and Sichuan have implemented effective measures to support various types of trade, significantly boosting enterprise competitiveness and market participation. The simplification of customs processes and the application of technology have made import and export trade increasingly efficient, driving regional economic development and changing the market landscape.

07/29/2025 Logistics
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TARIC Key System for EU Tariffs and Trade Compliance

TARIC Key System for EU Tariffs and Trade Compliance

TARIC (Tarif Intégré de la Communauté) is a crucial multilingual database that provides information on the classification of goods in the EU import and export sector along with relevant regulations. It helps businesses comply with tariff and trade policies, reduces risks, and optimizes costs, making it an indispensable tool in international trade.

08/05/2025 Customs Knowledge
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Trade Logistics Expert Shares 16 Years of Industry Insights

Trade Logistics Expert Shares 16 Years of Industry Insights

Sixteen-year experienced freight forwarder wuchenxi shares foreign trade logistics insights, covering key aspects like EXW terms, shipping line booking, customs return, container codes, freight forwarder tiers, survival tips for newcomers, import/export agency, and supplier selection. This guide helps you avoid common pitfalls in foreign trade logistics and enhance your business capabilities.

08/22/2025 Logistics Encyclopedia
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New Opportunities In Channel Economy How Multiple Freight Trains Are Connecting International Trade Networks

New Opportunities In Channel Economy How Multiple Freight Trains Are Connecting International Trade Networks

With policy support, the China-Europe Railway Express and the New Western Land-Sea Corridor have successfully promoted the development of corridor economies. By innovating customs clearance models and enhancing import trade capabilities, these initiatives have fostered international trade cooperation, which will further drive regional economic integration and growth in the future.

07/25/2025 Logistics
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Iran Accelerates HS 2017 Translation to Facilitate Trade

Iran Accelerates HS 2017 Translation to Facilitate Trade

Iran Customs is translating the World Customs Organization's HS 2017 Explanatory Notes into Persian. This initiative aims to reduce trade barriers, improve customs clearance efficiency, and provide clearer commodity classification guidance for Iranian import and export businesses. The first two volumes have been released, and translation of the remaining chapters is underway. This effort will facilitate international trade, enhance Iran's trade participation, and revitalize economic development.

01/05/2026 Customs Knowledge
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Saudi Arabia Joins Key Customs Pacts to Boost Trade

Saudi Arabia Joins Key Customs Pacts to Boost Trade

Saudi Arabia's accession to the World Customs Organization's Kyoto and Istanbul Conventions marks a significant step towards simplifying customs procedures and promoting trade facilitation. The Kyoto Convention focuses on standardizing modern customs procedures, while the Istanbul Convention facilitates the temporary import of goods. Both aim to reduce trade costs, improve efficiency, and foster global economic development. Saudi Arabia's membership is expected to accelerate global trade facilitation efforts.

12/30/2025 Customs Knowledge
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US Container Imports Drop Sharply Signaling Trade Slowdown

US Container Imports Drop Sharply Signaling Trade Slowdown

S&P Global data reveals a 3.4% year-over-year decline in US import container shipping volume for October, signaling potentially larger drops in the coming months. Key factors include inventory overhang, structural shifts in consumer demand, and trade policy uncertainty. Businesses should refine demand forecasting and optimize inventory management. Governments need to stabilize trade relations and improve the business environment to collectively navigate this trade downturn.

01/22/2026 Logistics Industry Insights
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Free Template Eases Customs Process for Import Returns

Free Template Eases Customs Process for Import Returns

To simplify the process of returning imported goods, businesses can download a free "Direct Return of Imported Goods Form" template to quickly generate customs-compliant return applications. We also offer professional customs clearance and inspection services to help businesses complete the return process efficiently and conveniently. This streamlines the return of goods, saving time and resources for businesses dealing with returned imports.

08/21/2025 Document Interpretation
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