China Customs Supports WCO in Global Trade Valuation Standards

China Customs Supports WCO in Global Trade Valuation Standards

The WCO Revenue Package aims to enhance customs revenue collection capabilities of member countries. China Customs actively participates in this initiative, providing valuation control case studies and sharing its experiences. China's customs valuation control system, characterized by comprehensive laws and regulations, advanced risk management techniques, a robust valuation database, and effective inter-departmental collaboration, offers valuable lessons for other nations. This participation underscores China's commitment to supporting global efforts in securing customs revenue and promoting best practices in valuation control.

Timatic Widget Streamlines Travel with Automated Data

Timatic Widget Streamlines Travel with Automated Data

The Timatic Widget is an intelligent travel information solution that integrates the power of the Timatic database into websites and applications via an embedded component. It provides real-time updates on visa, passport, and health regulations. Supporting customized interfaces and multiple languages, it's suitable for airlines, travel agencies, and others. The Timatic Widget aims to simplify compliance processes and enhance user experience by providing accurate and up-to-date travel requirements, ultimately streamlining travel planning and reducing potential issues at borders.

Californias Appliance Efficiency Rules Challenge Amazon Sellers

Californias Appliance Efficiency Rules Challenge Amazon Sellers

Amazon has announced new regulations requiring home appliances sold in California to comply with California Energy Commission (CEC) energy efficiency standards and be registered in the MAEDbS database. Sellers must verify if their products are subject to CEC regulations, ensure compliance with energy efficiency standards, complete MAEDbS registration, and provide registration information to Amazon. Products not registered will be prohibited from sale in California. This article provides a detailed interpretation and compliance guide for sellers to navigate these new requirements.

Shopee Sellers Struggle with Profitability in Crossborder Ecommerce

Shopee Sellers Struggle with Profitability in Crossborder Ecommerce

This paper analyzes the difficulties faced by new Shopee cross-border e-commerce sellers in achieving profitability, revealing the database-driven product listing model of large Shenzhen sellers and the low-price competition strategies of Taobao-affiliated sellers. To address these challenges, the article proposes two viable profit models: high-profit margin products combined with precise advertising, and a professional store model. It emphasizes that new sellers should avoid red ocean competition and seek blue ocean markets through precise positioning and refined operations.

Trade Deals Cut Sourcing Costs for Global Manufacturers

Trade Deals Cut Sourcing Costs for Global Manufacturers

Multinational manufacturers can significantly reduce global procurement costs by effectively leveraging trade agreements. This paper proposes five best practices: in-depth understanding of regulations, building a regulatory database, optimizing supply chain connectivity, utilizing advanced technology, and continuous improvement. By implementing these practices, companies can lower tariff expenses and enhance their competitiveness in the global market. Focusing on these key areas enables businesses to maximize the benefits offered by trade agreements and achieve substantial cost savings in their international sourcing operations.

WCO Helps Togo Increase Revenue by Tightening Customs Controls

WCO Helps Togo Increase Revenue by Tightening Customs Controls

The World Customs Organization (WCO) completed a three-phase capacity building assistance program for Togo Customs, aimed at helping the Togolese Revenue Office (OTR) reclaim outsourced customs valuation functions and enhance its valuation capabilities. The program, through diagnostic assessments, expert training, and the establishment of an electronic database, helped Togo Customs close tax loopholes and increase fiscal revenue, providing stronger financial support for national development. The initiative strengthened Togo's ability to accurately assess customs duties and improve overall customs administration.

Lingxing ERP Hires Java Engineers for Ecommerce Expansion

Lingxing ERP Hires Java Engineers for Ecommerce Expansion

Lianxing ERP is hiring a Java Development Engineer in Shanghai to strengthen the technical capabilities of its cross-border e-commerce solutions. The position requires proficiency in Java development, Spring Boot, and Spring Cloud, as well as experience in database management and performance tuning. Located in Jing'an District, Shanghai, Lianxing ERP welcomes ambitious individuals to join and drive technological innovation in cross-border e-commerce. This is an opportunity to contribute to a leading ERP system and shape the future of global trade.

New IATA Directory Simplifies Travel Agency Verification

New IATA Directory Simplifies Travel Agency Verification

The IATA Global Agency List is an online tool designed to provide businesses with a convenient solution for verifying travel agency information. By subscribing to this service, users gain access to a database containing over 90,000 IATA-accredited travel agencies worldwide. They can search by IATA code or name to retrieve detailed agency profiles, improving business efficiency and reducing risk. The directory is regularly updated and features a user-friendly interface, making it a valuable resource for companies partnering with travel agencies.

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AI Transforms Global B2B Sourcing for Export Growth

AI Transforms Global B2B Sourcing for Export Growth

B2B foreign trade companies face challenges in customer acquisition, with traditional methods being costly. This article points out that by leveraging big data and AI technology, through internet big data search, historical trade data analysis, global company database screening, and AI cross-border video tools, companies can achieve efficient and precise customer acquisition, reduce costs, improve inquiry quality, and boost business growth. This approach offers a data-driven and AI-powered solution to overcome the limitations of traditional B2B lead generation methods.

Yokohama Ports Efficiency Sets Benchmark for Asiapacific Ports

Yokohama Ports Efficiency Sets Benchmark for Asiapacific Ports

Since 1956, the Yokohama Port Authority has been responsible for port planning, construction, and management, encompassing the formulation of development plans, facility maintenance, usage permit review, resource leasing, and fee collection. As a significant port in the Asia-Pacific region, its development experience offers valuable insights for the port management field. Looking ahead, smart technology and green concepts will emerge as new directions for port development.