Customs General Administration And Ningbo Shipping Exchange Deepen Cooperation To Promote Global Trade Index Development

Customs General Administration And Ningbo Shipping Exchange Deepen Cooperation To Promote Global Trade Index Development

The General Administration of Customs' Global Trade Monitoring and Analysis Center has signed a memorandum of cooperation with the Ningbo Shipping Exchange to engage in in-depth collaboration in global trade research and index construction. This partnership aims to leverage big data analysis to enhance the responsiveness of trade markets and support the development of both domestic and international trade.

07/28/2025 Logistics
Read More
WCO and GS1 Collaborate to Enhance Global Trade Data Standards

WCO and GS1 Collaborate to Enhance Global Trade Data Standards

The World Customs Organization (WCO) collaborates with GS1 to build a more secure, efficient, and transparent global trade ecosystem through data-driven solutions. Their cooperation spans data standardization, risk management, and technological innovation, addressing global trade challenges and enhancing trade facilitation. This partnership aims to contribute to global economic prosperity by promoting streamlined processes and improved security measures within international trade.

01/05/2026 Customs Knowledge
Read More
WCO and WTO Partner to Simplify Global Trade Processes

WCO and WTO Partner to Simplify Global Trade Processes

The World Customs Organization (WCO) works closely with the World Trade Organization (WTO) to promote the implementation of the Trade Facilitation Agreement (TFA). The WCO supports customs administrations in enhancing efficiency and transparency through capacity building, standard setting, information sharing, tool development, and advocacy. These efforts aim to simplify customs procedures, reduce trade costs, and ultimately contribute to the prosperity of global trade.

01/07/2026 Customs Knowledge
Read More
DHL Opens Liaocheng Hub to Enhance International Courier Speed

DHL Opens Liaocheng Hub to Enhance International Courier Speed

The DHL Express Liaocheng Service Center has recently become operational, marking the complete coverage of its direct network in Shandong. The volume of shipments to Belt and Road countries is expected to account for 30%. The new center can significantly reduce transit times by over 30%, effectively enhancing the international logistics efficiency for local businesses.

08/04/2025 Logistics
Read More
Indonesian Rupiah Weakens Against US Dollar Amid Market Trends

Indonesian Rupiah Weakens Against US Dollar Amid Market Trends

Recent data shows that 1 Indonesian Rupiah (IDR) is equivalent to 0.0000614797 US Dollar (USD), while 1 US Dollar can be exchanged for 16,265.5 Indonesian Rupiah. The recent fluctuations in exchange rates reflect the significance of the economic and market dynamics of both countries, providing real-time exchange rate information that facilitates business and investment.

08/08/2025 Exchange Rate Query
Read More
Nigeria Tops African Stock Markets Amid Divergent July Growth

Nigeria Tops African Stock Markets Amid Divergent July Growth

African stock markets showed mixed performance in July. The Nigerian stock market led the gains with a 16.56% increase, while the South African stock market rose by 2.28%, although Rand depreciation may pose challenges. Mauritius and Kenya also recorded growth. Investors should pay attention to the economic differences between countries and make cautious decisions.

07/31/2025 Exchange Rate Query
Read More
Alibaba Sellers Adopt Costcutting Strategies for Highvalue Keywords

Alibaba Sellers Adopt Costcutting Strategies for Highvalue Keywords

This article delves into the causes of high-cost keywords on Alibaba.com and offers five optimization strategies: improving keyword-product relevance, optimizing product selection, precisely targeting the target market, analyzing popular search countries and traffic sources, and enhancing promotion scores. The aim is to help operators effectively control their budget and improve promotion efficiency.

01/04/2026 Customs Knowledge
Read More
WTO Marks 50 Years of Fair Trade Rules Under Customs Pact

WTO Marks 50 Years of Fair Trade Rules Under Customs Pact

This paper reviews the 50-year development of the WTO Customs Valuation Agreement, emphasizing its crucial role in maintaining fair trade and promoting international cooperation. It examines the agreement's impact on global trade practices and its contributions to reducing trade barriers. Furthermore, the paper looks forward to future development directions, considering emerging challenges and opportunities in the international trade landscape. It highlights the agreement's continued relevance in ensuring transparent and predictable customs valuation procedures, fostering trust among trading partners, and facilitating efficient cross-border trade flows.

01/05/2026 Customs Knowledge
Read More
Customs General Administration Promotes Innovation and Development Measures in Processing Trade

Customs General Administration Promotes Innovation and Development Measures in Processing Trade

The General Administration of Customs has introduced new measures to promote stable growth in foreign trade and encourage innovation in processing trade. By optimizing management models and supporting high-tech and environmentally-friendly repair services, the transition of processing trade towards higher-end segments is accelerated. Additionally, the simplification of approval processes reduces the burden on enterprises, providing convenience for the healthy development of foreign trade.

07/21/2025 Logistics
Read More