macau development bank News

Chongqing Nanpeng Expressway Bonded Logistics Center (type B) Officially Approved, Boosting International Logistics Development

The Nanpeng Highway Bonded Logistics Center (Type B) in Chongqing has been approved, becoming the city's second bonded logistics center of its kind. This facility will effectively enhance connections between domestic and international markets, serving cross-border e-commerce and the Southeast Asian market. Located in the accessible Nanpeng Trade and Logistics Base, the center aims to promote the implementation of the 'Belt and Road' initiative and the Yangtze River Economic Belt strategy, thereby strengthening Chongqing's role as an international logistics hub with significant development potential.

07/21/2025 Logistics

Yantai Port's First Domestic North-south Main Line Officially Launches, Promoting Regional Economic Development

The first self-operated domestic trade mainline of Yantai Port, connecting Jinzhou-Yantai-Quanzhou, has officially commenced, successfully arriving after a six-day journey. This route will significantly enhance import and export volumes in the Bohai Bay, promote a positive cycle between main and branch lines, and establish a direct connection between Yantai and Quanzhou, thus aiding regional economic development and increasing the market competitiveness of Yantai Port.

10/21/2023 Logistics

The ‘belt and Road’ Initiative Promotes the Recovery and Development of the Shipping Industry

The Belt and Road Initiative has created new development opportunities for the global shipping industry, promoting infrastructure connectivity and enhancing international trade ties. The growth of agricultural development and cold chain logistics has energized the shipping sector. Additionally, Guangzhou, as a key shipping hub, is continuously enhancing its port logistics capabilities while actively planning for future development.

07/21/2025 Logistics

New UNAFNGLA008 Code Aims to Secure Crossborder Remittances

The article discusses the SWIFT/BIC code UNAFNGLA008 of the UNITED BANK FOR AFRICA PLC, explaining the composition of this code and its significance in ensuring the safety of international remittances. It emphasizes the necessity of careful handling and accurate use of SWIFT codes.

08/20/2025 International Settlement

Germany Adopts IBAN Standard for Global Transfers

This article introduces the International Bank Account Number (IBAN) format used in Germany, explaining its structure and how to obtain it. It emphasizes the importance of IBAN in international remittances and answers common questions to help readers navigate cross-border financial operations more effectively.