China Shifts Foreign Trade Focus to Sustainability by 2025

China Shifts Foreign Trade Focus to Sustainability by 2025

By 2025, China's foreign trade will shift away from a reliance on scale and achieve steady growth. Emerging markets will become the primary engine of growth, with a surge in exports of high value-added products, led by the 'new three'. The role of private enterprises will be strengthened, and trade patterns will diversify. Coastal regions will remain the main force, while central and western regions will accelerate their rise. China's foreign trade is transitioning from 'scale resilience' to 'structural resilience'.

Latvia Sets Global Standard in Customs Training Innovation

Latvia Sets Global Standard in Customs Training Innovation

Latvia has developed an innovative customs talent cultivation model in cooperation with Riga Technical University, the State Revenue Service, and the private sector, creating a multi-stakeholder ecosystem. This model combines theory and practice, integrates multiple disciplines, and continuously improves training quality, offering valuable insights for other countries. Simultaneously, the WCO Management Development Program empowers customs leaders and contributes to building a global community for customs talent development. This collaborative approach fosters a more effective and globally connected customs workforce.

Freight Market Recession Worsens Cass Index Shows

Freight Market Recession Worsens Cass Index Shows

The latest Cass Freight Index report reveals a decline in both freight volume and expenditures in October, signaling a market downturn. Factors such as weakening demand, excess capacity, the rise of private fleets, and supply chain reshaping are creating challenges for logistics companies. To survive and thrive in this environment, businesses should focus on refined operations, diversified services, technological innovation, strategic partnerships, and risk management. These strategies will help them weather the storm and prepare for the eventual resurgence of the logistics industry.

Guide to Shipping Your Car to Australia Costs and Process

Guide to Shipping Your Car to Australia Costs and Process

This article provides a detailed explanation of the costs, procedures, and precautions involved in shipping a private vehicle to Australia. It aims to give readers a comprehensive understanding of vehicle shipping, covering aspects like freight charges, customs clearance, and necessary documentation. The guide offers practical advice for those planning a self-drive tour in Australia, ensuring a smooth and informed vehicle transportation process. It serves as a valuable resource for anyone looking to bring their car to Australia for an extended trip.

Central America Turns to Ppps to Modernize Customs Enhance Trade

Central America Turns to Ppps to Modernize Customs Enhance Trade

The World Customs Organization participated in the 'Americas Partnership for Prosperity' wrap-up meeting, focusing on customs modernization projects in Central America. The meeting highlighted the role of public-private partnerships in trade facilitation and economic development, sharing best practices and discussing risk management and AEO programs. Newly participating countries also expressed their commitment to advancing customs modernization, signaling a new chapter in regional cooperation. The discussions underscored the importance of streamlined customs procedures for boosting regional trade and investment.

Burkina Faso Boosts Customs with Wcobacked Reforms

Burkina Faso Boosts Customs with Wcobacked Reforms

With support from the Japan Customs Cooperation Fund, the World Customs Organization (WCO) held a workshop in Burkina Faso to assist the country in implementing the revised Kyoto Convention (RKC) and the SAFE Framework. The workshop focused on the Authorized Economic Operator (AEO) program, providing practical guidance on the RKC and AEO for customs officials and private sector representatives of Burkina Faso. It also helped develop action plans to improve customs administration and promote international trade development in Burkina Faso.

WCO Urges Stronger Customsbusiness Ties at Shanghai Forum

WCO Urges Stronger Customsbusiness Ties at Shanghai Forum

The WCO Deputy Secretary General attended the IFCBA conference, emphasizing customs-business cooperation for trade facilitation. The focus was on the efforts of Chinese Customs and discussions centered around WCO surveys aimed at improving trade efficiency. The importance of collaboration between customs authorities and the private sector was highlighted as a key driver for streamlining border procedures and reducing trade costs. The conference provided a platform for exchanging best practices and exploring innovative approaches to enhance customs operations and promote seamless international trade.

Congo Enhances Customs Valuation with WCO Support

Congo Enhances Customs Valuation with WCO Support

The World Customs Organization (WCO) is assisting the General Directorate of Customs and Excise of the Democratic Republic of Congo (DGDA) in its transition following the termination of contracts with private inspection companies. A WCO expert mission visited the DRC to help DGDA officials consolidate their knowledge, introduce new tools, and provide technical support through meetings and workshops. The aim is to establish an efficient and transparent customs valuation system, promoting economic development and integration into the global economy for the DRC.

Shopee Expands Crossborder Ecommerce Opportunities for Sellers

Shopee Expands Crossborder Ecommerce Opportunities for Sellers

This article analyzes the opportunities and challenges of Shopee cross-border e-commerce for beginners, exposing the tactics of unscrupulous training institutions and advising newcomers to enter cautiously. It also highlights the potential of domestic e-commerce, emphasizing the importance of refined operations, content e-commerce, private domain traffic, and branding. The advice is for beginners to improve their skills first before making a choice. Entering the cross-border market requires careful consideration and preparation to avoid potential pitfalls and maximize success.

Google SEO Key to Global Growth for Foreign Trade Sites

Google SEO Key to Global Growth for Foreign Trade Sites

Google SEO offers a cost-effective and high-return traffic acquisition method for foreign trade independent websites. By optimizing website content and structure, it improves keyword rankings, generates free and stable organic traffic, and builds a private domain traffic pool to achieve precise lead generation and brand enhancement. Combining short-term SEM and long-term SEO strategies can achieve the best promotional results. Focus on optimizing for relevant keywords and providing valuable content to attract your target audience and improve your website's visibility.