Ecommerce Exports Boom at Chinas Hainan Sanya Airport

Ecommerce Exports Boom at Chinas Hainan Sanya Airport

Sanya Airport's cross-border e-commerce export business has experienced explosive growth, with a value exceeding 80 million yuan in four months. Benefiting from route advantages, policy support, and market demand, Hainan's cross-border e-commerce has achieved faster logistics, reduced costs, and improved efficiency, bringing tangible benefits to businesses. In the future, Hainan needs to further expand routes and optimize operations to address challenges and consolidate its advantages in cross-border e-commerce development.

EU Carbon Border Tax Marks Climate Policy Milestone

EU Carbon Border Tax Marks Climate Policy Milestone

The EU's Carbon Border Adjustment Mechanism (CBAM) is a crucial policy tool for addressing climate change and preventing carbon leakage. Its legislative journey began in 2019, encompassing drafting, internal negotiations, formal adoption, and entry into force. By imposing carbon tariffs on high-carbon emission goods, CBAM aims to promote global emissions reduction, reshape trade patterns, and drive technological innovation. The EU will continuously revise and adjust CBAM to ensure its effectiveness and feasibility in achieving its climate goals and preventing unfair competition.