Lotte China Tourism Group Eye Postpandemic Dutyfree Growth

Lotte China Tourism Group Eye Postpandemic Dutyfree Growth

Executives from Lotte Duty Free and China Tourism Group Duty Free Corporation (CTG Duty Free) met to revitalize the duty-free industry and prepare for increased Chinese tourists as Sino-Korean relations improve. Both companies shared operational expertise and discussed tourism cooperation. Lotte is proactively planning marketing campaigns to capitalize on the market benefits of visa-free policies. The meeting signals a collaborative effort to leverage the anticipated growth in Chinese tourism within the duty-free sector.

02/03/2026 Logistics Industry Insights
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Hanover Messe 2026 to Spotlight Industrial Innovation Global Partnerships

Hanover Messe 2026 to Spotlight Industrial Innovation Global Partnerships

Hannover Messe 2026 is a global leading industrial trade fair, gathering top companies and technologies. The visiting delegation will focus on innovative technologies, smart logistics, energy solutions, and digital ecosystems. This offers insights into industry trends, expands business cooperation, enhances corporate competitiveness, and explores international markets. The fair provides a platform to discover cutting-edge advancements and network with industry leaders, enabling businesses to stay ahead in the rapidly evolving industrial landscape and capitalize on new opportunities.

02/03/2026 Logistics Industry Insights
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China to Boost Auto Innovation at Guangzhou Tech Expo by 2026

China to Boost Auto Innovation at Guangzhou Tech Expo by 2026

AUTO TECH China 2026, the Guangzhou International Automotive Technology Exhibition, will be held in Guangzhou in November 2026. Focusing on automotive intelligence and electrification, it will bring together global exhibitors and professional visitors. The exhibition will showcase the latest technologies and products in automotive electronics, new energy vehicle technology, lightweight materials, and autonomous driving. Several technical forums will be held concurrently, providing a platform for exchange and cooperation to promote the innovative development of the automotive industry.

02/03/2026 Logistics Industry Insights
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Yen Hits Record Low As Euro Surges Amid Policy Concerns

Yen Hits Record Low As Euro Surges Amid Policy Concerns

The Euro's record high against the Yen highlights structural issues in the Japanese economy. Eurozone fiscal discipline and monetary policy independence support the Euro, while Japan's debt, demographics, and loose monetary policy weaken the Yen. Japan needs structural reforms, monetary policy adjustments, industrial upgrades, and strengthened international cooperation to address Yen depreciation risks and ensure sustainable economic development. These measures are crucial for mitigating the negative impacts of the weak Yen and fostering long-term economic stability.

02/04/2026 Exchange Rate Query
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Malaysiajiangsu Ties Bridging Distance Culture and Trade

Malaysiajiangsu Ties Bridging Distance Culture and Trade

This article provides a detailed overview of the distance, time difference, cultural differences, and economic exchanges between Malaysia and Jiangsu. From geographical distance to cultural nuances, and then to economic cooperation and tourism exchange, it comprehensively analyzes the connections between the two regions, helping readers gain a deeper understanding of Malaysia and Jiangsu. It explores various aspects of their relationship, highlighting the key factors that influence their interactions and offering insights into their shared history and future potential.

02/05/2026 Logistics Encyclopedia
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New Trade Facilitation Committee Aims to Boost Global Commerce

New Trade Facilitation Committee Aims to Boost Global Commerce

The Committee on Trade Facilitation (CTF) promotes the implementation of trade facilitation agreements, reduces trade barriers, and enhances efficiency. It faces challenges and requires strengthened cooperation and targeted assistance to ensure effective implementation. The CTF plays a crucial role in streamlining cross-border trade, benefiting businesses of all sizes, and contributing to global economic growth. Further efforts are needed to address remaining obstacles and maximize the positive impact of trade facilitation measures, especially for developing countries.

02/05/2026 Customs Knowledge
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WTO Advances Trade Facilitation Talks Amid Key Proposals

WTO Advances Trade Facilitation Talks Amid Key Proposals

This paper provides an in-depth analysis of the minutes from the WTO Trade Facilitation Negotiating Group meeting in December 2007. It interprets the positions and proposals of various parties and forecasts the future direction of negotiations. The meeting focused on textual work, the involvement of international organizations, and discussions on technical assistance, capacity building, and special and differential treatment. The article emphasizes that strengthening international cooperation, enhancing transparency, and simplifying trade documents are key directions for future negotiations.

02/05/2026 Customs Knowledge
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WCOUPU Committee Strengthens Trade Oversight for Crossborder Commerce

WCOUPU Committee Strengthens Trade Oversight for Crossborder Commerce

The WCO-UPU Liaison Committee plans to remove observer number limits to enhance openness and inclusivity, fostering broader participation and deeper exchange to address new cross-border trade challenges and promote global trade facilitation. This move aims to enhance the Committee's representativeness and expertise, leading to more effective cooperation and streamlined cross-border trade processes. By removing restrictions, the Committee hopes to encourage greater engagement from relevant stakeholders and contribute to a more efficient and collaborative international trade environment.

02/05/2026 Customs Knowledge
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ASEAN Trade Expands with RMB Settlement for Export Rebates

ASEAN Trade Expands with RMB Settlement for Export Rebates

This paper interprets the RMB settlement export tax rebate policy, focusing on its application in ASEAN trade. Companies trading with countries that have signed RMB trade circulation agreements can apply for tax rebates if the contract and payment are in RMB and an RMB account is opened. Businesses should closely monitor policy updates and strengthen cooperation with financial institutions to fully utilize the convenience of RMB settlement. This facilitates smoother trade transactions and potentially reduces exchange rate risks within the ASEAN region.

08/22/2025 International Settlement
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Croatias Maslinica Port Expands Coastal Shipping Network

Croatias Maslinica Port Expands Coastal Shipping Network

This paper provides an in-depth analysis of the geographic location, shipping characteristics, and role of the Croatian port of Maslenica within Croatia's maritime system. Although small, the port is crucial for local fishing and tourism industries. The article also outlines Croatia's major seaports and envisions the future development direction of Maslenica port, including upgrading facilities, expanding services, and strengthening cooperation. It highlights the port's significance despite its size and its potential for future growth within the broader Croatian maritime context.

09/29/2025 Port Encyclopedia
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