China Expands Service Trade with New Negative List

China Expands Service Trade with New Negative List

The Ministry of Commerce is fully implementing the negative list for cross-border service trade, aiming to enhance the level of opening-up, boost market vitality, and promote economic transformation and upgrading. The new policy clarifies the admission "baseline", improves policy transparency, and actively aligns with international rules, bringing new development opportunities for enterprises. Companies should pay close attention to policy trends, adjust their strategies, and operate in compliance to seize the benefits of opening-up. This initiative is expected to foster a more dynamic and competitive environment for the service sector.

11/03/2025 Logistics
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Nigeria Revises Tariffs to Align With Afcfta Trade Pact

Nigeria Revises Tariffs to Align With Afcfta Trade Pact

Nigeria is upgrading its tariff system in collaboration with the WCO and ECOWAS to prepare for the African Continental Free Trade Area (AfCFTA). This modernization aims to improve trade efficiency, combat smuggling, and promote regional integration. The updated system will streamline customs procedures and enhance compliance with international standards, ultimately facilitating smoother trade flows and contributing to Nigeria's economic growth within the AfCFTA framework. This initiative signifies Nigeria's commitment to leveraging the opportunities presented by the AfCFTA and strengthening its position as a key player in African trade.

01/05/2026 Customs Knowledge
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WCO South Korea Boost Trade Training with Clikc Upgrade

WCO South Korea Boost Trade Training with Clikc Upgrade

The World Customs Organization (WCO), in collaboration with the Korea Customs Service (KCS), is upgrading the CLiKC! e-learning platform to enhance the capacity of customs officials worldwide to address emerging technologies and global trade trends. By developing new courses, optimizing platform technology, and expanding language support, this project will provide higher-quality training resources for customs personnel and supply chain partners. This initiative aims to promote global trade facilitation and international customs cooperation, ultimately strengthening the global customs community's ability to navigate the complexities of modern trade.

12/30/2025 Customs Knowledge
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Fast Fashion Giant Shein Faces Steep Valuation Drop

Fast Fashion Giant Shein Faces Steep Valuation Drop

Chinese cross-border e-commerce giant SHEIN's valuation has plummeted from $100 billion to $64 billion, causing shockwaves in the industry. This article analyzes the triple challenges SHEIN faces, including ESG scrutiny, copyright design issues, and low-price competition from Temu. It also explores the future development direction of SHEIN and the entire fast fashion industry, emphasizing the importance of transformation, upgrading, and embracing sustainable development. The article suggests that adapting to changing consumer demands and addressing ethical concerns are crucial for the long-term viability of SHEIN and similar companies.

01/06/2026 Logistics Industry Insights
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Banggood Cuts Jobs As Crossborder Ecommerce Slows

Banggood Cuts Jobs As Crossborder Ecommerce Slows

Banggood, a well-known cross-border e-commerce seller in Guangzhou, is reportedly requiring employees to take early leave, with only 80% of the minimum wage paid the following month, raising concerns about the survival of cross-border e-commerce. Against the backdrop of a global economic downturn and high inflation, cross-border e-commerce companies face multiple challenges in supply chain and operations, urgently requiring transformation and upgrading. These difficulties highlight the pressures faced by businesses navigating a challenging economic climate and the need for adaptation to ensure long-term sustainability.

01/06/2026 Logistics Industry Insights
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Banggood Adapts to Crossborder Ecommerce Challenges

Banggood Adapts to Crossborder Ecommerce Challenges

Rumors of Banggood's 'bankruptcy' proved false, but highlighted the transformation challenges faced by the product listing strategy in cross-border e-commerce. This article analyzes these challenges, exploring transformation directions like refined operation and intelligent operation. Using successful cases like E-bay Network as examples, it illustrates how product listing sellers can break through via innovation and upgrading. The article emphasizes the importance of intelligent operation in the future development of the product listing model, suggesting it's crucial for sustained growth and competitiveness in the evolving e-commerce landscape.

01/05/2026 Logistics Industry Insights
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Ulta Beauty Expands Omnichannel Fulfillment Capacity

Ulta Beauty Expands Omnichannel Fulfillment Capacity

Ulta Beauty is expanding its store fulfillment program to 400 locations, enhancing its same-day delivery service. This initiative aims to improve efficiency, reduce costs, and strengthen the omnichannel experience for customers. By leveraging its store network for fulfillment, Ulta Beauty is optimizing its logistics and providing faster delivery options. The company is also upgrading its supply chain to support future growth and meet the increasing demands of its expanding e-commerce operations. This strategic move underscores Ulta Beauty's commitment to providing a seamless and convenient shopping experience across all channels.

01/16/2026 Logistics
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Brazil Adjusts Coffee Tariffs to Comply With EU Deforestation Rules

Brazil Adjusts Coffee Tariffs to Comply With EU Deforestation Rules

Brazil is adjusting its coffee industry tariffs to address the EU Deforestation Regulation (EUDR) and promote industry upgrading. This involves lowering import tariffs on compliance-related equipment, increasing export tax rebates for high-value-added products, and restricting the export of low-quality coffee beans. Brazil aims to strengthen its position in the EU market, deepen trade with China, and achieve sustainable development and high-value transformation of its coffee industry. The adjustments are designed to ensure EUDR compliance while simultaneously boosting the competitiveness and profitability of the Brazilian coffee sector.

01/15/2026 Customs Knowledge
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8 Practical Tips to Improve Freight Forwarding Sales Efficiency

8 Practical Tips to Improve Freight Forwarding Sales Efficiency

This article outlines 8 practical tips to enhance cargo solicitation efficiency in the freight forwarding industry. These include sincerity and enthusiasm, competitive pricing, consistent client care, strong customs relationships, document handling skills, collaboration with shipping companies, support for manufacturers without import/export rights, and partnerships with insurance companies. Implementing these strategies will help freight forwarders build strong client relationships, improve service competitiveness, and achieve sustainable business growth.

07/21/2025 Logistics
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Guide to Mastering FCL Shipping in International Ocean Freight

Guide to Mastering FCL Shipping in International Ocean Freight

This article provides a detailed and easy-to-understand introduction to the operational process of international ocean freight FCL, covering key steps such as booking, container pickup, loading, customs declaration, consolidation at the port, and vessel loading. It also shares important considerations during the ocean freight process. The aim is to help foreign trade beginners quickly grasp ocean freight knowledge and improve their operational skills.

09/26/2025 Logistics Encyclopedia
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