China Customs Supports WCO in Global Trade Valuation Standards

China Customs Supports WCO in Global Trade Valuation Standards

The WCO Revenue Package aims to enhance customs revenue collection capabilities of member countries. China Customs actively participates in this initiative, providing valuation control case studies and sharing its experiences. China's customs valuation control system, characterized by comprehensive laws and regulations, advanced risk management techniques, a robust valuation database, and effective inter-departmental collaboration, offers valuable lessons for other nations. This participation underscores China's commitment to supporting global efforts in securing customs revenue and promoting best practices in valuation control.

01/05/2026 Customs Knowledge
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US and China Cut Tariffs to Boost Ecommerce Trade

US and China Cut Tariffs to Boost Ecommerce Trade

The US and China released the 'Geneva Joint Statement on Economic and Trade', announcing significant mutual tariff reductions, bringing substantial benefits to cross-border e-commerce. Lower tariffs will reduce costs, enhance product competitiveness, and boost market confidence, creating new development opportunities for cross-border e-commerce sellers. Both sides will continue to uphold the concept of win-win cooperation and build a sustainable economic and trade relationship. This agreement is expected to foster increased trade volume and strengthen ties between the two nations.

01/04/2026 Logistics
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China and Australia Strengthen Ties Through Trade and Travel

China and Australia Strengthen Ties Through Trade and Travel

This article analyzes the distance between China and Australia from multiple perspectives, including geography, aviation, navigation, and time difference. It explores the impact of this distance on bilateral trade, personnel exchanges, and diplomatic relations. Despite the geographical separation, China and Australia maintain increasingly close ties in economic and cultural fields. The analysis considers factors influencing travel and communication between the two nations, highlighting the challenges and opportunities presented by their geographical relationship.

01/26/2026 Logistics Encyclopedia
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China Customs Advances Global Trade Via WCO Revenue Plan

China Customs Advances Global Trade Via WCO Revenue Plan

China Customs actively participates in the World Customs Organization's Revenue Package Programme, sharing its experience in valuation control to provide a reference for customs administrations in developing countries. Through measures such as risk management, information sharing, technology application, and capacity building, the valuation control system of China Customs contributes to the healthy development of global trade. This involvement showcases China's commitment to trade facilitation and its willingness to assist other nations in improving their customs valuation practices.

01/26/2026 Customs Knowledge
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US and China Report Trade Progress After Highlevel Talks

US and China Report Trade Progress After Highlevel Talks

U.S. Treasury Secretary Janet Yellen stated that she had a constructive call with Chinese Vice Premier He Lifeng regarding the implementation of the US-China trade agreement, noting positive progress. This high-level dialogue demonstrates both sides' commitment to maintaining and advancing the trade agreement, contributing to global trade stability. The discussion focused on the current state of the agreement and future steps to ensure its continued success, highlighting the importance of ongoing communication and cooperation between the two economic powerhouses.

01/28/2026 International Settlement
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Iran and China Facilitate Rialyuan Trade for Crossborder Payments

Iran and China Facilitate Rialyuan Trade for Crossborder Payments

Say goodbye to complicated Iranian Rial to CNY exchange rate calculations! We offer real-time updated rates, intuitive charts, quick conversions for common amounts, and exchange rate inquiries for various popular currencies. Smart search and secure payments simplify cross-border transactions. Data-driven insights, personalized customization, and customer-centric service help you navigate international transactions with ease. Get accurate exchange rates and streamline your cross-border payments involving Iranian Rial.

01/20/2026 Exchange Rate Query
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China Eyes Service Export Growth Amid Trilliondollar Trade Opportunity

China Eyes Service Export Growth Amid Trilliondollar Trade Opportunity

China's service trade is entering a golden age with significant export growth potential. By deepening institutional opening-up and focusing on new drivers like digital trade, green services, and "AI + Services", while optimizing the structure of traditional and high-end services and building a collaborative ecosystem, China is poised to achieve leapfrog development in service trade. This will contribute Eastern wisdom to the global economy. The key is to foster innovation and create a more favorable environment for international cooperation in the service sector.

02/12/2026 Logistics Industry Insights
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UK and China Strengthen Trade Relations with New Agreements

UK and China Strengthen Trade Relations with New Agreements

The UK and China signed a memorandum on "Exporting to China," making the UK the first country to establish a trade facilitation mechanism. Both sides initiated research on a service trade agreement, deepening cooperation in creative industries and financial services. Strengthening the function of the China-UK Joint Economic and Trade Commission enhances government-business collaboration efficiency, providing stronger support for companies from both countries. This aims to further boost bilateral trade and investment ties.

02/12/2026 Customs Knowledge
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China and Croatia Strengthen Ties Via Trade and Culture

China and Croatia Strengthen Ties Via Trade and Culture

The straight-line distance between China and Croatia is approximately 8,000 kilometers, but actual travel distance increases due to transfers. Air travel is fast but expensive, sea freight is economical but time-consuming, and land transport is a multi-country adventure. Despite the long distance, cultural exchange and cooperation between China and China and Croatia are growing closer. This involves navigating logistical challenges related to transnational transportation and planning for an extended Eurasian journey.

02/02/2026 Logistics Encyclopedia
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US China Agree to 90day Trade Truce Delay Tariffs

US China Agree to 90day Trade Truce Delay Tariffs

The US has once again extended tariff exemptions on Chinese goods, providing a 90-day buffer for US-China trade relations. This article analyzes the impact of the tariff extension on industries such as toys, furniture, and consumer electronics. It emphasizes the irreversible trend of supply chain diversification and highlights that these 90 days are a crucial period for businesses to adjust their strategies and prepare for future uncertainties. Companies should leverage this time to re-evaluate sourcing options and build resilience against potential disruptions.

02/03/2026 Logistics Industry Insights
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