General Terms in International Trade: The Application and Importance of Incoterms®
Incoterms® are the standard terms in international trade that clarify the responsibilities of buyers and sellers. The 2020 version aims to reduce disputes.
In-depth Analysis of Beijing Airport Customs General Trade Export Declaration Process
This article analyzes the relevant processes and precautions for general trade export declaration at Beijing Airport Customs. It discusses the implementation background of paperless declaration and the importance of brand authorization. Two main methods of declaration and their required documents are clarified, emphasizing the importance of ensuring that the declared information aligns with the actual goods to avoid unnecessary troubles and penalties.
Requirements and Customer Sales Impact of Material Re-export for Processing Trade
This article explores the customs supervision requirements during the re-export of materials processed under the processing trade. Imported materials must be exported after processing, and the export volume must reasonably correspond to the quantity of materials used. Companies selling to other international clients must ensure complete customs declaration procedures.
Exploring Tacoma Port: A Busy Trade Hub on the US West Coast
The Port of Tacoma, located in Washington State, serves as a commercial hub on the U.S. West Coast. It offers convenient connections to Seattle and meets logistical demands through its deep-water berths and container terminals. The southern area, including the Hylebos Waterway and Blair Waterway, provides excellent shipping conditions that extend inland.
First “chifeng-manzhouli-europe” International Freight Train Launched, Boosting Foreign Trade Development
The first "Chimanou" international freight train set off from Chifeng on September 17, carrying 1,100 tons of lysine directly to Russia. The journey covers 9,000 kilometers, taking 10-12 days one way. By utilizing an efficient customs declaration model, companies can benefit from expedited clearance services, significantly improving foreign trade transportation efficiency and enhancing regional economic growth and international competitiveness.
Chinaeurope Railway Express A New Benchmark For Precision Logistics Supporting Global Trade
As of August this year, the China-Europe Railway Express has operated a total of 10,000 trains, promoting efficient and convenient international trade. Various digitalization and infrastructure upgrade measures have significantly improved transportation quality, supporting the efficient connection of global goods transport and establishing a benchmark in the logistics sector.
Freight Payment Terms PP and CC Shape Global Trade Costs and Trust
Prepaid freight (PP) and collect freight (CC) are significant terms in the logistics industry. PP indicates that the shipper has paid the freight, while CC means payment is made upon receipt. Generally, collect freight is more expensive, and its payment method is closely linked to transaction terms. Understanding these concepts is essential for managing transportation costs effectively and gaining insights into international trade.
Chinas Nanjing Customs Lab Named WCO Regional Hub for Asiapacific Trade Security
Nanjing Customs Laboratory of China's General Administration of Customs has officially become a WCO Regional Customs Laboratory, marking a new opportunity for customs cooperation in the Asia-Pacific region. The laboratory boasts expertise in areas such as agricultural products, minerals, and hazardous materials identification. It will provide support to WCO members in the region, strengthen information sharing, organize workshops and training courses to enhance the professional skills of customs personnel, facilitate trade, and contribute to building an open, secure, and prosperous global trade system.
Global Tariff Policies Reshape Economy and Aviation Industry
This paper explores the sudden effects of the U.S. general tariff policy on the global economy and the aviation industry. It analyzes the dynamic trade relationships, global supply chains, and the multifaceted effects of tariffs on GDP and trade growth. In the face of future economic uncertainties, businesses must urgently adjust their strategies in response to policy changes to maintain a competitive edge.
Export License Guide for Crossborder Logistics Simplified
The Cross-border Logistics Export License (EL) is an essential document for companies engaging in international trade. Applying for an EL involves multiple steps, including filling out information, uploading materials, and undergoing a review process. Understanding the core elements of the EL and its application procedure can help newcomers in foreign trade improve efficiency, ensure compliance, and smoothly enter the international market.