Railway Freight Reform: Charting A New Blueprint For Supply-side Reform

Railway Freight Reform: Charting A New Blueprint For Supply-side Reform

In recent years, significant progress has been made in railway freight reform, particularly with innovations in express transportation models. New fast freight trains not only enhance transportation speed and service quality but also reduce logistics costs, driving regional economic development. The railway corporation is committed to building modern logistics enterprises, fully leveraging the green advantages of railway transport, and continuously adapting to market demands to promote supply-side reform. This series of reform measures will bring new development opportunities to the railway freight industry in the future.

China Aims to Cut High Logistics Costs Amid Global Competition

China Aims to Cut High Logistics Costs Amid Global Competition

In China, logistics costs account for 16.6% of GDP, which is 5 percentage points higher than the global average. Low logistics efficiency and effectiveness contribute to rising costs. To reduce logistics costs, efforts should focus on four areas: building systems, sharing resources, innovating logistics models, and optimizing the market environment. These measures aim to enhance overall logistics service efficiency and promote supply-side reform.

07/28/2025 Logistics
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Domain Flipping Gains Popularity As Lowcost Side Hustle

Domain Flipping Gains Popularity As Lowcost Side Hustle

This article explores the potential of domain flipping as a low-cost, high-return investment strategy. Through case studies, tips, and platform recommendations, it provides a practical guide to domain investing. Readers will learn how to find, evaluate, and market domains effectively, enabling them to succeed in the domain market. The article covers essential aspects like domain valuation, negotiation techniques, and strategies for maximizing profits, ultimately empowering individuals to capitalize on the lucrative opportunities within the domain industry.

China Deregulates Rail Freight Prices to Cut Logistics Costs

China Deregulates Rail Freight Prices to Cut Logistics Costs

China's National Development and Reform Commission is expanding market-based pricing for railway freight. Prices for some freight services will now be determined by market supply and demand, leading to potential price fluctuations. Businesses will have more choices, and market competition will intensify. Railway companies are required to regulate their pricing practices and protect consumer rights. This reform aims to improve efficiency and responsiveness to market demands, potentially impacting overall logistics costs.

09/26/2025 Logistics
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The Hump Route A Legendary Air Supply Line During the War of Resistance Against Japan

The Hump Route A Legendary Air Supply Line During the War of Resistance Against Japan

During the War of Resistance, China opened the 'Hump Route' under the blockade of Japanese forces, becoming a vital supply channel. This route crossed the harsh conditions of the Himalayas and ensured the delivery of 800,000 tons of materials to China. Chinese and American pilots fought side by side, overcoming difficulties and demonstrating indomitable spirit. This historical event not only represented material supply but also stood as a testament to the cooperation between China and the United States during the war.

07/28/2025 Logistics
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Cameroon Boosts Trade with WCO Customs Reform

Cameroon Boosts Trade with WCO Customs Reform

The World Customs Organization (WCO) conducted a diagnostic assessment of Cameroon's customs valuation control system to enhance trade efficiency and compliance. Through in-depth discussions with customs officials and business representatives, the WCO proposed recommendations to strengthen valuation capacity, optimize processes, and enhance information sharing. These efforts aim to help Cameroon better implement the WTO Valuation Agreement, promote trade facilitation, and foster economic growth. The assessment focuses on improving customs valuation practices to streamline trade procedures and ensure fair revenue collection.

WCO Aids Bosnia in Ecommerce Customs Reform

WCO Aids Bosnia in Ecommerce Customs Reform

The World Customs Organization (WCO) held a cross-border e-commerce workshop in Bosnia and Herzegovina (BiH) to enhance BiH Customs' awareness of WCO tools and initiatives, promoting the security and facilitation of cross-border e-commerce. The workshop highlighted the WCO Framework of Standards on Cross-Border E-Commerce and the Immediate Release Guidelines, and discussed topics such as intellectual property rights protection. BiH Customs officials stated that the workshop deepened their understanding of WCO tools and will contribute to the implementation of the E-Commerce Framework of Standards (FoS).

Rwanda Promotes Public Participation in Governance Reform

Rwanda Promotes Public Participation in Governance Reform

Rwanda is committed to building an open and transparent decision-making system, ensuring public participation in law-making and policy implementation through laws and frameworks. This aims to build trust between the government and the public, improve policy execution efficiency, and ultimately empower the public to create a better future. Rwanda's experience provides valuable lessons for other countries. This approach emphasizes citizen engagement and accountability, fostering a more inclusive and responsive governance model. The focus is on creating a system where public input directly shapes policy outcomes.

Peru Enhances Trade Efficiency with Customs Reform

Peru Enhances Trade Efficiency with Customs Reform

The SECO-WCO GTFP provided technical assistance to Peruvian Customs for implementing a Time Release Study (TRS). The aim was to enhance Peruvian Customs' capacity through WCO methodology training, procedure review, and software training, identifying bottlenecks and optimizing processes. The successful TRS pilot paved the way for national implementation, potentially improving Peru's trade facilitation and international competitiveness. This initiative highlights the importance of data-driven decision-making in trade facilitation. The study focused on identifying areas where customs procedures could be streamlined to reduce clearance times and improve overall efficiency.

Laos Boosts Trade with Wcobacked Customs Reform

Laos Boosts Trade with Wcobacked Customs Reform

In 2017, the WCO conducted a tariff classification capacity building project in Laos to improve its classification skills, establish an advance ruling system, and implement HS 2017. Through workshops, tool applications, and expert guidance, the capacity of Lao Customs officials was enhanced, laying the foundation for trade facilitation. The experience of Chinese Customs also provided a reference for Laos. This initiative serves as a model of international cooperation in promoting trade facilitation and contributes to the economic development of Laos.