New Customs Declaration Form Adds Trade Country (region) Indicator to Promote International Trade Transparency

New Customs Declaration Form Adds Trade Country (region) Indicator to Promote International Trade Transparency

The General Administration of Customs recently announced reforms to the customs declaration process, introducing a new 'Trade Country (Region)' indicator. This change aims to enhance the accuracy of customs declarations and reflect the true state of international trade, in line with the developments of economic globalization. The indicator will streamline the customs clearance process, improve efficiency, and assist businesses in conducting more effective global trade.

07/21/2025 Logistics
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US Trade Deficit Widens Amid Tariff Disputes Weak Investment

US Trade Deficit Widens Amid Tariff Disputes Weak Investment

Bloomberg predicts the US trade deficit will hit a record high in May, with the total deficit for the first five months far exceeding levels during the pandemic. A surge in exports from several Asian countries to the US is potentially linked to the temporary expiration of US 'reciprocal tariffs.' Uncertainty surrounding tariff policies has led to a decline in foreign investment inflows into the US. Economists warn this could hinder economic growth. The US needs to carefully consider its tariff policies and strengthen international cooperation to mitigate potential negative consequences.

11/03/2025 Logistics Industry Insights
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WCO Marks 20 Years of Boosting Asiapacific Customs Capacity

WCO Marks 20 Years of Boosting Asiapacific Customs Capacity

The WCO Regional Office for Capacity Building Asia Pacific (ROCB A/P) celebrates its 20th anniversary. It has significantly enhanced customs capacity in the region and promoted trade facilitation. Moving forward, the ROCB A/P will continue to strengthen cooperation with member administrations and partners. Its focus remains on delivering effective capacity building programs and fostering regional integration to support sustainable economic growth and security within the Asia-Pacific region. The anniversary marks a significant milestone in the ROCB A/P's commitment to advancing customs modernization and regional collaboration.

01/05/2026 Customs Knowledge
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Europe Boosts Customs Training with Datadriven Strategies

Europe Boosts Customs Training with Datadriven Strategies

A meeting of the World Customs Organization's European region was held in Moscow to strengthen cooperation and coordination in customs capacity building within the region. The meeting reviewed the progress of five major capacity development projects and discussed the development of a database of regional customs education institutions, a logistics manual, an e-journal, and a common learning platform. These initiatives aim to enhance regional customs capacity, promote trade facilitation, and ensure security. The discussions laid the groundwork for future advancements in these areas, contributing to a more efficient and secure customs environment.

12/30/2025 Customs Knowledge
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Optimizing Global Trade Achieving Sustainable Logistics

Optimizing Global Trade Achieving Sustainable Logistics

This article discusses the importance of optimizing global trade and supply chains to minimize environmental impact. Currently, all stakeholders must share the responsibility of promoting logistics decarbonization for sustainable development. The article summarizes relevant research and trends, highlighting the need for coordinated efforts to ensure that logistics systems are both efficient and eco-friendly, ultimately benefiting future society.

07/22/2025 Logistics
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Global Customs Reforms Streamline International Trade

Global Customs Reforms Streamline International Trade

This article introduces several tools and services provided by the World Customs Organization (WCO), including trade tools, a publication store, customs enforcement networks, an online learning platform, and a single window interactive map. These resources aim to promote the standardization and efficiency of international trade, enhance the capabilities of customs professionals, and ultimately contribute to the sustainable development of the global economy.

08/08/2025 Customs Knowledge
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Guide to Mastering International Trade Compliance

Guide to Mastering International Trade Compliance

This article delves into the significance, types, and key points of packing list preparation in international trade. It details the applicable scenarios for different types of packing lists, such as packing lists, weight lists, and dimension lists. The article emphasizes critical details like consistent document names, accurate weight information, and complete inner packaging details. Furthermore, it provides practical operational suggestions including using professional software, establishing standardized templates, and strengthening communication, aiming to help companies improve packing list preparation efficiency and avoid trade risks.

09/26/2025 Document Interpretation
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Global Shipping Giants Dominate Maritime Trade

Global Shipping Giants Dominate Maritime Trade

This article compiles a directory of major global shipping companies, covering shipping giants in China, Europe, Asia, and the Americas. It briefly introduces the business characteristics and market positions of each company. By understanding these shipping enterprises, readers can gain a clearer understanding of the pulse of global trade and gain insights into industry development trends. The directory provides a valuable resource for those interested in international logistics and the movement of goods worldwide, offering a snapshot of the key players in this vital sector.

09/26/2025 Shipping Company Encyclopedia
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