China Streamlines Temporary Trade Clearance with Security Deposits

China Streamlines Temporary Trade Clearance with Security Deposits

This document outlines the key points for preparing a confirmation application for bonded goods under temporary import/export regulations. It covers clarifying the purpose of the application, accurately completing the application form, and preparing the necessary supporting documents. A downloadable application form template is provided, along with recommendations for related customs clearance and inspection services. This aims to simplify the application process for businesses involved in temporary import/export activities requiring surety bonds.

08/21/2025 Customs Knowledge
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Guide to FOB Trade Managing Freight and Risk

Guide to FOB Trade Managing Freight and Risk

This article provides an in-depth analysis of the operational procedures for nominated cargo under FOB trade terms, emphasizing the importance of information communication and instruction execution. It details potential risks such as release of goods without original Bill of Lading and cost settlement issues, along with corresponding mitigation strategies. The article also compares and contrasts the differences and applications of HBL, MBL, and OBL, offering comprehensive operational guidance and risk prevention advice for export companies. This aims to help exporters navigate the complexities of FOB shipments and minimize potential losses.

08/21/2025 Logistics Encyclopedia
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HS Code 5901901000 Tax Rates Impact Global Trade

HS Code 5901901000 Tax Rates Impact Global Trade

The HS code 5901901000 refers to oil painting canvases made from other textiles, with an export tax rate of 0%. This supports art trade, while both the value-added tax and export rebate are 13%. This code falls under the category of textile materials and products, contributing to the development of the art market.

08/05/2025 HS Code Query
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US Updates Trade Codes for Nonseed Black Soybeans

US Updates Trade Codes for Nonseed Black Soybeans

This article provides a detailed analysis of the import and export coding and tax rate information for non-seed black soybeans (code 1201009200), emphasizing their advantages and market potential in trade. It aims to help readers seize trading opportunities in soybeans.

08/05/2025 HS Code Query
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HS Codes for Agricultural Products Boost Global Trade

HS Codes for Agricultural Products Boost Global Trade

This article provides a detailed analysis of agricultural products related to HS Code 12, including endangered seeds, hops, and American ginseng. It explores their export conditions and market demand, offering insights for agricultural enterprises looking to engage in international trade.

08/05/2025 HS Code Query
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Djibouti Aims to Become Key Global Trade Hub

Djibouti Aims to Become Key Global Trade Hub

The Djibouti Port and Free Zone Authority (DPFZA) is committed to becoming a vital platform for global business and logistics, enhancing the investment environment and infrastructure development. The authority actively promotes Djibouti as a hub for international trade, driving business growth and economic expansion.

08/05/2025 Port Encyclopedia
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Newcastle Port Becomes Key Global Coal Trade Hub

Newcastle Port Becomes Key Global Coal Trade Hub

Newcastle Port is the largest coal export port in the world, located in New South Wales, Australia, connecting to international trade. With an efficient logistics system, the port not only drives regional economic development but also actively explores sustainable development pathways.

08/05/2025 Port Encyclopedia
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