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Industry Trends

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The Pilot Reform of the Parametric Management Mode of Unit Consumption in Processing Trade Launched

2024-08-01

In order to establish a consumption - based management model that is more in line with the actual production of enterprises, effectively reduce the operating costs of processing trade enterprises, and promote the upgrading of processing trade, Huangpu Customs has launched a pilot reform of the parameter - based consumption - based management model since May 2023.

List of the 11th Extension of Exclusions of Tariffs Imposed on U.S. Goods

2024-08-01

In the global trade environment, changes in tariff policies have a profound impact on the operation and development of enterprises. Recently, the Tariff Commission of the State Council issued the 11th Extension List of Goods Subject to Additional Tariffs on the United States. How this policy change will affect Chinese enterprises is worthy of our in - depth exploration.

The WTO Plans to Permanently Ban Taxation on Cross - border Digital Transactions

2024-08-01

91 member states of the World Trade Organization reached a preliminary agreement to permanently ban the taxation of cross - border digital transactions, marking an important step in the adaptation of global trade rules to the digital age.

Important content of the consignment note and filling precautions

2024-08-01

The booking note is an important document filled out by the shipper according to the transaction contract and L/C terms. The carrier considers factors such as the shipping schedule, route, and shipping space based on the content of the booking note to confirm whether to accept the shipping business. This article will introduce the main content of the booking note and the matters needing attention when filling it out.

The EUs Response to Trumps Trade Protectionism: Strategies and Preparations!

2024-07-31

Facing potential trade protectionism under a possible Trump re-election, the EU is planning a carrot-and-stick strategy, preparing negotiation and self-defense measures to safeguard its economic interests.

Interpretation of the RCEP Trade Agreement and Its Significance for China

2024-07-30

The Regional Comprehensive Economic Partnership Agreement (RCEP) is a trade agreement initiated by the ten ASEAN countries and inviting 16 countries including China, Japan, South Korea, Australia, New Zealand, and India to participate. It aims to reduce tariff and non - tariff barriers and establish a unified market.

Interpretation of the RCEP Trade Agreement and Its Significance for China _ Shanghai Zhongshen International Trade Import and Export Agency Service

2024-07-30

The signing and implementation of RCEP will have the following impacts on foreign trade exports:

The Cloud of Doubt over US Tariffs Triggers a Preemptive Stockpiling Boom, and the Peak Season at West Coast Ports Arrives Early!

2024-07-30

The Red Sea crisis and tariff uncertainties have led to an early peak season at U.S. West Coast ports, with rising freight costs. Importers and retail association members are considering stockpiling goods to prepare for potential tariff changes.

Notes on U.S. import tariffs and other import fees

2024-07-29

When importing goods to the US, foreign trade enterprises should pay attention not only to US import tariffs but also other import-related fees.

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