Since its opening in 1991, Shenzhen Bao'an International Airport has rapidly grown to be the fifth largest airport in mainland China, becoming a significant hub linking the world. With a comprehensive transport network and nearly 300 international flights per week, its international passenger throughput has increased significantly, making it one of the world's top 100 airports.
Norwegian shipping company Golden Ocean Group expects that the dry bulk shipping market can absorb 10% of new vessel capacity due to port congestion and demand for coastal trade in China. Although the number of new ship deliveries needs to be reduced by 40% to maintain high charter rates, the market still shows resilience and potential for growth.
The ATA Carnet is used for customs clearance in international trade, suitable for various goods, including exhibition items, professional equipment, commercial samples, scientific instruments, and sports equipment. Goods using the ATA Carnet must meet specific conditions, particularly in China, where only items related to exhibitions are allowed. Understanding the relevant regulations helps ensure smooth customs procedures.
Hunnu Airlines has launched a direct flight from Ulaanbaatar, Mongolia, to Beijing Daxing International Airport, utilizing the Embraer E195-E2 aircraft for the first time. This marks a new development in the China-Mongolia air corridor. The new route aims to strengthen communication and cooperation between the two countries and promote further growth in the tourism industry.
U.S.-China trade negotiations will be extended by 90 days, leaving the market in ongoing uncertainty. With the EU accepting a 15% tariff, both merchants and consumers will bear the costs, potentially leading to price increases for goods, affecting consumer choices and business hiring. The tariff policy will profoundly influence the domestic market and the international trade landscape.
Ngari Gunsa Airport, located in Shiquanhe, Tibet, is a key aviation hub for accessing the Qinghai-Tibet Plateau. The main flights include China Eastern Airlines to Kashgar and Virgin Australia to Lhasa, but there is currently no METAR weather observation data available. As a modern airport, it plays a crucial role in promoting regional economic and cultural integration.
The SWIFT code BKCHCNBJ220 of the Bank of China plays a crucial role in international transfers. This code consists of the bank identifier, country code, and branch identifier, ensuring the safety and accuracy of funds in cross-border transactions. Understanding and using this code correctly can effectively prevent errors during remittances and ensure that funds are delivered smoothly.
On December 29, 2023, Shijiazhuang International Airport launched its first regional scheduled freight route connecting Shijiazhuang to Hong Kong. This new route operates five flights weekly, marking a significant advancement in the airport's international cargo operations and is expected to attract more local goods, boosting the regional economy. The expansion and renovation of Shijiazhuang Airport, along with supportive government policies, will further promote the development of civil aviation.
With the support of the Municipal Port Authority and Customs, Qingdao Airport has established an efficient 'air-to-air transfer' cargo system. By July, the throughput of international and domestic cargo and mail grew by 81%, achieving a 29.34% increase in domestic cargo volume and a 2.1% increase in international cargo volume. Qingdao Airport connects logistics companies through high-quality services, promoting the efficient development of air freight.
Lagos Port is Nigeria's largest and most modern seaport, located on the northern shore of the Bight of Benin, offering significant logistics advantages. Equipped with ample loading and unloading facilities and deep-water anchorage, the port connects international shipping routes, providing strong support for regional economic growth. The PCHS terminal showcases better development prospects with its modern infrastructure and efficient customs clearance services, enhancing the future freight potential of Lagos Port.
