Transforming Customs Declarations Enhancing Trade Efficiency and Regulation in China

Transforming Customs Declarations Enhancing Trade Efficiency and Regulation in China

This article provides a detailed analysis of the key changes between the old and new customs declarations, emphasizing the impact of removed and added content on businesses. The removal of items like the original approval number and settlement certificate aims to simplify the declaration process. The addition of special relationship confirmation and a unified social credit code further enhances tax management and trade transparency. Changes in naming and optimization of product categories improve overall operational convenience, contributing to the continuous improvement of the trade environment.

07/28/2025 Customs Knowledge
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New China-Mongolia-Russia Freight Corridor Boosts Fresh Fruit Trade

New China-Mongolia-Russia Freight Corridor Boosts Fresh Fruit Trade

The new international freight corridor between China, Mongolia, and Russia has officially opened, leveraging Guangxi's geographical advantage to connect ASEAN with Russia. During the inaugural trial run, refrigerated trucks commenced trade from Nanning to Ulan-Ude, facilitating the northward transport of southern produce and promoting new economic development in the region. This initiative injects vitality into the fruit trade between Guangxi and ASEAN, fostering the establishment of a new economic corridor.

07/28/2025 Logistics
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China Cuba Launch First Direct Freight Route to Expand Trade

China Cuba Launch First Direct Freight Route to Expand Trade

On June 25, 2025, China and Cuba launched their first regular international freight route, operating twice a week with a cargo capacity of 20 tons per trip. This new service significantly shortens the transportation time to within 24 hours, greatly facilitating trade development between the two countries.

07/02/2025 Logistics
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Guide to Secure SWIFT Transfers in Indonesia

Guide to Secure SWIFT Transfers in Indonesia

This article details the importance of Indonesia's SWIFT/BIC codes, methods for finding them, usage precautions, and verification methods, while also answering frequently asked questions. It further explores strategies for optimizing exchange rates and fees in cross-border remittances, aiming to help readers complete Indonesian cross-border remittances more safely and efficiently. The guide provides practical information for individuals and businesses involved in sending or receiving money to/from Indonesia using the SWIFT network.

09/01/2025 International Settlement
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Citibank Indonesia SWIFT Codes Ease Global Transfers

Citibank Indonesia SWIFT Codes Ease Global Transfers

This article provides a detailed explanation of Citibank (Indonesia)'s SWIFT code system, including a list of codes for various branches and a usage guide. It also outlines key considerations for cross-border remittances, aiming to help readers conduct international transfers safely and efficiently. The guide covers essential information for understanding and utilizing SWIFT codes in the context of Citibank Indonesia, ensuring secure and effective international money transfers.

09/01/2025 International Settlement
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China Launches Xi'an Aviation Free Trade Zone to Boost Aerospace Sector

China Launches Xi'an Aviation Free Trade Zone to Boost Aerospace Sector

The establishment of the Xi'an Aviation Base Comprehensive Bonded Zone marks the first bonded zone in the central and western regions focused on the aviation industry. It aims to develop the civil aviation sector and enhance functions such as bonded processing and logistics. In the next 3 to 5 years, the zone is expected to attract nearly 100 companies, create job opportunities, and significantly increase import and export volumes as well as output value, injecting vitality into the local economy.

07/28/2025 Logistics
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