This article provides a detailed interpretation of the HS codes related to category 94 and their export tax rebate policies. It covers the classification and tax rates for bedding products with different filling materials and electrical lighting fixtures, offering practical information and advice for businesses engaged in international trade.
HS code 7101101900 pertains to the import and export policies, tax rates, and declaration elements for ungraded natural pearls. This product benefits from a 0% tax rate and a 13% rebate upon export, while the import tax rate is set at 100%. Additionally, it must comply with strict regulatory and quarantine protocols.
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.
In cross-border remittances, the SWIFT code BKCHCNBJ260 of BANK OF CHINA is crucial for ensuring the security of funds and their smooth arrival. Proper use of the SWIFT code can effectively prevent transaction delays and risks. It is advisable to verify information and consult professionals when making remittances.
Learn about the SWIFT code for BANK OF CHINA (Bank of China): BKCHCNBJ260, ensuring your international remittances are safe and fast. Choose reputable remittance platforms like Xe to avoid transfer delays and fund errors, ensuring that every transaction goes smoothly.
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.
In China, logistics costs account for 16.6% of GDP, which is 5 percentage points higher than the global average. Low logistics efficiency and effectiveness contribute to rising costs. To reduce logistics costs, efforts should focus on four areas: building systems, sharing resources, innovating logistics models, and optimizing the market environment. These measures aim to enhance overall logistics service efficiency and promote supply-side reform.
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.
This article provides an in-depth analysis of the '19 Guidelines for Transportation and Logistics,' focusing on its objectives, content, and significance in promoting cost reduction and efficiency improvement in the logistics industry. It emphasizes the accuracy of policy direction, the clarity of key tasks, and how the proposed measures can assist the industry in addressing pain points and challenges, ultimately leading to optimized resource allocation and healthy economic development.
Customs declarations play a crucial role in the import and export of goods and customs supervision. When filling out the declaration, attention must be paid to details such as the country of departure code, mode of transport, port of loading, and the waybill number under specific conditions. Accurate completion aids customs management and ensures smooth clearance of goods.
