The logistics real estate market in China is rapidly developing and is expected to undergo significant growth over the next 15 years. Although the demand for modern warehousing facilities exceeds supply, the rise in investment returns is attracting substantial capital influx. As international giants establish a presence in the market, domestic companies are also facing new challenges.
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.
Cold chain logistics has experienced rapid growth in China, with policy support and technological advancements providing opportunities for the industry. However, challenges such as high operational costs and the lack of uniform standards still need to be addressed. Companies should increase investments and improve service quality to seize market potential and achieve healthy and sustainable growth in the industry.
This article summarizes the IATA codes of major domestic and international airports, providing readers with a convenient reference. It lists codes for key airports in China while also covering important airports in Asia, Europe, and the United States. This resource is suitable for travelers and logistics professionals, ensuring efficiency and accuracy in transportation arrangements and freight processes.
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.
Recent developments in China-US trade relations have led to a significant increase in shipping costs, with container freight rates from Shanghai to New York rising by 19%. A shortage of shipping capacity and the evolving trade dynamics have further exacerbated this trend, and it is expected that costs may continue to rise in the future.
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.
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.
Haugesund Airport, located in southwestern Norway, is a modern international airport offering numerous domestic and international routes, connecting cities like Oslo and Bergen. Since its opening in 1975, the airport has rapidly developed into Norway's eleventh busiest airport, serving approximately 694,005 passengers annually. It provides convenient air travel services for both business travelers and vacationers, enhancing the possibilities for your journey.
