Chinese Ritual Paper Gains Popularity in Overseas Markets

Chinese Ritual Paper Gains Popularity in Overseas Markets

Chinese hell money has unexpectedly gained popularity in overseas markets, achieving high-premium sales through cross-border e-commerce platforms. Social media dissemination and cultural differences are key factors in its success. This article analyzes the opportunities and challenges of hell money exports, highlighting the growth potential in emerging areas like pet funeral services. The global funeral service market is substantial, and Chinese companies should seize the opportunity to actively explore overseas markets, adapting their offerings to local customs and regulations while addressing potential cultural sensitivities associated with the trade.

01/15/2026 Logistics Industry Insights
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UK Trade Project Enhances Efficiency in Middleincome Nations

UK Trade Project Enhances Efficiency in Middleincome Nations

The UK Foreign and Commonwealth Office-funded 'Trade Facilitation Project in Middle-Income Countries' aims to assist Brazil, India, Nigeria, the Philippines, and South Africa in better implementing the Trade Facilitation Agreement (TFA). With technical support from the World Customs Organization and the World Bank Group, the project seeks to enhance these countries' trade efficiency and competitiveness, ultimately fostering economic growth. The project focuses on capacity building and streamlining trade processes to reduce costs and delays associated with cross-border trade, enabling these nations to fully benefit from the TFA.

01/22/2026 Customs Knowledge
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WCO Enhances Cambodias Trade Controls to Curb Proliferation

WCO Enhances Cambodias Trade Controls to Curb Proliferation

The World Customs Organization's (WCO) Strategic Trade Control Enforcement (STCE) program helps countries like Cambodia enhance their strategic trade control capabilities through online training and other means, preventing the illicit trafficking of weapons of mass destruction and related items. This article introduces the STCE program's focus, the four pillars of a strategic trade control system, and key tools such as the Strategic Trade Atlas. It emphasizes the importance of strategic trade control in maintaining global security by preventing the proliferation of sensitive goods and technologies that could be used for nefarious purposes.

01/22/2026 Customs Knowledge
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Guide Shipping Branded Goods to Iran for Overseas Chinese

Guide Shipping Branded Goods to Iran for Overseas Chinese

This article focuses on the demand for groupage shipping of branded goods to Iran by overseas Chinese. It details the advantages of groupage shipping, special considerations for mailing branded goods, selection criteria for groupage companies, the shipping process, logistics methods, Iranian customs considerations, brand authorization and compliance, special goods mailing, and risk control. The aim is to provide readers with comprehensive and practical guidance to facilitate successful cross-border shipping to Iran, ensuring a smooth and compliant process for sending goods, especially branded items, to this specific market.

01/26/2026 Logistics
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Lesotho South Africa Enhance Trade to Advance Afcfta

Lesotho South Africa Enhance Trade to Advance Afcfta

Lesotho and South Africa, with the support of the World Customs Organization, jointly released a Time Release Study report to optimize border management and enhance cross-border trade efficiency. Focusing on the Maseru Bridge and Ficksburg Bridge border posts, the study aims to reduce non-tariff trade barriers through coordinated border management and the implementation of one-stop service. This initiative supports the development of the African Continental Free Trade Area and promotes regional economic prosperity by streamlining processes and improving the flow of goods between the two countries.

01/26/2026 Customs Knowledge
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Sierra Leone Enhances Tax Collection with HR Modernization

Sierra Leone Enhances Tax Collection with HR Modernization

The National Revenue Authority (NRA) of Sierra Leone, in collaboration with the World Customs Organization (WCO), has launched a modernization project of its human resources system. This initiative aims to build a competency-based HRM system to improve recruitment, performance management, training, compensation, and employee relations. The goal is to inject talent and drive into the nation's economic development by strengthening the NRA's human capital. This comprehensive reform seeks to ensure a skilled and motivated workforce capable of effectively managing the country's revenue collection and contributing to sustainable economic growth.

01/26/2026 Customs Knowledge
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WCO Data Model Aims to Streamline Global Trade Processes

WCO Data Model Aims to Streamline Global Trade Processes

The WCO Data Model and Information Management Conference achieved significant results. It improved the data model, enhanced information security, and contributed to the global digital transformation of trade, thereby improving trade efficiency. The conference focused on streamlining data standards and promoting secure information exchange to facilitate seamless cross-border transactions. The outcomes are expected to accelerate the adoption of digital solutions in customs procedures and foster greater collaboration among stakeholders in the international trade ecosystem. Ultimately, this will lead to faster, more secure, and more efficient global trade.

01/26/2026 Customs Knowledge
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HS Convention at 25 Data Shapes Global Trades Future

HS Convention at 25 Data Shapes Global Trades Future

The World Customs Organization (WCO) celebrated the 25th anniversary of the Harmonized System Convention, highlighting the HS's central role and future development in international trade. As a universal language for global trade, the HS simplifies trade processes and enhances efficiency. The WCO is actively conducting strategic reviews to ensure the HS adapts to new trade patterns and technological advancements. It also encourages greater participation from developing countries in HS-related activities, fostering a more inclusive and responsive global trade environment. This ensures the HS remains relevant and effective in facilitating international commerce.

01/26/2026 Customs Knowledge
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WTO and WCO Forge Partnership to Modernize Global Trade

WTO and WCO Forge Partnership to Modernize Global Trade

The Director-General of the World Trade Organization (WTO) met with the Secretary-General of the World Customs Organization (WCO) in Geneva to deepen cooperation in traditional trade areas and address pandemic-related challenges. Discussions focused on facilitating cross-border vaccine transport and ensuring global supply chain security. This meeting signals a new era of more efficient and secure global trade. Both organizations aim to streamline procedures and enhance collaboration to support economic recovery and build resilience against future disruptions. The focus is on practical solutions to improve trade flows and promote international cooperation.

01/26/2026 Customs Knowledge
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WCO Addresses Global Crises Reforms Trade Policies

WCO Addresses Global Crises Reforms Trade Policies

The World Customs Organization (WCO) emphasized the importance of reshaping international rules amidst global crises at the annual meeting of international organizations. By publishing the 'Compendium of International Organizations Practices,' the WCO actively participates in international cooperation, ensuring the smooth flow of goods during the pandemic. It also advocates for establishing a culture of assessing international instruments to address future challenges. The WCO calls for collective efforts to build a more efficient, inclusive, and sustainable global trade system, highlighting the need for collaborative solutions in a rapidly changing world.

01/26/2026 Customs Knowledge
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