WCO Updates Global Trade Classifications Under Harmonized System

WCO Updates Global Trade Classifications Under Harmonized System

The World Customs Organization released the decisions of the 60th session of the Harmonized System Committee, including new commodity classification opinions, revisions to the Harmonized System Explanatory Notes, and commodity classification rulings. Businesses should promptly understand and adapt to these changes by updating commodity databases, strengthening internal training, and seeking professional assistance when necessary. This ensures trade compliance and improves efficiency in international trade operations. Staying informed about these updates is crucial for navigating customs regulations effectively.

WCO Committee Updates Global Trade Classification Standards

WCO Committee Updates Global Trade Classification Standards

The 57th session of the World Customs Organization's Harmonized System Committee holds significant implications for global trade. This session adopted several commodity classification decisions, classification opinions, and amendments to the Harmonized System Explanatory Notes, covering sectors like food and beverages, plastic products, agricultural machinery, and electronics. Businesses should closely monitor the WCO official website, enhance communication with customs authorities, and improve their own classification capabilities to effectively navigate new trade challenges. Staying informed is crucial for compliance and efficient international trade operations.

Chinas Stainless Steel Prices Hit RMB 14000ton Amid Demand Doubts

Chinas Stainless Steel Prices Hit RMB 14000ton Amid Demand Doubts

On January 15, 2026, cold-rolled stainless steel prices exceeded 14,000 yuan/ton, but market acceptance remained limited, leading to a price inversion in the spot market. Weak downstream demand is restricting further price increases, and prices may face downward pressure in the short term. The balance between supply and demand will determine the long-term price trend. Businesses should closely monitor market dynamics.

Ecommerce Firms Seek Overseas Product Managers for US EU Markets

Ecommerce Firms Seek Overseas Product Managers for US EU Markets

Hai Xing Cheng in Suzhou is hiring a cross-border e-commerce Product Manager to focus on developing high-quality products for the European and American markets. This position requires skills in market research, product strategy, competitive analysis, product innovation, and project management. Candidates should possess a solid engineering background and experience in Amazon product development/operations.

Temus bare Leg Artifact Fuels Crossborder Ecommerce Boom

Temus bare Leg Artifact Fuels Crossborder Ecommerce Boom

The 'Bare Leg Artifact,' known for its unique visual effect and warmth, has quickly gained popularity on cross-border e-commerce platforms like Temu. This product, essentially high-elasticity leggings, creates the illusion of bare legs, catering to consumers' fashion needs in cold weather. Its market potential is substantial, driven by its ability to combine style and comfort. The demand is fueled by the desire to maintain a fashionable appearance without sacrificing warmth during colder seasons.