The Customs Revenue Package launched by the World Customs Organization aims to help countries address the decline in fiscal revenue caused by the global financial crisis. It focuses on enhancing the transparency of customs valuation and transfer pricing to promote fairness and efficiency in international taxation.
TikTok is establishing a U.S. Data Security (USDS) subsidiary to build a data governance system that meets U.S. regulatory requirements and enhances user data security. This move is both a response to regulatory pressures and a commitment to user trust. It provides a reference for other multinational technology companies on compliant operations. The USDS aims to isolate US user data and grant trusted third-party access for monitoring and verification, further strengthening data protection measures.
This article introduces three practical B2B platforms and a mapping tool for foreign trade businesses. These include the Turkish business database Turkish-Manufacturers.com, the multinational business directory Firmasec.com, and the geographically-focused customer acquisition tool SmartSousou. These resources can help foreign trade companies accurately target overseas buyers, improve customer development efficiency, and facilitate international market expansion. They provide valuable data and functionalities for identifying potential clients and understanding market landscapes, ultimately supporting business growth in global markets.
With the accelerated implementation of the export tax rebate policy, many international shipping companies are reducing shipping surcharges, expecting to relieve burdens on national export enterprises by over 200 million yuan annually. This series of measures to standardize fees will effectively address the issue of high surcharges faced by companies in the shipping sector. The government places great importance on the burdens faced by foreign trade enterprises, aiming to promote stable growth in foreign trade through lower fees, helping businesses to meet challenges and create a more transparent and fair trading environment.
This article discusses the main challenges faced by domestic logistics companies when expanding overseas, including team dynamics, cultural differences, product shortages, inefficiencies, and unclear strategies. These challenges necessitate continuous optimization of internal management and transnational communication, as well as enhanced market research and resource investment to effectively navigate the complexities of the international market.
This article explores the current status and opportunities for Chinese retail companies going global. It analyzes successful cases, the selection of target markets, and the challenges faced by companies in the international market, along with strategies to address these challenges. The aim is to provide readers with in-depth market insights and practical advice.
Multinational manufacturers can significantly reduce global procurement costs by effectively leveraging trade agreements. This paper proposes five best practices: in-depth understanding of regulations, building a regulatory database, optimizing supply chain connectivity, utilizing advanced technology, and continuous improvement. By implementing these practices, companies can lower tariff expenses and enhance their competitiveness in the global market. Focusing on these key areas enables businesses to maximize the benefits offered by trade agreements and achieve substantial cost savings in their international sourcing operations.
This article delves into the reasons behind eBay's struggles in the Chinese market, including its fee structure, lack of a robust payment system, insufficient localization efforts, and the rise of competitors. It also explores potential strategies for eBay to break through, such as strengthening local operations, optimizing the payment experience, and increasing marketing promotion. eBay's challenges in China offer valuable lessons for other multinational companies seeking to enter the Chinese e-commerce landscape. Its experience highlights the importance of adaptation and understanding local market dynamics.
In recent years, state-owned shipping enterprises have faced poor performance, and mergers and restructuring may not necessarily improve the situation. The industry's environment has shifted from a planned economy to a market economy, but these enterprises struggle to respond flexibly to market changes. Institutional constraints hinder their ability to quickly adjust strategies, making them ill-suited for market competition. State-owned enterprises should redefine their roles to ensure they serve national strategic material transport while exploring market-oriented operational methods to survive and thrive in intense competition.
In the first three quarters of this year, the Qianhai Bay Free Trade Port in Shenzhen achieved a cross-border e-commerce clearance value of 430 million yuan, a staggering increase of 48.5 times year-on-year. This remarkable growth is attributed to innovative measures introduced by Shenzhen Customs, such as expedited clearance and integrated operations within the port area, which significantly improved efficiency and reduced costs for businesses. Moreover, the development of foreign trade enterprises was further promoted through internet platforms and dedicated services, enhancing the appeal of the free trade zone.
