WCO and ICC Partner to Strengthen WTO Customs Valuation Rules

WCO and ICC Partner to Strengthen WTO Customs Valuation Rules

The World Customs Organization (WCO) and the International Chamber of Commerce (ICC) have a long-standing collaboration to promote the global application of the WTO Customs Valuation Agreement. In 2000, they issued a joint declaration aimed at promoting uniform, transparent, and fair customs valuation standards. This collaboration seeks to foster global trade compliance, transparency, and facilitation, ultimately reducing trade costs for businesses. The joint efforts emphasize the importance of consistent and predictable customs valuation practices for efficient and equitable international trade.

WCO Standards Accelerate Global Trade Digitalization

WCO Standards Accelerate Global Trade Digitalization

The Secretary General of the World Customs Organization (WCO) highlighted the crucial role of data and technology in driving the global digital transformation of trade at the ICC Future Trade Forum, introducing relevant WCO initiatives. He advocated for the adoption of the WCO Data Model to promote interoperability of trade standards and explored collaboration opportunities with Singapore Customs, the International Chamber of Commerce, and APEC. The aim is to enhance trade efficiency, security, and inclusivity through standardized data and technological advancements in customs procedures and international trade.

New Opportunities in Cross-border E-commerce Logistics: The Importance and Development Trends of Overseas Warehouses

New Opportunities in Cross-border E-commerce Logistics: The Importance and Development Trends of Overseas Warehouses

Cross-border e-commerce has rapidly emerged as a significant force in foreign trade over the past few years, driving rapid developments in the logistics industry. Government plans emphasize the importance of overseas warehouses, aiming to enhance market competitiveness and service efficiency. Various aspects such as improving customs efficiency and reducing logistics costs support enterprises in establishing overseas warehousing.

07/18/2025 Logistics
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Emerging Forces in Air Cargo Logistics Within E-commerce Background The Rise of JD Cargo Airlines

Emerging Forces in Air Cargo Logistics Within E-commerce Background The Rise of JD Cargo Airlines

JD Freight Airlines recently obtained its air operator certificate and officially commenced operations. As an emerging aviation logistics company within the e-commerce sector, it primarily conducts domestic and international cargo transportation using Boeing 738-800 freighters. The service is expected to cover key economic regions such as the Yangtze River Delta, Beijing-Tianjin-Hebei, and the Pearl River Delta, while also aiming to expand into international markets. This development not only enhances logistics efficiency but also introduces new innovations and collaborative models within the industry.

07/22/2025 Logistics
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ICC WCO Partner to Simplify Global Trade Processes

ICC WCO Partner to Simplify Global Trade Processes

The International Chamber of Commerce (ICC) and the World Customs Organization (WCO) continue their collaboration, focusing on trade facilitation and discussing key issues such as origin verification, transit, and single windows. They pay particular attention to the role and position of SMEs in global trade, jointly seeking best practices to support them. The aim is to build a more open, inclusive, and efficient global trading system. This ongoing partnership underscores the commitment to simplifying trade processes and empowering SMEs to participate effectively in the international marketplace.

VAT Promotes Fair Trade in Global Commerce

VAT Promotes Fair Trade in Global Commerce

This article explores how Value Added Tax (VAT) serves as a facilitator of fair competition in international trade, distinguishing it from tariffs. VAT achieves tax neutrality through a multi-stage payment mechanism, providing equal opportunities for all businesses, ensuring that goods are taxed in the consuming country rather than the producing country, thereby promoting growth in international trade.

Ondemand Warehousing Boosts Community Commerce in China

Ondemand Warehousing Boosts Community Commerce in China

Forward warehouses, a new format in instant retail, are reshaping community commerce by catering to consumers' personalized and immediate needs. This model, supported by e-commerce platforms, offers a wide range of products and flexible operations, providing a convenient shopping experience for consumers and new opportunities for entrepreneurs. Platforms like Ele.me are launching support programs to help develop convenience warehouses.

Tiktok Rivals Facebook in Social Commerce Growth

Tiktok Rivals Facebook in Social Commerce Growth

TikTok is rapidly rising in the US social commerce landscape, experiencing a surge in buyer numbers and user engagement, posing a threat to Facebook. The US social commerce market is projected to grow significantly in the coming years. TikTok is actively expanding its eCommerce functionalities, but faces challenges related to trust, user experience, and regulatory compliance. The future of social commerce is characterized by both competition and opportunity. This rapid growth and potential disruption make TikTok a key player to watch in the evolving eCommerce market.

Amazon Influencer Program Expands Social Commerce Reach

Amazon Influencer Program Expands Social Commerce Reach

This article provides an in-depth analysis of the Amazon Influencer Program, covering its operational mechanisms, application strategies, monetization models, and practical techniques. It offers data-driven growth solutions through comparative analysis, tool introductions, and case studies. The aim is to empower social media influencers to thrive in social commerce, effectively monetize their traffic, and emphasize compliant operations and risk prevention. This guide helps influencers navigate the program, optimize their performance, and achieve sustainable success in the evolving landscape of influencer marketing and social e-commerce.