Starting from July 17, China Eastern Airlines will launch flights from Shanghai to Copenhagen, operating three times a week using Airbus A330-200 aircraft. The introduction of this new route will provide convenient travel options for passengers while further promoting air connectivity between China and Europe.
The Ministry of Commerce announced a preliminary framework agreement between China and the US regarding TikTok's US operations. This involves establishing a new joint venture responsible for data security and content management, while ByteDance retains control over commercial operations. China urges the US to provide a fair business environment and promote the stable development of China-US economic and trade relations. This move aims to address US concerns about data security while allowing TikTok to continue operating in the US market under a restructured framework.
The inaugural flight of the 'Huangpu-Incheon' international route has improved logistics efficiency between China and South Korea, leading to a 28.5% year-on-year increase in container import and export volume.
The Arctic Route refers to the airways that fly over the North Pole or the Arctic Circle, connecting Asia, Europe, and Africa. Due to the Earth's spherical shape, this route offers the shortest flight path. Flights from China to North America via the Arctic significantly reduce travel distance and time, decrease fuel consumption and emissions, and enhance passenger experience. Flights are required to obtain overflight permits from Russia and Canada. In recent years, an increasing number of airlines have launched services on this route, indicating its rising importance.
This article discusses the importance of safety stock management in U.S.-China overseas warehouses and strategies for optimization. By utilizing demand forecasting, supply chain management, scientific computation methods, and modern technological tools, businesses can effectively set safety stock levels to ensure supply chain stability and cost reduction. Additionally, strong communication with suppliers and logistics partners is a critical factor for successful management.
US-China economic and trade talks have reached a consensus, planning to maintain the US's reciprocal tariff rate of 24% along with China's countermeasures. Both sides emphasized the importance of a stable economic and trade relationship, ensuring close communication and promoting the development of bilateral relations.
The US and China released the 'Geneva Joint Statement on Economic and Trade', announcing significant mutual tariff reductions, bringing substantial benefits to cross-border e-commerce. Lower tariffs will reduce costs, enhance product competitiveness, and boost market confidence, creating new development opportunities for cross-border e-commerce sellers. Both sides will continue to uphold the concept of win-win cooperation and build a sustainable economic and trade relationship. This agreement is expected to foster increased trade volume and strengthen ties between the two nations.
This article provides a detailed overview of various shipping methods from China to the United States, including international express, sea freight, and air freight. It offers advice on selecting the optimal method, tips for saving money, outlines the shipping process, highlights customs clearance considerations, and addresses specific requirements for mailing special items. The aim is to guide readers through the process of cross-border shipping smoothly and cost-effectively.
U.S. Trade Representative Katherine Tai, in her CSIS speech, outlined the U.S.'s new trade strategy towards China, emphasizing a "results-oriented" approach. She highlighted the importance of China's compliance with existing trade agreements and the potential use of trade remedies. While expressing willingness to cooperate with China on issues like climate change, she warned that the U.S. will take further action if China does not alter its trade policies. The focus is on ensuring fair competition and holding China accountable for its commitments.
US Trade Representative Katherine Tai outlined a new trade strategy towards China, emphasizing a worker-centric approach. This involves evaluating the Phase One agreement, initiating a tariff exclusion process, and addressing deeper structural issues to rebuild American competitiveness. Industry observers suggest the policy's impact requires further observation, and businesses should remain flexible in their response. The strategy aims to reshape the US's competitive edge in the global market while addressing concerns about fair trade practices with China.
