Chinas Free Trade Zones Outpace National Growth in Q1 2025

Chinas Free Trade Zones Outpace National Growth in Q1 2025

In Q1 2025, China's Free Trade Zones (FTZs) saw a 2.2% increase in import and export volume, surpassing the national average. The Ministry of Commerce plans to deepen reforms, benchmark against international high standards, explore institutional opening-up, support industrial innovation, and optimize regional layout. These efforts aim to further enhance the role of FTZs in China's overall opening-up strategy and contribute to higher-quality economic development.

05/19/2025 Logistics
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Streamlining International Returns Customs and Tax Refunds

Streamlining International Returns Customs and Tax Refunds

This article delves into the return shipment operations in international freight, focusing on the customs and tax refund procedures to ensure that businesses efficiently comply with customs and tax requirements, minimizing risks of delays and financial losses. By clarifying the status of goods and dynamically managing tax refunds, it aids companies in optimizing their return shipment strategies.