New Customs Declaration Form Adds Trade Country (region) Indicator to Promote International Trade Transparency

New Customs Declaration Form Adds Trade Country (region) Indicator to Promote International Trade Transparency

The General Administration of Customs recently announced reforms to the customs declaration process, introducing a new 'Trade Country (Region)' indicator. This change aims to enhance the accuracy of customs declarations and reflect the true state of international trade, in line with the developments of economic globalization. The indicator will streamline the customs clearance process, improve efficiency, and assist businesses in conducting more effective global trade.

07/21/2025 Logistics
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Understanding Bonded Goods: Advantages and Applications

Understanding Bonded Goods: Advantages and Applications

Bonded goods refer to products that enter China with customs approval and are exempt from taxes. These items can be stored or processed in designated regulatory areas with the intention of being re-exported, thus temporarily avoiding tax liabilities. However, if they are not re-exported, taxes must be paid according to regulations. Understanding this rule helps enterprises engage flexibly in international trade and enhance economic benefits.

07/21/2025 Logistics Encyclopedia
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Zhengzhou-europe Freight Train: A New Corridor Connecting Central Asia and Europe

Zhengzhou-europe Freight Train: A New Corridor Connecting Central Asia and Europe

The Zhengou freight train expands into the markets of Central Asia, Turkey, and Luxembourg through new routes, connecting SCO member countries and enhancing international trade. By leveraging Internet + logistics and collaborating with railways in various countries, it promotes cross-border e-commerce, ensures efficient bilateral cargo transportation, and facilitates close integration between Henan and international markets, strengthening regional economic cooperation and building a new trade model.

07/21/2025 Logistics
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Zhengzhou-europe Express Train: A Vital Force Driving the Belt and Road Initiative

Zhengzhou-europe Express Train: A Vital Force Driving the Belt and Road Initiative

As of December 4, the Zhengzhou-Europe International Railway has operated 150 trains this year, exceeding the annual target. The total cargo value reached $693 million, covering economic circles such as the Yangtze River Delta and the Pearl River Delta, and radiating to 20 countries in Europe and Central Asia. Future goals will gradually increase, continuing to play an important role in the Belt and Road Initiative.

12/05/2023 Logistics
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Dalian Port Group Accelerates Layout in the Far East Market, Achieves New Breakthrough in International Logistics Strategy

Dalian Port Group Accelerates Layout in the Far East Market, Achieves New Breakthrough in International Logistics Strategy

Dalian Port Group signed a strategic cooperation agreement with the Russian Far East Transport Group, focusing on the infrastructure renovation of Nakhodka Port and the establishment of a container transshipment station. This initiative will enhance the port's throughput capacity, promote economic cooperation between Dalian, Liaoning, and the Primorsky Krai, facilitate trade between the two countries, improve logistics efficiency, and expand the market in the Far East region.

11/10/2023 Logistics
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Comprehensive Analysis of International Maritime Logistics Services

Comprehensive Analysis of International Maritime Logistics Services

This report provides a detailed analysis of international shipping logistics services, highlighting the importance of shipping in global trade along with its main advantages and disadvantages. Shipping is suitable for bulk goods transport in stages, offering economic and environmental benefits; however, it has longer transit times and higher costs for small shipments. Companies must carefully consider their own needs to choose the most suitable transport method.

07/17/2025 Logistics Encyclopedia
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The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The Risk of Blocking the Strait of Hormuz: Disruption of Global Shipping and Supply Chains

The risk of blocking the Strait of Hormuz has intensified, as the Iranian parliament passes a resolution that could severely impact the shipping industry. Shipping companies have implemented detour measures, significantly increasing transport costs, which may lead to a rise in global prices. The closure of the Strait of Hormuz will directly affect oil and gas supplies, posing a threat to global economic stability.

07/11/2025 Logistics
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Bangladesh Japan Partner to Develop Deepsea Port for Trade Boost

Bangladesh Japan Partner to Develop Deepsea Port for Trade Boost

Bangladesh has reached a collaboration with a Japanese company to jointly develop the Matarbari deep sea port in the Cox's Bazar region, aimed at enhancing international trade capacity and economic growth. The new port will feature a 460-meter container terminal and a 300-meter multipurpose terminal, with an expected handling capacity of 2.6 million TEUs, and is set to be completed by 2029.

08/05/2025 Logistics
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Welly International Enhances Guangzhoutaiwan Trade with Logistics Upgrade

Welly International Enhances Guangzhoutaiwan Trade with Logistics Upgrade

Willy International Enterprise Co., Ltd. has been deeply involved in cross-strait logistics between mainland China and Taiwan for many years, providing comprehensive services such as sea and air freight to facilitate Guangzhou-Taiwan trade. With a professional team, rich experience, and a deep understanding of cross-strait trade rules, the company provides customers with efficient and reliable logistics solutions, promoting cross-strait economic and trade exchanges.

08/21/2025 Logistics
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MDL to USD Exchange Rate Trends Historical Data Analysis

MDL to USD Exchange Rate Trends Historical Data Analysis

This article analyzes the current exchange rate of the Moldovan Leu (MDL) against the US Dollar (USD) and its historical fluctuations. As of August 11, 2025, the MDL to USD exchange rate stands at 0.058974. The study reviews the volatility over the past year, highlighting the significance of various economic factors influencing the exchange rate, and advises investors to stay informed about the currency trends.

08/19/2025 Exchange Rate Query
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