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In accordance with GAC Announcement No. 40 of 2026, the export declaration single window system has been officially updated with two new key fields: Export Control & Prohibited/Restricted Identification Code and Export Control & Prohibited/Restricted Declaration Elements. These are cond...Read more -
On April 1, 2026, the Announcement No. 32 of the General Administration of Customs officially came into effect. This new regulation introduces significant adjustments to customs credit management, covering key areas such as the determination of enterprise credit ratings, penalties for untrustwo...Read more -
If you still hold the old notion that “if no one picks up the cargo at the destination port, you can always recover the costs from the consignee,” then starting May 1, 2026, this mindset will put you at significant risk! The newly revised Article 93 of the Maritime Code of the Peop...Read more -
Lately, many manufacturing owners have been asking: “We want to export our products to Southeast Asia. Should we register a separate trading company, or should we work with someone else?” Our advice is straightforward: Do the math, and the answer will come to you. Before You Rush t...Read more -
Understanding the rules is the fastest way to clear customs. For companies in cross-border trade, the most gut-wrenching moment is when your phone buzzes with three words from your freight forwarder: “Your cargo is held for inspection.” What follows is a familiar nightmare: the container st...Read more -
No complex theories – just practical steps to get your export VAT refund right and avoid costly mistakes. Target Audience: Sales, Procurement, Operations, Management – anyone outside the finance team. Goal: Understand the process, take the right actions, avoid common traps, and support your finan...Read more -
I. Latest Situation Overview (News Facts) • On February 28, 2026, the United States and Israel launched military strikes against Iran, followed by retaliatory attacks from Iran. • Iranian missiles and drones struck multiple Middle Eastern countries, including the UAE, B...Read more -
On February 24, 2026, the Ministry of Commerce of the People’s Republic of China (MOFCOM) issued Announcements No. 11 and No. 12 of 2026. In accordance with the Export Control Law of the People’s Republic of China and related regulations, 40 Japanese entities have been added to the Ex...Read more -
As the Spring Festival approaches, foreign trade professionals are about to enter a critical annual window — the 2026 Q1 strong start. The post-holiday resumption of work, overseas inventory replenishment, cross-border e-commerce spring new product launches, and concentrated procurement waves in ...Read more -
● According to Announcement No. 15 released by the General Administration of Customs on February 2, 2026, the Value-Added Tax (VAT) rate for over 70 types of imported goods has been lowered to 9%. Covering multiple industries, this move aims to help enterprises move forward with less burden!! ✨...Read more -
Jiangsu has taken the lead in piloting the new intermodal transport model supported by the General Administration of Customs Announcement No. 12 of 2026, with Taicang Port becoming one of the first customs zones involved! On the first day of the reform, a shipment was exported from Taicang Port...Read more -
Reposted from “Digital Dharma Circle”: One Article to Understand: The Relationship Between ERP and CRM, MRP, PLM, APS, MES, QMS, WMS, SRM. These days, whether it’s manufacturing, trading companies, or project-based businesses, whenever the topic of digitalization and informatiza...Read more