Trade News

• Korean Customs: Real-name verification requirements for exempted goods

  The Quartet issued a notice about the DHL channel requesting an update to Korea. According to the previous requirements of the Korean Customs, all B2C and C2C goods that pass the exemption limit (less than US$150, US and PR less than US$200) are required to provide a personal customs code (PCCC) for

  Trade News January 03, 2019
• The State Council executive meeting pointed out that improving the business environment of the comprehensive bonded area

  Further promoting trade and investment facilitation is conducive to stabilizing foreign trade and stabilizing foreign investment, maintaining a reasonable import and export scale, and building a new highland for opening up to the outside world, which is conducive to cultivating the domestic market a

  Trade News January 03, 2019
• The General Administration of Customs issues a new announcement. These companies are required to submit qualification certificates

  Recently, the General Administration of Customs issued an announcement on matters related to customs registration management of cross-border e-commerce enterprises.The announcement pointed out that cross-border e-commerce payment enterprises and logistics enterprises need to obtain relevant qualific

  Trade News January 02, 2019
• Some technical equipment imports are exempt from customs duty-added tax

  The Ministry of Finance and the National Development and Reform Commission and other six departments jointly issued the "Notice on Adjusting the Catalogue of Import Tax Policies for Major Technical Equipments", stating that "National Support for Development of Major Technical Equipment and Product C

  Trade News January 02, 2019
• India restricts e-commerce sales, and the first position in the millet market may be retaken by Samsung

  Beijing time on December 28th, the Indian government issued a decree on Wednesday prohibiting the online platform to sign an exclusive agreement, so that a product can only be sold on a single platform. At the same time, India also requires that the quantity of products sold by a single vendor on an

  Trade News December 29, 2018
• In 2018, China’s express delivery business exceeded 50 billion pieces, surpassing the US, Japan and Europe.

  On the morning of December 28th, the State Post Bureau held a press conference to announce the birth of the 50 billionth express delivery of the year. According to the real-time monitoring of the postal industry safety supervision information system of the State Post Bureau, this package with s

  Trade News December 29, 2018
• E-commerce law implementation next month: praise returning is involved in violations

  The "Electronic Commerce Law" to be implemented on January 1 next year stipulates that e-commerce operators should disclose goods or service information in a comprehensive, true, accurate and timely manner to protect consumers' right to know and choose; e-commerce operators are not allowed False or

  Trade News December 27, 2018
• China: Adjusting the import and export tax rate of some commodities from January 1

  In order to promote the high-quality development of the economy and the steady growth of import and export trade, the Customs Tariff Commission of the State Council recently issued a notice on the adjustment plan for the provisional tax rate for imports and exports in 2019 (Tax Commission). Will [20

  Trade News December 25, 2018
• According to the data of the General Administration of Customs

  According to the data of the General Administration of Customs, China’s import of goods in the first 11 months of this year was 1.97 trillion US dollars, a year-on-year increase of 18.4%.In 2017, China’s imports of goods were 1.84 trillion US dollars. China has become the world's second largest impo

  Trade News December 24, 2018
• From January 1, 2019, all Chinese goods entering Australia will be exempt from customs duties.

  It is reported that at the Import Expo on November 5th to 10th, according to the China-Australia Free Trade Agreement, since 2015, China and Australia have carried out four tariff reductions, and the goods imported from Australia began to gradually reduce tariffs. Zero tariffs will be realized withi

  Trade News December 18, 2018