News
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September Foreign Trade New Regulations
Three Departments: Optimize and Adjust Drone Export Control Measures Ministry of Commerce and General Administration of Customs: Export Controls on Antimony and Other Items General Administration of Customs Issues the “Administrative Measures for the Certification of the Origin of Export Go...Read more -
EU Plans to Impose Up to 36% Tariff on Chinese Electric Vehicles
On August 20 local time, the European Commission disclosed the draft decision to impose final anti-subsidy duties on pure electric vehicles imported from China. Compared to the preliminary ruling announced on July 4, the tax rates have been slightly adjusted: BYD: 17.0% Geely: 19.3% SAIC Group: 3...Read more -
Data Released! Exports to Both Europe and the U.S. Have Turned Positive!
According to the General Administration of Customs news on August 7, in the first seven months of this year, China’s total goods trade import and export value reached 24.83 trillion RMB, a year-on-year increase of 6.2%. Of this, exports amounted to 14.26 trillion RMB, up by 6.7%, and imports tota...Read more -
The first batch of Brazilian bovine blood products has been imported through Pudong Airport, with Shanghai Customs providing full-chain support for the healthy development of the pharmaceutical ind...
On August 26, nearly 1,300 bottles, totaling over 660 kilograms of finished fetal bovine serum, were cleared by Shanghai Pudong International Airport Customs and completed the customs procedures smoothly. This is the first batch of such products to enter China since the General Administration of ...Read more -
Which products require advance quarantine approval?
According to the “Regulations on the Administration of Quarantine Approval for Import and Export of Plants and Animals” (Decree No. 240 of the General Administration of Customs, amended and republished), certain products require quarantine approval before import or export. This applie...Read more -
World’s Second-Largest Apparel Exporter Hit by Unrest, Massive Factory Shutdowns!
In early July, Dhaka University, a prominent institution in Bangladesh, erupted in protests against reserving some civil service positions for the relatives of retired military personnel. The demonstrations quickly escalated into nationwide violent clashes. By August, Bangladeshi Prime Minister S...Read more -
General Average! Ningbo Explosion Incident Expected to Result in Up to $9.5 Million in Losses
On August 20, Yang Ming Marine Transport Corporation issued a notice stating that on August 9, an explosion occurred in a container on the deck of the Yang Ming vessel “YM Mobility” at Phase III of Ningbo Port. The local port authorities conducted the necessary firefighting and rescue...Read more -
Attention! Recent Major Event in Foreign Trade – Peru
Peru Issues Final Anti-Dumping Ruling on Textile Material Footwear from China On July 14, 2024, the National Institute for the Defense of Competition and Protection of Intellectual Property of Peru (INDECOPI), through its Committee on Dumping, Subsidies, and Elimination of Non-Tariff Trade Barrie...Read more -
Recent Major Foreign Trade Event – Nigeria
Suspension of Import Tax on Some Grains to Regulate Grain Prices The Nigerian government is planning to suspend import taxes on grains such as wheat and corn for 150 days and set recommended retail prices to curb rising food prices in the country. This move is part of the government’s strategy to...Read more -
Attention! Recent Major Trade Update – Russia
Update on Mandatory Product Marking List On July 10, 2024, TASS reported that the Russian government has updated the list of products requiring mandatory marking. The relevant document has been published. The list categorizes products into food and non-food items and adds seven new product catego...Read more -
Attention! Recent Foreign Trade News—Sri Lanka
According to local media outlet Colombo Gazette, the International Monetary Fund (IMF) has reported that the Sri Lankan government has outlined a preliminary roadmap to fully lift its vehicle import ban by 2025. Under this plan, Sri Lanka will begin allowing the import of public transportation an...Read more -
Attention! Recent Foreign Trade Update – India
Postponement of the Implementation Date for Quality Control Orders on Four Types of Polymer Products Recently, the Ministry of Chemicals and Fertilizers of India, after consulting with the Bureau of Indian Standards (BIS), issued a notice deciding to postpone the implementation date of the qualit...Read more