CNNews
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Japan has exported more than half of its chip equipment to China for three consecutive quarters
Japan’s trade data show that China accounted for half of its exports of semiconductor manufacturing equipment, equipment parts and flat-panel display equipment in the first quarter ended March. The total value of Japan’s exports of related equipment to China surged 82% from a year earlier to 521....Read more -
For three consecutive quarters! China bought more than half of Japan’s exported chip equipment
Under the stimulus of US-led trade restrictions, China’s demand for mature technology semiconductor equipment has surged significantly, and Japan has become one of the biggest beneficiaries. In the first quarter of this year, Japan’s exports to China soared 82% year-on-year. At the sa...Read more -
The EU will temporarily impose an additional tariff of up to 25% on imported electric vehicles from China starting in July
The Financial Times quoted people familiar with the matter on Wednesday (June 12) as saying that the European Commission has decided to impose additional tariffs on Chinese electric vehicles, despite opposition from Germany. People familiar with the matter revealed that the European Commission wi...Read more -
General Administration of Customs Announcement No. 120 of 2022 (Announcement on Admission Requirements for Imported Clothing)
Customs accepts third-party testing reports as basis for clothing conformity assessment 1. Product qualification: In the product qualification column, fill in the license category “630-accrediting agency code inspection report number” and the license number “accrediting agency c...Read more -
Announcement of the Customs Tariff Commission of the StateCouncil on the List ofU.S. Products to Be Excluded during the 8thExtended Period from U.S. Products Subject to Additional Tariffs
In accordance with the Announcement of the Customs Tarif Commission of the State Council onthe List of U.S. Products to Be Excluded within the 6th Extended Period from U.S. Products Subject to Additional Tarriffs (Announcement No.9 2021 Cstoms TarfCommission ofthe State Council), the List of U.S....Read more -
China-Serbia Customs AEO mutual recognition will be officially implemented on October 1, 2023
On February 4, 2021, the Chinese government and the Serbian government formally signed “The Government of the People’s Republic of China and the Government of the Republic of Serbia on the Enterprise Credit Management System of the General Administration of Customs of the People’...Read more -
China has become the world’s largest ship-owner country!
The fleet size held by Chinese shipowners has reached 249.2 million gross tons, accounting for 15.9% of the market, slightly higher than the 249.0 million gross tons of Greek shipowners. Japan came in third with 181.0 million gross tons, followed by South Korea and the United States. According to...Read more -
More than 100 ships are congested, Waiting for more than 20 days to pass Panama Canal !
Due to the ongoing dry conditions, the Panama Canal Authority had to take temporary control measures to limit the number of ships passing through. According to a CNBC report on Wednesday local time, the number of ships waiting to pass through the Panama Canal, the global shipping artery, has reac...Read more -
Indian Government Announces Import Restrictions
The Indian government recently announced that it will restrict the import of personal computers, including laptops and tablet computers. Companies need to apply for licenses in advance to be exempted. The relevant measures are expected to come into effect on November 1. How will this affect globa...Read more -
All Cambodian aquatic products have been exported to China
The Chinese embassy in Cambodia released information on 7th that the General Administration of Customs of China has recently updated the “list of countries or regions and species of aquatic animals that have been admitted”. Cambodian Tienit International Trading company has passed the...Read more -
How to issue Letter of Credit in China?
In the dynamic landscape of international trade, secure and efficient payment methods are paramount to foster trust and smooth transactions. One such method is the Letter of Credit (L/C), a written certificate issued by banks to guarantee payment between importers and exporters. Oujian Group, a l...Read more -
Your Trusted Customs Broker with 30 Years’ Experience in Food Customs Clearance
When it comes to international trade and logistics, navigating the complexities of customs clearance is crucial for a smooth and successful operation. For over three decades, Oujian Group has been at the forefront of the import and export industry, providing unparalleled expertise in food customs...Read more
