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05 / 2023

China and Uzbekistan signed AEO mutual recognition agreement

China Customs became Uzbekistan’s first “certified operator” (AEO) mutual recognition partner, this was announced at the “China-Central Asia Summit” on May 18. The two sides signed the Agreement on mutual recognition between the General Administration of Customs of the People’s Republic of China and the Customs Commission of the Ministry of Economy and Finance of the Republic of Uzbekistan on the “certified operator” system, which marks the trade between the two countries.

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05 / 2023

U.S. supply chains resume efforts but face material shortages and workforce challenges

Supply chains in the U.S. arely recovering from early pandemic shocks, but more than three years have passed and the U.S. still faces material shortages and recruitment difficulties locally.

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05 / 2023

Retailers such as Walmart and Nordstrom will close 900 stores

According to U.S. Cable News Network reports, retailers such as Walmart and Nordstrom in the U.S. will continue this year, and involve complex reasons.

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05 / 2023

Russia's Vladivostok Port has become a domestic trade transit port in my country!

According to the announcement, the General Administration of Customs agreed to increase the Russian port of Vladivostok as a transit port in the cross-border transport of domestic trade goods on the basis of the scope of the transboundary transport of domestic trade goods in the former province of Jilin, and to increase the Zhejiang province of Zhejiang Mountains container terminal and Zhejiang Chapo port as the entry port for cross-border transport of domestic trade goods.

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05 / 2023

U.S. extends tariff exemption for 81 Chinese medical protection products until May 31

The U.S. Trade Representative’s Office (USTR) announced on May 12 local time that the tariff exemption for 81 Chinese imported medical protection products is about to expire, providing an additional 16-day transition period, and extending the validity until May 31, 2023.

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05 / 2023

China and Australia restart economic and trade dialogue mechanism

China-Australia economic and trade relations have received positive signals, Chinas Ministry of Commerce Minister Wang Ventao and Australias Trade Minister Farel jointly chaired the 16th China-Australia Ministerial Economic Joint Committee on May 12.