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ZhongShen International Trade specializes in import/export agency services, facilitating global trade for enterprises
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Explosion at BASF chemical plant in Germany shocks global vitamin market
The 2024 explosion accident at BASFs Ludwigshafen site in Germany disrupted the production of vitamins A and E, leading to tight global supply, soaring prices, and impacts on the Chinese market, where prices doubled, with supply-demand imbalance unlikely to balance in the short term.
4 supporting regulations of the Anti-Monopoly Law: Effective from April 15
On April 6, the State Administration for Market Regulation issued 4 supporting regulations for the Anti - monopoly Law, which are expected to come into force officially on April 15. These 4 regulations are the Provisions on Curbing the Abuse of Administrative Power to Exclude or Restrict Competition, the Provisions on Prohibiting Monopoly Agreements, the Provisions on Prohibiting the Abuse of Dominant Market Position, and the Provisions on the Review of Concentrations of Undertakings.
17 Departments including the Ministry of Commerce Issued a Document to Promote the High - quality Development of Border (Cross - border) Economic Cooperation Zones
Recently, the Ministry of Commerce and 16 other departments jointly issued the Notice of the Ministry of Commerce and 16 Other Departments on Several Measures to Serve the Construction of a New Development Pattern and Promote the High-Quality Development of Border (Cross-Border) Economic Cooperation Zones (Shang Zi Fa [2023] No. 18).
The Comprehensive and Progressive Agreement for Trans - Pacific Partnership enters into force in Chile
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has come into effect in Chile since February 21, 2023.
Detailed Explanation of the Latest Food Importer Filing Process and Precautions in 2023
In the import food business, the filing of food importers is an important process. To help importer enterprises understand and master it, this article will sort out the latest food importer filing process and precautions in 2023.
Several Ways to Sell Goods Compliantly after the EUs New Tax Regulations
According to the new tax regulations of the EU, starting from July 1, 2021, all non - EU sellers selling goods in the EU are required to collect value - added tax (VAT) from EU countries.
What regulations should be noted for cosmetic export filings?
Cosmetic export filings are conducted in accordance with the Cosmetic Hygiene Supervision Regulations (hereinafter referred to as the Regulations) and related laws.
Inspection and compliance requirements for the customs clearance of nail polish gel exports
A detailed guide on customs classification, mandatory inspection, declaration obligations, and manufacturer requirements for gel polish exports to ensure compliance and reduce legal risks.
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Eight Common Foreign Trade Payment Collection Methods
The following are eight common foreign trade payment methods: T/T Telegraphic Transfer, L/C Letter of Credit, D/P Documents against Payment, D/A Documents against Acceptance, O/A Open Account Payment, Escrow Service Confirmed Payment, Paypal Online Payment, Western Union Express Remittance.
Cross-border e-commerce export return goods tax exemption,
The Ministry of Finance, General Administration of Customs, and State Taxation Administration recently jointly issued an announcement stating that goods (excluding food) exported under cross-border e-commerce customs supervision codes (1210, 9610, 9710, 9810) within one year from the date of the announcement, which are returned in their original condition within six months from the date of export due to overstock or return reasons, can be exempt from taxes upon re-entry.
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