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Hongde Dynamic

Deep inventory crisis! European and American enterprises still have to endure the hard times.

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Aug 15,2023

When huge inventories hit an economic downturn with sluggish demand, it means that many American and European companies may have to endure longer than expected.

Wait 20 days! 150 ships "immobile"! Panama Canal meets worst water in history!

Aug 15,2023

The Panama Canal, the main artery of global shipping, is suffering from drought and dry water unprecedented since records began in 1950.

The proportion of international currencies is a big reshuffle! The dollar fell to 42.02 percent, the euro 31.25 percent, and the yuan?

Aug 14,2023

A few days ago, SWIFT, an association for global banking, financial and telecommunications, released the latest data on the proportion of international currency payments in June this year. The proportion of US dollars and euros has declined one after another, while the proportion of RMB has increased significantly.

Textile and garment exports experienced difficult times, how long will the industry recover?

Aug 14,2023

Downward pressure on global external demand continued, while exports in May reappeared "diving" due to insufficient external demand, with Russia and Central Asia becoming export highlights. From March to April, the export of textile and clothing experienced a brief improvement, with an average export growth of 14.3 in two months, but the foundation of the growth was not firm. After the centralized release of backlog orders at the beginning of the year and the lack of effective recovery of external demand, the export situation of textile and clothing reversed again in May, and the export of that month decreased by double digits, by 13.1. Textile and garment exports are currently facing a difficult climbing stage.

Textiles and clothing trade characteristics analysis!

Aug 11,2023

[Foreign trade knowledge] Goods export tax rebate conditions

Aug 11,2023

Export tax rebate refers to the export enterprise after the export of goods to the state to apply for the refund of part or all of the paid value-added tax, consumption tax, customs duties and other taxes, in order to promote the development of foreign trade. However, in order to obtain preferential policies for export tax rebates, the following conditions are required

Surprise! China's exports plunge; French inflation slows; "Luna -25" probe is coming

Aug 10,2023

Recent foreign trade industry information

What are the factors that affect the price of international air freight.

Aug 10,2023

The advantage of international air transportation is that it is fast and time-sensitive, and it is suitable for international logistics transportation with time and speed requirements. It can shorten the delivery time and provide customers with fast, safe and timely service.

[Export services] South Sudan requires imported goods to have a certificate of conformity

Aug 09,2023

Recently, the Minister of Trade and Industry of South Sudan issued an order requiring mandatory pre-import standard certificates for all goods entering South Sudan.

Aug 09,2023

[Export Services] Export Lithium Battery Declaration and Inspection Policy Interpretation

Lithium batteries are dangerous goods. There are many policies and regulations involved in export and technical requirements for goods packaging. Enterprises can consult relevant customs departments in advance to understand regulations and standards, declaration procedures, and packaging requirements. The customs will guide enterprises to handle the export of dangerous goods, improve customs clearance efficiency, and help more high-quality Chinese-made new energy products export.