by admin | Jul 29, 2021 | News
China is going to replicate the existing cross-border eCommerce (CBEC) pilot zones to the whole country for international market expansion between 2021-2025, Premier Li Keqiang said earlier. The State Council unveiled 46 new comprehensive pilot zones for CBEC, bringing the total to 105 zones in 2020.
Most zones are in coastal regions like Beijing, Shanghai, Guangdong, Zhejiang, Jiangsu, Shandong, and Fujian. CBEC pilot zones are exploring innovative breakthroughs in customs clearance management, tax collection and management, foreign exchange supervision, cross-border financial services and logistics.
The world’s second largest economy by GDP will also encourage trading companies, eCommerce platforms and logistics companies to set up overseas warehouses, meaning that customs supervision code 9710 and 9810 will be widely used in the country soon.
9710 is mainly used by direct cargos exports of B2B eCommerce platform while 9810 is for cargos storing in overseas warehouses after exporting from China and the goods will be delivered directly from the overseas warehouse later when the eCommerce platforms receive orders.
The aspiration comes after a 10 times growth in the last five years in eCommerce businesses and boost for upgrades to cater international trades. Exports has contributed significantly to the country’s GDP especially under COVID-19.
Imports and exports of eCommerce business reached RMB 419.5 billion in the first quarter of 2021, up 46.5% from same period last year. Currently, there are 1,800 overseas warehouses operating by China’s eCommerce platforms with a total area of 12 million square meters.
#eurus #aircargo #warehouses #ecommerce
by admin | Jul 28, 2021 | News
Huge congratulations to Siobhan Haughey as the first athlete from Hong Kong to win 2 Olympic medals in the same year, marking an important moment in Hong Kong history. Haughey won another silver in 100m freestyle, after taking second place in 200m in Tokyo Olympic 2020! It is also the third medal for Hong Kong after Edgar Cheung’s gold medal in fencing. Proud of you both!
#teamHK
by admin | Jun 1, 2021 | Uncategorized
Hainan province is looking to achieve 2 million tonnes in air cargo throughput with revenue of RMB 320 billion in logistics industry by 2035, the government said. This is expected to lower the province’s total logistics cost to 10% of its GDP.
The province will turn into an integrated logistics ecosystem with internationalized ports and airports, building a strong network with global supply chain.
Air cargo throughput should arrive 400,000 tonnes in 2025 with total revenue of logistics industry at RMB 130 billion, it added.
Between 2016 and 2020, the expansion of the Terminal 3 of Qionghai Bo’ao Airport, Yongxing Island Airport and Sanya Phoenix International Airport, as well as the Terminal 2 of Haikou Meilan International Airport had been kicked off.
In 2020, cargo throughput reached 242,000 tonnes, nearly doubled from that of 2015. Total revenue for logistics industry for the province was at RMB 64.3billion, up 31.8% from 2015.
#eurus #aircargo #hainan #freetradeport
by admin | May 26, 2021 | News
Flight delays have been experienced as a result of the impact of the storm, but things are returning to normal,” a Cargolux spokesperson said.
#eurus #aircargo #cgo #cargolux
by admin | May 25, 2021 | News
Shanghai is striving its best to be the world’s leading air cargo hub, the Shanghai Municipal Government said. It aims to achieve annual cargo throughput of 4.1 million tonnes by 2025.
Meanwhile, another active hub for e-commerce cargo Zhengzhou Airport aims to achieve 1 million tonnes of cargo throughput by 2035, supported by the completion of phase III of the airport, north cargo area and the third runway construction, as well as the start of south cargo area and fourth runway construction.
Shanghai will strengthen the connection of global cargo hubs by expanding the network of domestic and international cargo flights, increasing the utilization rate of belly space in international flights, encouraging airlines to attract cargo in transits, introducing value-added services including modern logistics, smart warehouses, cold chain processing and financial services, as well as promoting the use of electronic airway bills and the integration of information.
Construction work for expansion of Shanghai Pudong International Airport and the use of fifth runway will be launched by 2025. Green and smart elements will be included to strengthen the safety management and reduce pollution.
#eurus #aircargo #PVG #CGO
