News

CHINA TO ADD CBEC PILOT ZONES AFTER 10x ECOMMERCE GROWTH IN 5 YEARS
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.

CONGRATULATIONS TO SIOBHAN HAUGHEY
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.

HAINAN AIMS 2M AIR CARGO THROUGHPUT, RMB 320B LOGISTICS REVENUE BY 2035
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.

CGO CARGO OPERATIONS NORMALIZING AFTER WEATHER DISRUPTIONS
Flight delays have been experienced as a result of the impact of the storm, but things are returning to normal,” a Cargolux spokesperson said.

SHANGHAI EYES ON WORLD CLASS AIR CARGO HUB STATUS
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.