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A Must-Read for Foreign Trade Beginners: A Complete Guide to the Shipping Process and Detailed Explanation of Bill of Lading Copies and Telex Releases

2025-05-26

This article provides a comprehensive analysis of the shipping process for beginners in foreign trade, addressing the validity of bill of lading copies, the operation of telex release bills of lading, and the division of responsibilities under FOB terms, helping novices clarify procedures and successfully complete export transactions.

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Beginner's Guide to ASEAN-10: How to Easily Check HS Codes?

2025-05-22

This article takes the HS code of white chocolate as an example to detail the steps for querying the unified HS codes of ASEAN countries through the Vietnam Customs official website. It also outlines the background and trade advantages of the China-ASEAN Free Trade Area, helping foreign trade beginners quickly master HS code queries and seize opportunities in the ASEAN market.

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Export Cost Calculation: Did Your Quote End Up Undercutting Yourself?

2025-05-22

This article discusses export cost accounting, exploring whether it is reliable to quote prices based on actual costs (purchase cost minus tax refunds), especially in highly competitive industries like packaging bags, and shares practical advice and real-world experience.

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Components of Export Cost Accounting

2024-08-27

Export cost accounting is a systematic analysis of all costs of foreign trade enterprises to determine appropriate quotations and assess risks. This process involves the calculation of direct and indirect costs, logistics, taxes, customs fees, and other related expenses, which helps enterprises formulate export strategies and achieve profitability.

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Eight Common Foreign Trade Payment Collection Methods

2024-08-14

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.

What are the benefits of Golden Tax Phase 4 for foreign trade enterprises?

2024-10-28

Golden Tax Phase IV is a reform project of the State Taxation Administration of China, mainly aiming at the optimization and modernization of the tax collection and management process. The benefits of Golden Tax Phase IV for foreign - trade enterprises are as follows in 5 aspects:

Exports of Chinese clothing and home textiles are stable with changes: New markets and supply chain optimization!

2024-10-28

In the first four months of 2024, the overall exports of Chinese clothing and home textile products were stable. The export volume of knitted and woven clothing increased while the price decreased. Exports to Europe and the United States stabilized, and emerging markets grew rapidly. The industry faces the pressure of shipping costs and tariffs.

What are the restrictions on exporting to Russia?

2024-10-28

Restrictions on exports to Russia may vary depending on national policies and laws. Generally, restrictions on exports to Russia include the following:

What materials are required for import inspection? What is the specific process?

2024-10-27

Import inspection is a prerequisite for cargo customs clearance. Currently, import inspection consists of three main parts: 1. Declaration; 2. Sampling; 3. Inspection.

Trade Terms | Obligations of Buyer and Seller Under FCA

2024-10-27

FCA stands for Free Carrier. Translated into Chinese, this term means delivered to carrier. Typically, the exporter delivers the goods to a specified location, where a designated carrier, appointed by the importer, will collect them.

Trade Terms | Obligations of the Buyer and Seller under FOB

2024-10-27

FOB is the abbreviation for Free On Board, also known as ex-factory price and delivery on board. Typically, when the goods pass the ships rail at the designated port of shipment, the exporter fulfills its delivery obligation.

Trade Terms | Obligations to be Fulfilled by Buyers and Sellers under EXW

2024-10-27

EXW, short for EX Works, is called Ex - Works (named place). Usually, the exporter has fulfilled its obligation to deliver the goods when it places the goods at its business premises or other designated places (factory, warehouse) for the importer to take delivery.

What is Differential Tariff? What are the Categories?

2024-10-27

Avoiding Traps in Determining the Attributes of Pressure Vessels

Claim Issues of Export Credit Insurance

2024-10-27

Due to the complexity of cross - border transactions, claims under export credit insurance are extremely complex. More specifically, claims under export credit insurance activities include four main parts.