• RCEP deal enters into force as first freight train off to Vietnam
    RCEP deal enters into force as first freight train off to Vietnam
    January 10, 2022
    Containers are loaded at Nanning International Railway Port in Nanning, Guangxi Zhuang autonomous region, on Dec 31. [Photo/Xinhua] BEIJING-Soon after midnight on New Year's Day, a freight train departed from South China's Guangxi Zhuang autonomous region for Vietnam, a member country of the Regional Comprehensive Economic Partnership. The RCEP-the world's largest free trade deal-came into force on Jan 1. The X9101 train carried electronics, daily necessities and chemical products worth more than $10 million. It was expected to reach Hanoi in 28 hours after leaving Nanning, the regional capital of Guangxi. Also on Jan 1, some 5.6 metric tons of imported reflective films from Japan arrived at a port in Shenzhen, Guangdong province. The reflective films will be used for the production of mobile phones, digital cameras and other electronic products. The implementation of the RCEP agreement has helped lower the cost of customs duties by 6,000 yuan ($942.6) for the films worth 1.33 million yuan, said Chen Guogang, a director from a Shenzhen-based supply chain service provider called Jiuli. The RCEP was signed on Nov 15,2020, by 15 Asia-Pacific countries-the 10 members of the Association of Southeast Asian Nations and China, Japan, the Republic of Korea, Australia and New Zealand-after eight years of negotiations that started in 2012. With optimized trade rules among the signatories, streamlined procedures and wider opening-up in the sectors of services trade and investment, it will bring tangible benefits to the companies of all member countries. "The company and overseas partners both benefit a lot from following the trend of regional economic integration in East Asia, and I believe the RCEP will further promote this process," said Li Dongchun, a manager of Guangxi Liugong Machinery Co Ltd, a machinery manufacturer based in Liuzhou, Guangxi Zhuang autonomous region. Despite the COVID-19 pandemic, the first 11 months of 2021 saw the company's exports increase by 70 percent year-on-year to reach 15,000 units, of which 3,000 units were sold to ASEAN countries, said Li. In Central China's Hunan province, customs authorities issued RCEP certificates of origin to companies including Zhuzhou Cemented Carbide Works Imp& Exp Co on Jan 1. "With the RCEP in effect, tariffs will be gradually reduced to zero. We will further expand our overseas market," said Li Yuhong, a manager of the company that exports products to ASEAN countries, Japan and the ROK. Experts said that under the RCEP, a higher level of opening-up, a larger market and better policies will bring new development opportunities and potential, and this will inject sustained momentum into the recovery of the global economy. Xinhua
  • Shanghai port continues to rank first in container throughput worldwide
    Shanghai port continues to rank first in container throughput worldwide
    January 10, 2022
    Aerial photo taken on Nov 3, 2021 shows the container dock of Yangshan Port in Shanghai, East China. [Photo/Xinhua] SHANGHAI -- The container throughput of Shanghai Port exceeded 47 million 20-foot equivalent units (TEUs) in 2021, ranking first globally for 12 consecutive years despite the COVID-19 impact on the shipping industry, port data showed Saturday. Last year, the port handled 32 million TEUs in foreign trade and 6.3 million TEUs in domestic trade. The throughput of international transit containers at the port exceeded 6 million TEUs for the first time, or a year-on-year increase of 13.4 percent, according to the Shanghai International Port Group Co Ltd. Technological support such as automatic terminals and intelligent heavy trucks has played an important role in achieving the growth amid the COVID-19 pandemic, a port source said. The port is speeding up its digital transformation and production mode transformation to improve the operation potential and ensure the stability of the industrial chain and supply chain, the source added.
  • RCEP fuels new hopes for region's growth
    RCEP fuels new hopes for region's growth
    January 10, 2022
    Container ships are berthed along with the port at Singapore's Pasir Panjang Container Terminal on Aug 11, 2021. [Photo/Xinhua] As world's largest free trade deal now in force, analysts confident on gains The Regional Comprehensive Economic Partnership, which took effect on Saturday, will spur economic growth in the Asia-Pacific region as it opens up markets and counters protectionism, experts say. Consisting of 15 Asia-Pacific countries, the RCEP forms the world's largest free trade area. It is made up of the 10 members of the Association of Southeast Asian Nations, plus China, Japan, the Republic of Korea, Australia and New Zealand. Covering about 30 percent of the world's population, as well as its gross domestic product and trade volume, the agreement ushers in greater economic integration among Asia-Pacific countries and marks a victory for multilateralism and free trade, observers said. "It will play a role in creating some degree of confidence that trade integration-at least in moderate terms-will continue," said Manu Bhaskaran, chief executive of Centennial Asia Advisors, a think tank in Singapore. "In an age of growing protectionism and inward-looking policies, this is welcome." Francis Chua, founding chairman of the International Chamber of Commerce in the Philippines, said the RCEP is expected to consolidate the position of ASEAN members within a larger grouping built on "a modern, comprehensive, high-quality, and mutually beneficial economic partnership agreement". The regional bloc comprises Indonesia, Thailand, Singapore, Philippines, Malaysia, Vietnam, Brunei, Cambodia, Myanmar and Laos; some of the ASEAN members are yet to ratify the pact. In an online report, the ASEAN Secretariat said the entry into force of the RCEP "is a manifestation of the region's resolve to keep markets open; strengthen regional economic integration; support an open, free, fair, inclusive, and rules-based multilateral trading system; and, ultimately, contribute to global post-pandemic recovery efforts". "The ASEAN Secretariat remains committed to support the RCEP process in ensuring its effective and efficient implementation," the report says. Chua said the pact will ensure the opening of markets and strengthen supply chains and, this way, support an economic rebound. Apart from requiring the trade partners to cut tariffs, he said, the RCEP will enhance the harmonization of non-tariff measures such as product standards for food safety, packaging and labeling requirements. Sanjay Mathur, chief economist for Southeast Asia and India at ANZ Bank, cited China's huge economy and how it will serve as the "pivotal market" for all RCEP members. The pact's members "will now have (increased) access to the second-largest economy in the world, so that is a huge step forward", he said. Bhaskaran said that China, as a leading nation in Asia, can nudge the RCEP members to adopt "broader and deeper integration "in the region. At the same time, some analysts have pointed o...
  • RCEP takes effect: boon for Asia-Pacific
    RCEP takes effect: boon for Asia-Pacific
    January 10, 2022
    Chinese consumers are likely to buy more quality imported fruits and vegetables at good prices as the Regional Comprehensive Economic Partnership, or RCEP, took effect on Saturday, officials and experts said. Shandong Port Group, the world's largest port conglomerate in terms of cargo capacity, "will be focusing on imported consumer goods such as cold chain products and building a premium shipping route cluster for imported consumer goods that covers RCEP members," said Li Fengli, the group's general manger. "Domestic consumers, especially those from northern China, will have quicker access to imported fruit from countries such as Thailand and Vietnam," Li said at a ceremony marking RCEP's implementation in Qingdao, Shandong, on Saturday. Li said RCEP member countries have 113 services calling at the port group, and the port operator is expected to have handled 4.6 million TEUs (twenty-foot equivalent units) of full containers from RCEP routes in 2021, up 11.6 percent year-on-year. A ceremony is held marking RCEP's implementation in Qingdao, Shandong, on Saturday. [Photo provided to chinadaily.com.cn] Nabhasporn Bhuttarichval, consul-general of the Thai consulate in Qingdao, said at least 30,000 exported commodities in Thailand will become tariff-free with the implementation of RCEP agreement. "Perishable food products are expected to go through customs clearances in shorter times, bringing convenience to the import and export of fruits and vegetables for RCEP members," she said. Chen Dehai, secretary-general of ASEAN-China Centre, said the implementation of the RCEP agreement, combined with the newly opened China-Laos Railway, will greatly promote agricultural trade between China and ASEAN countries, providing domestic consumers in China with imported fruit from ASEAN countries at reasonable prices.
  • Why do I need a motorcycle helmet?
    Why do I need a motorcycle helmet?
    September 14, 2021
    Let's look at the data. According to the data queried by Google (IIHS), in 2015, about 2% of deaths in motor vehicle accidents worldwide were cyclists. Almost 5,000 riders were killed every year. This may not sound like much, but it is still a terrible Numbers, if people are more aware of the dangers, it is easy to prevent. The most serious injuries are head injuries, which can be prevented by using a properly designed helmet. In fact, if used properly, the use of the helmet reduces the chance of head injury by 50%, while the chance of face or neck injury is reduced by 33% In addition to accident protection, the helmet can also protect you when you are riding. The pebbles and stones that come from you, bees, grasshoppers and cicadas rush into your eyes, so please wear your helmet. My helmet products generally include full helmets, half helmets, and visor helmets. Among them, the best safety is the full helmet, and the best comfort is the half helmet. If I choose (full face helmet> visor face helmet> half face helmet), I will always recommend the full face helmet because it is the safest Material selection is also important, because not every helmet is made of the same material. The helmet shell can be hard plastic, carbon fiber, carbon Kevlar fiber and other woven fibers with a hard shell. Carbon Fiber = Carbon Kevlar Fiber> Woven Fiber> Hard Plastic Prices, depending on the material, range from a few hundred dollars to a few thousand dollars, but they are worth it. Because this is the only thing that can protect your mind when you have a car accident Determining the size of the helmet is very simple. After getting the tape measure, wrap it around the head just above the eyebrows and ears-this is the size of your head, and finally attach the size chart. XS: 53-54 cm/20.8-21.2 inches S: 55-56 cm/21.6-22 inches M: 57-58 cm/22.4-22.8 inches Length: 59-60 cm/23.2-23.6 inches XL: 61-62 cm/24-24.4 inches XXL: 63-64 cm/24.8-25.2 inches 3XL: 65-66 cm/25.6-26 inches The above dimensions are suitable for most people, but there may be slight differences between manufacturers, so the existence of errors should be considered accordingly Your mind is the most important part of your body, please protect it.
  • Ten reasons for you to choose our food delivery bag
    Ten reasons for you to choose our food delivery bag
    September 14, 2021
    As a factory and product sales company, we are committed to providing customers with more perfect products. If you are a food delivery man or need to purchase food delivery bag, then you must not miss this article! 1. A Essential tools for food deliverymen. Generally, restaurants will not be equipped with professional delivery tools, because they have hundreds or even thousands of orders every day. If the delivery tools are taken into account for every take-out, they will increase a lot of costs. 2. Let customers feel the professionalism of food delivery. When customers see that food is taken out of a professional takeaway bag, they will feel that this restaurant has put a lot of effort into protecting the food, and it is delivered by professional delivery staff, which will greatly improve their praise for the food. 3. The function of heat preservation and heating for food. The food delivery bag is not just a container for food, but more importantly, it has heat preservation and even heating functions, which can ensure that customers can receive hot food in winter. 4. Drinks/food are not spilled. The meal delivery bag has a built-in cup holder tray and a fixed elastic cord. The cup holder is made according to the standard quilt size. Of course, various sizes can be customized. With the cup holder fixed, even if it is shaken vigorously, the drink will not spill out. There's good space between the cups so there's not a lids colliding issue. 5. Suitable for different delivery vehicles. Most of the delivery vehicles are bicycles/scooters/motorcycles, for the deliveryman of bicycles and scooters, their hands must be used for driving, so the backpack delivery bag is very suitable for them. In addition, considering the practicality of the bag, the food delivery bag adds heat insulation and thickened sponge on the back, so they will not feel the phenomenon of hard objects sticking back and heating. 6. Advertising effect. When the food deliveryman walk down the street with their food delivery bags, people will notice the words on them, which is quite similar to a free advertisement, which impresses everyone. 7. Fashion delivery bag. Today in the 21st century, everything is linked to fashion. Of course, the food delivery bag will not lag behind. The design of the food delivery bag is constantly updated, and it has been perfect in terms of color and style. 8. The bag puts the customers and restaurants at ease. There are enough reports of drivers stealing food. When you are using the bag, that is often seen as another form of protection. Yes, it's possible to open the bag, eat the food, close it up again. But the bag just creates a symbol that the food is being protected from the driver. 9. It speeds off the handoff to the customer. customer sees that and right away, oh, that must be my delivery. Sometimes it saves several minutes. It's easier to get the food to the customer door, less fumbling. 10. Update the bag based on customer feedback.We spent a lot of...
  • Will Biden's Intervene In Tariffs Imposition For China?
    Will Biden's Intervene In Tariffs Imposition For China?
    July 05, 2022
    According to WSJ, Biden is expected to roll back some tariffs in Chinese import soon and may announce his decision this week. http://https://www.wsj.com/articles/biden-might-soon-ease-chinese-tariffs-in-a-decision-fraught-with-policy-tensions-11656927001 This shows that both sides are willing to make concessions and ease tensions in order to reach an agreement. Due to the inflation in US markets, many brands are looking for cheaper solutions, such as changing box sizes, formula and packaging etc which means you may encounter a price war in your local market this year. For example: 1) P&G will launch new smaller-sized versions of its popular brands including Pantene and Crest Whitestrips at lower prices this year. 2) Unilever will launch new products with lower prices to meet the demand from consumers. 3) L'Oreal has announced that it would slash its prices and introduce lower-priced beauty products in response to the slowdown of sales growth in China. 4) The price of Chanel's latest fragrance Coco Mademoiselle has been lowered by US$30 per bottle to reflect market conditions. If you would like to make a new solution to save the Total cost, Acoolda will be the RIGHT person you are looking for, and also have some latest food delivery bag for your review.
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