The EU Imposes Prohibitive Tariffs on Chinese Biodiesel. This Move May Exacerbate the Tightening of Energy Supply, Affect the Energy Transition Plan, Trigger Trade Tensions, and at the Same Time Reflect the Rise of Global Trade Protectionism, Having a Profound Impact on Sino - EU Trade Relations and the Global Energy Market.
The Standing Committee of the National Peoples Congress of the Peoples Republic of China reviewed and approved the Amendment to the Stockholm Convention on Persistent Organic Pollutants to List Three Types of Persistent Organic Pollutants such as Polychlorinated Naphthalenes and the Amendment to the Stockholm Convention on Persistent Organic Pollutants to List Three Types of Persistent Organic Pollutants such as Short - Chain Chlorinated Paraffins (hereinafter collectively referred to as the Amendment) at its 38th meeting on December 30, 2022. The Amendment will come into force in China from June 6, 2023.
On June 12, Mediterranean Shipping Company (MSC)s Dalian - India - Malaysia route was officially launched and put into operation at the Dalian Port. This is another Asian regional route laid out by MSC based on the Southeast Asia route PERTIWI launched in 2022. This time, it is planned to deploy 6 container ships of 2,500 - 3,500 TEU, call at the main ports of RCEP member countries such as Indonesia and Malaysia, and provide customers with direct - sailing services from the Dalian Port to Semarang, the third - largest port in Indonesia.
In order to further promote economic and trade exchanges between the Chinese mainland and Hong Kong, in accordance with the relevant provisions of the Goods Trade Agreement under the Mainland and Hong Kong Closer Economic Partnership Arrangement, the General Administration of Customs has revised the origin criteria for HS Code 0902.30 in Annex 1 of Announcement No. 39 of the General Administration of Customs in 2022. The new criteria will come into effect on July 1, 2023.
enterprises can also strengthen cooperation with foreign enterprises
Recently, the EU issued Notification G/SPS/N/EU/631, amending and correcting Commission Delegated Regulation (EU) 2022/2292 concerning requirements for honey, meat, highly refined products, gelatin capsules, and aquatic products entering the EU. Below are the main amendments:
Data recently released by the General Administration of Customs shows that in the first five months of this year, Chinas total value of imports and exports reached 16.77 trillion yuan, a year - on - year increase of 4.7%. Among them, exports were 9.62 trillion yuan, an increase of 8.1%; imports were 7.15 trillion yuan, an increase of 0.5%; and the trade surplus was 2.47 trillion yuan, an expansion of 38%.
The latest news shows that the Asian Clearing Union (ACU) - a regional multilateral trade clearing institution composed of nine Asian countries - plans to launch a new cross - border financial settlement system in June this year. This system is regarded as an alternative to the Society for Worldwide Interbank Financial Telecommunication (SWIFT) system.
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PSB Record: Shanghai No.31011502009912
