
Effective December 13, 2024, under the EU GPSR regulation, the mailing address, electronic address, warning and safety information of its EU manufacturer or EU importer (or the responsible person in the EU for the offshore company) should be provided for products that are targeted to EU consumers online or through other means of distance selling.
Market Trends:
Towards the end of the year, global shipping prices continue to fluctuate, with container shipping costs from China to the US East Coast breaking new highs, rising 42% since July to US$4,750, and freight rates from China to the US West Coast rising nearly 50% to US$3,878 per container, which is having a significant impact on the logistics costs and supply chain management of foreign trade enterprises2.
With the advent of Christmas in major overseas markets such as Europe and the United States, analyze the changes in demand for various types of commodities in the holiday consumer market, as well as the impact of such changes on foreign trade orders and enterprise production plans. For example, the peak demand and market trends for certain holiday decorations, gifts, consumer electronic products, etc.
