Thus it is advisable to encourage ocean-going trade and reduce entrepot trade to a minimum.
The other one is "entrepot trade", like Hong Kong and Singapore.
Business scope of international trade, entrepot trade, regional trade and trade between enterprises under processing finishing.
Hong Kong has been undertaking the heavy task of the mainland's traditional entrepot trade.
Shipping Operator: College degree in international trade or related specialty, good at English, 3 years' experience in entrepot trade and shipping, acquainted with customs regulations.
It refers that a trader import the goods then export to the third country without further processing. The goods under entrepot trade are distributed through a storage facility.
We have the right of import and export, and have many different trade modes, including RMB trade , U. S. free trade and entrepot trade.
Under Chinese statistics, 60% of Chinese exports to the United States are conducted through entrepot trade via a third place, mainly the Hong Kong region.
A growing number of international economists and statisticians believe, however, that there are irrationalities in this currently widely-used international statistical principle, especially because big errors might occur when it is applied to calculating entrepot trade and processing trade.
