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commerce
shāng yè
商业
·HSK 3

World Trade Organization
Shìmào Zǔzhī
世贸组织
e-commerce
diànzǐ shāngwù
电子商务
customs duty / tariff
guānshuì
关税
exemption / moratorium
huòmiǎn
豁免
officially / formally
zhèngshì
正式
to expire
dàoqī
到期
。

March 30th
sānyuè sānshí rì
三月三十日
，
World Trade Organization
Shìmào Zǔzhī
世贸组织
e-commerce
diànzǐ shāngwù
电子商务
customs duty / tariff
guānshuì
关税
exemption / moratorium
huòmiǎn
豁免
officially
zhèngshì
正式
to expire
dàoqī
到期
，
each / all
gè
各
member party
chéngyuán fāng
成员方
failed to
wèi néng
未能
regarding
jiù
就
renewal / extension
xùqī
续期
to reach
dáchéng
达成
consensus
gòngshí
共识
。

March 30, 2026 at 6:00 PM

March 30th
sānyuè sānshí rì
三月三十日
，
World Trade Organization
Shìmào Zǔzhī
世贸组织
(possessive particle)
de
的
e-commerce
diànzǐ shāngwù
电子商务
customs duty
guānshuì
关税
exemption / moratorium
huòmiǎn
豁免
officially
zhèngshì
正式
to expire
dàoqī
到期
(completion particle)
le
了
。
this item / this measure
zhè xiàng
这项
exemption
huòmiǎn
豁免
since / from
zì
自
1998
yījiǔjiǔbā nián
一九九八年
starting from
qǐ
起
，
already
yǐjīng
已经
to continue / to last
yánxù
延续
(completion particle)
le
了
nearly / almost
jìn
近
30 years
sānshí nián
三十年
。
the 14th
dì shísì cì
第十四次
World Trade Organization
Shìmào Zǔzhī
世贸组织
Ministerial Conference
bùzhǎngjí huìyì
部长级会议
in / at
zài
在
Cameroon
Kāmàilóng
喀麦隆
to be held / to take place
jǔxíng
举行
，
but / however
dàn
但
member parties
chéngyuán fāng
成员方
failed to
wèi néng
未能
regarding
jiù
就
renewal
xùqī
续期
to reach
dáchéng
达成
consensus
gòngshí
共识
。
exemption
huòmiǎn
豁免
to expire
dàoqī
到期
after
hòu
后
，
various countries
gè guó
各国
government
zhèngfǔ
政府
in theory
lǐlùn shàng
理论上
can / may
kěyǐ
可以
toward / on
duì
对
music
yīnyuè
音乐
、
software
ruǎnjiàn
软件
and so on / etc.
děng
等
digital
shùzì
数字
product
chǎnpǐn
产品
to impose taxes
zhēngshuì
征税
。
however / but
búguò
不过
，
66
liùshíliù
六十六
(measure word)
gè
个
member parties
chéngyuán fāng
成员方
to agree
tóngyì
同意
，
they / them
tāmen
它们
between / among
zhījiān
之间
will not
bú huì
不会
on / toward
duì
对
electronic
diànzǐ
电子
transmission
chuánshū
传输
to levy / to collect
zhēngshōu
征收
customs duty
guānshuì
关税
。
technology
kējì
科技
industry / sector
hángyè
行业
and
hé
和
trade
màoyì
贸易
organization
zǔzhī
组织
regarding this
duì cǐ
对此
to express
biǎoshì
表示
concern / worry
dānyōu
担忧
，
to believe / to think
rènwéi
认为
this
zhè
这
may / possibly
kěnéng
可能
to affect / impact
yǐngxiǎng
影响
global
quánqiú
全球
digital
shùzì
数字
trade
màoyì
贸易
(particle)
de
的
development / growth
fāzhǎn
发展
。
currently / at present
mùqián
目前
，
exemption
huòmiǎn
豁免
(particle)
de
的
to become invalid / to lapse
shīxiào
失效
will not
bú huì
不会
immediately
lìjí
立即
to bring about
dài lái
带来
automatic
zìdòng
自动
taxation
zhēngshuì
征税
，
but / however
dàn
但
may / could
kěnéng
可能
to cause / to create
zàochéng
造成
policy
zhèngcè
政策
in terms of
shàng
上
(particle)
de
的
uncertainty
bù quèdìngxìng
不确定性
。

News in English

Business

WTO E-Commerce Tariff Moratorium Expires After 28 Years

The WTO moratorium on customs duties on electronic transmissions expired on March 30 after members failed to agree on renewal at the 14th Ministerial Conference.

More in Business

United States and Iran
Měi Yī
美伊
ceasefire
tínɡhuǒ
停火
news / information
xiāoxi
消息
to come in / to arrive (news)
chuánlái
传来
，
international
ɡuójì
国际
oil price
yóujià
油价
May
5 yuè
5月
to drop sharply / to fall significantly
dàdiē
大跌
17 percent
17%
17%
。

International Oil Prices Fall 17 Percent in May on US-Iran Ceasefire Reports

Snowflake (cloud data company)
Snowflake
Snowflake
quarterly / fiscal quarter
jìdù
季度
revenue / earnings
yínɡshōu
营收
to exceed / to surpass
chāochū
超出
expectations / forecast
yùqī
预期
，
and / also
bìng
并
with
yǔ
与
Amazon
Yàmǎxùn
亚马逊
to sign / to conclude
qiānshǔ
签署
$6 billion
60 yì měiyuán
60亿美元
agreement / deal
xiéyì
协议
。

Snowflake Quarterly Revenue Beats Forecasts and Signs $6 Billion Amazon Deal

China
Zhōngguó
中国
April
sì yuè
四月
industrial / industry
gōngyè
工业
profit
lìrùn
利润
to grow / growth
zēngzhǎng
增长
24.7 percent
24.7%
24.7%
。

China Industrial Profits Surge 24.7 Percent in April, Fastest Gain in Over Two Years

Meta (company name, formerly Facebook)
Meta
Meta
to lay off employees / layoffs
cáiyuán
裁员
8,000 people
bā qiān rén
八千人
，
to accelerate / to speed up
jiāsù
加速
toward / to
xiàng
向
artificial intelligence
réngōng zhìnéng
人工智能
business / operations
yèwù
业务
to transform / transformation
zhuǎnxíng
转型
。

Meta Cuts 8,000 Jobs in Sweeping Restructuring Toward AI