Posted on 17 November 2010
Tags: China Importing
Ever since awakening of the sleeping giant, it took over the world manufacturing industry by storm. China’s furniture industry is so big it can produce enough furniture for almost all the world’s demand. As a matter of fact, for the past 20 years China’s furniture industry catered to the international market making it a two decade progression for the industry. Most of the world’s furniture are actually manufactured from China nowadays that made the furniture market in China develop into an export based niche.
But before importing furniture from China, there are several things you have to consider first. Here are some helpful advice to give you an idea:
1. China is a relatively large country with varying climates, cultures, terrain that also reflects the uniqueness of each region. There are several dialects and customs as well that a businessman must realize when doing business in a certain region in China. The furniture industry is not characterized by general features but rather by unique characteristics that every trader should understand. A local representative from trade office can help you along in looking for traders.
2. One of the practical way to gain knowledge about importing furniture from China is to attend international fairs, exhibits, trade shows that focus on China’s furniture industry. It will also help you establish a good network of manufacturers and suppliers so you don’t have to go through middle men. Remember to clearly state your specific needs, if you are planning to buy an office furniture, home furniture, hotel furniture or other types that suits your requirements. Always be clear with the specifications and ask either the manager or owner to discuss it so that they can give it immediate attention. Communication is one aspect of business that pose as a challenge to most importers.
3. Building a good relationship with your current suppliers will help you grow your list of suppliers and business contacts. When importing furniture from China, keep in mind that there are thousands of possible suppliers who can even give you the lowest possible price. Always take note of your contacts because you will be needing it someday for sure .
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Posted on 17 November 2010
Tags: China Importing
Many Australian territories like South Wales, South Australia, Tasmania, Victoria and New Zealand imports food and water from China. Majority of developed countries import food from China, they are well known to manufacture and distribute worldwide food products from well-known brands. Some years ago, the incidence of the melamine content in milk products raised vigilance from consumers and all constituents of the Australian territories condemned the idea of candies or milk products with melamine. At a certain period, all dairy products even chocolates or confectioneries with milk content made from China were banned in New Zealand as well as Australia. Subsequently, the two countries agreed to a more rigorous regulatory framework and created the FSANS- Australia New Zealand Food Standards Code . As a result, Australian territories became more strict in taking imported food especially from China.
The FSANS requires a pre-assessment of food products coming into New Zealand and Australian territories . All food products should be labeled in English adequately, it is mandated by law. Relevant information like expiry date, nutritional facts and ingredients should be included in the label this warrants the safety of the consumers. Australian quarantine authorities make sure the products being imported from China are in best condition and controlled, these products include: namely: eggs, beef, pork, tropical fruits and vegetables, salmon and oysters. Also the existing Australian Food Standards Code ( FSC) which is adopted by all Australian territories importing food and water not only from China regulates all food imports by determining maximum levels of metals and contaminants as well as agricultural chemicals in food products.
Furthermore, food as well as wine is also exported from China to Australia. Reports state that Australia has become the second largest exporter of bottled water to China. Japan formerly dominated the Australian wine market, however, China took over as it has the largest export base. Data claims that the Australian Wine and Brandy Corporation have expanded its wine export to China 15 times more in the past five years. A strong and healthy relationship between China and Australia is expected in the future as as both trade partner complies with the food regulations in importing and exporting food and water products.
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Posted on 17 November 2010
Tags: China Importing
Companies who want to do business of trading goods with other countries must be familiar with those countries’ trade regulation laws. Import laws are important for they are the existing government regulations to protect the domestic market from dumping. Despite a lot of multilateral agreements, China has a different set of import law which originates from its former set of policies. Nevertheless, being well-versed in China’s import law can provide leverage for your business.
Being a member of the WTO has a lot of advantages, one of which its members are open and prone to trading, like China. China is one of the world’s, in fact, the world’s top exporter raking in a lot of revenue. The recent world crisis may have affected China but it has even strengthened China’s import policies including its import laws and trade regulations making it more open to the world market. The China Daily, a news release, recently reported that China enforces a strict regulations on its balance of trade.
China Import Law covers a lot of ground from tariffs to protect its own trade policies to technical regulations, restrictions and licensing of products. China is infamously known for imitation, piracy and violation of intellectual property rights but it is currently trying to rectify this reputation by improving regulations in that area. The WTO website provides updates on China’s trade law as well as other press release. Moreover, APEC website contains substantial information regarding Import Regulations and Business information covering China as well as Hong Kong. There are online books that cover a variety of discussions on China’s import laws, such as Custom’s Law, Maritime Code, Laws regarding Import and Export Commodity Inspection, Custom Regulations of the People’s Republic of China, Administrative Punishments under Custom’s Law, Arbitration Rules from Maritime Arbitration Commission and a whole lot of other stuff. The books can be ordered online and immediately shipped within 24 hours. There are also multiple sources if information like our site which can give you a complete walk through on China’s import laws.
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Posted on 17 November 2010
Tags: China Importing
Toys is the only piece of object that children around the world would agree on. Who wouldn’t want to have toys ? Toys can be very entertaining and educational as well, if a pretty dolls can be a source of companionship for little girls and toy blocks can work your little boys imagination. Across the globe, toys come in different shapes and sizes all bringing joy to children. As children’s population increase annually, being engaged in selling toys are very profitable since it has growing market demand. In addition, repeated purchases from children are possible because it is quite a long stage of life. The manufacturing giant produces millions of toys every year which are exported to many countries around the world. Not only toy from China are of good quality but they also have a wide variety of designs and choices for the market. Manufacturing your own toys is more expensive than importing toys from China.
Before importing toys from China you should consider the following first:
1. Visit trade fairs or international exhibits about toys to learn more about the product you want to import. Practicing this will help you know your suppliers and dealers better. It is also possible to meet direct manufacturers that can met your business specifications.
2. Learn more information about China regulations in the toy industry and as well the regulations in your country. Since children are the end user of toys, these products should be toxic free and safe. Different regulations and certifications must be followed by the manufacturers to consider their toys safe. In the past few years, recalls of toys due to health and safety issues is causing an alarm for big toy manufacturing company, this is the worst thing that can happen to your business.
3. If you can, personally visit the manufacturing plant in China and observe how they produce toys. As a precaution, test the reaction of your consumers first by buying a small batch and distribute it gradually to the market.
Toys from China are not that complicated to import. It is advisable to get a licensed broker to help you out with the regulatory requirements and logistics. When it comes to importing toys from China, we have a wide network that you can benefit from.
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Posted on 17 November 2010
Tags: China Importing
In the past decade, China has grown exponentially with regards to its balance of trade, as shown by the number of multi-lateral agreements it entered with different countries through the WTO. It’s true that China’s growth is very rapid due to the fact that a lot of developed countries purchased a lot of affordable products China offered to the world. As a result, China’s goods are at every nook and cranny all over the world, but one aspect of its import business that is encountering some difficulties especially on its safety standard is the Food Import sector. The unforgettable China milk scandal that contained melamine has brought panic to worldwide consumers making almost all food items from China a suspect. As a result, other countries like the United States enforced a strict quality control inspection of all food items from China. To reciprocate, China, through its General Administration of Quality Supervision, Inspection and Quarantine (ASQIQ) also increased its restrictions and inspections of foods that are coming in from other countries.
China has been heavily importing food also from other countries since the Chinese have also acquired taste for certain western dishes that young Chinese people consume. Imported gourmet items have been heavily imported by China due to the expensive taste buds of the ever expanding business sector. However, food safety is now a priority by the country, requiring first time exporters to comply with the regulations of AQSIQ. Imported food would undergo a strict inspection process specially those came from a long journey.
For those who are considering China Food Import business, it is important to comply with the latest regulations on safety and inspection. It is important to attend food fair and expos to have a brief introduction on China’s Food Import. There are still many opportunities to export food to China as the population is gaining economic power to spend for things that are quite new to them such as food. If you are interested in the China Food Market, check our website…
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Posted on 17 November 2010
Tags: China Importing
5 years ago, China lags behind with other countries when it comes to steel production. It relies heavily on steel for manufacturing and electricity. However due to recent funding on two premier steel manufacturing companies, China became one of the world’s top producer of stainless steel, joining the United States and Japan who has been lording the industry for the last twenty years. Also, China was one of the biggest consumers of stainless steel that relied on importing its steel from the aforementioned countries.
A lot of industrial and developed countries see China as a threat because of its rapid rise in its steel industry. The European bloc was the first who felt threatened by this so they issued a 24% tax on imported steel products from China, probably making Marco Polo turn in his grave, according to a newspaper report. The imported steel wire rods from China were alleged to have badly hurt the local steel industries in Europe. Likewise, China also imposed tax levies on steel originating from American and Russia. Perception views China as becoming a superpower due to massive growth in its steel industry.
The two main reasons why China holds an advantage over their counterparts is their unlimited supply of manpower and their affordable capital expenditures. The power cost to process steel is also lower which makes production cost 40% less than production in European countries. That is why China produces affordable steel compared to its Western counterparts. However, China still imports some forms of steel such as ores and other types of steel needed for power plants. Better check first with the local trade industry for any trade regulations and tariffs if one is interested in importing steel from China. It is also beneficial to heed some advice from import experts so as not to encounter any legal barriers when importing from China.
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Posted on 17 November 2010
Tags: China Importing
China’s status as the world’s top exporter will never be challenged because of the affordable prices of the commodities and goods it exports. To reciprocate, China imports raw materials from all over the world for its manufacturing industry. According to online sources, the United States exports to China are electrical machinery and equipment, power generation equipment, air and spacecraft, plastics, optics and medical equipment, iron steel, and oil seeds, oleaginous fruits. On a worldwide level, China’s top imports include mineral and fuel oil, power generation equipment, ores and medical equipment. The numbers show that China requires raw materials that it can later process and manufacture to finish products that are meant to be consumed by developing countries. In the mean time, China is also active in importing medical and aircraft technology to address its rapid progress. More and more millionaires are sprouting in China’s society everyday especially those who have engaged in the trading business. Statistical offices of China, mainly PRC National Bureau of Statistics, and PRC General Administration of Customs, and China Customs Statistics, agree that the imports of 2009 decreased by 16% compared to that of 2008. The worldwide recession has something to do about the decrease in import.
It is significant to look at the balance of trade statistics of China if they are interested in doing business with them. It provides an overview of what products, equipment or materials can be supplied to this manufacturing giant. As of now, the countries that do business with China are the United States. Japan, South Korea, Germany, Australia, Malaysia. Singapore, India and even Hong kong. There are many sources of statistics online that can provide good data about China’s imports. The web and some universities are the sources for statistics online. There are also existing trade associations that are willing to share their data on China’s exports and imports. The other sources of statistical data are bank sites online and the chamber of commerce. For the latest updates and numbers about China’s trade industry, proceed to our website at…
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Posted on 17 November 2010
Tags: China Importing
China’s car import industry is an interesting prospect for business and there are more and more Chinese business men becoming millionaires Before, the upsurge in the China car import has been predicted by economists and business trade analysts. The preferred choice of vehicles of people from the upper strata of society are European made cars such as BMW M series, Audi Quattro and the AMG Mercedes Line up. Apparently, the rich and famous have a need to be seen using this luxury cars.In fact, China imported no less than 229,000 cars in 2006 alone and they are still continuing to import newer and much expensive models to date. There was a reduction of China car imports due to high consumption tax increase, however, the low import tariffs buffered the tax making a minimal reduction. This is quite ironic considering that China’s own car manufacturing industry has excessive production of cars.
BMW, Audi and Mercedes Benz has a new competition in the China car import industry, it is the Volkswagen series like the R-line. Also, models like the durable Land Rover and the classic jaguar is taking its place into China’s car import market. Most Chinese in Eastern China prefer Humvees, Range Rovers, Mercedes SUVs and Escalades for their durability among all-terrain vehicles.
On the other hand, importing cars from China is also good business since the venture would profit from China’s membership in the WTO. To establish a network of possible manufacturers and suppliers for imported cars from China, be sure to get a good understanding of the how the industry works by attending fairs and exhibits and conventions. Always remember that a vast understanding of China import laws would help in your transactions. Chinese people are virtuous so its very ideal if you build good relationship with them. Being involved with the China car import industry is a hard task but once you get your feet in the business the winnings are incredible.
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Posted on 17 November 2010
Tags: China Importing
For the past few years, one of China’s top imports from the United States are air and spacecraft materials. As long as company is willing to dance to the Chinese aviation industry’s tune, business prospects are good when it comes to supplying China with aviation materials.
The aviation industry of China has seen a dynamic growth in the past few years. Last year, the British news report agency the telegraph reported that the British aviation industry has expressed qualms about possible competition from China aircraft manufacturers. China has managed to take the mantle from Great Britain by producing Airbus planes. Even the British engineers are now forced to update and think out of the box to compete with the Chinese manufacturers of Airbus. These events open many opportunities for companies that would want to be involved in the piece of the action in China.
It is important to contact and touch base with the Aviation Industry Corporation of China if they want to supply aviation equipment to China. The main goal of the company is to manufacture more airbus so they can create a competitive market that would manufacture aircraft including military planes. Aside form aviation supplies, China also imports rubber products, tooling’s, metals, and other spare parts so they can manufacture more planes and spacecraft. A private Chinese company dealing with import of aviation products generate no less than 10 million dollars annually. It is then very significant to create a niche in this industry by establishing a network of contacts where one can tap to. Being well-versed also in all aspects of trade regulatory policies is highly recommended which can be further enhanced by getting assistance from licensed brokers. The Chinese aircraft regulatory agency needs to review all of these transactions. It is truly a trying situation to when starting a business in China but in the long run, it can be really profitable. Our company is considered a leader in advising about Chinese aviation supplies, feel free to give us a call.
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