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Ultron Sourcing Home | Market Trend | Imports and Exports in Hong Kong: Part-2
Imports and Exports in Hong Kong: Part-2
August 04, 2020
Import and export documents needed in Hong Kong
Our agents list the documents commonly needed when importing and/or exporting products in Hong Kong:
• Invoice: this is the commercial invoice for the products and it is issued as per a sales contract concluded between the two parties; includes details about the goods and their price.
• Pro Forma invoice: this is provided before the products are shipped and includes information about the type and the amount of goods.
• Sales contract: the agreement between the buyer and the seller that sets forth the terms for their collaboration; it is legally binding.
• Inspection certificate: a report issued by an inspection company or the exporter, issues when the country receiving the shipment need further clarifications.
• Insurance: insurance coverage, stating the type of insurance placed on the goods and how the damages will be covered, if needed.
• Product testing: a document that states the fact that the shipped goods are in line with certain standards; can also be accompanied by a health certificate for some types of products.
This list contains the common documents. A separate category of documents includes those related to the transport of the goods. For example, the shipping order, the bill of lading, the sea waybill or the air waybill and others, like the shipping guarantee, as needed. The financial documents include the bill of exchange the trust receipt and others. For some products, a certificate of origin may also be needed and this is issued by the Trade and Industry Department in Hong Kong and by the corresponding authorities in other countries.
Apart from the requirements for preparing the aforementioned documents, companies will also need to observe the import and export declaration charged. The import ones are divided into food items an non-food items and taxation is based on the value of the goods. However, there is a cap for each import/export declaration at 200 HK$.
Controlled and prohibited goods
A number of laws and regulations are used in the case of certain types of products while others are prohibited from shipping. Companies that import or export the goods that are included on the prohibited list must apply for special licenses and permits in advance of engaging in the actual trade.
The list of controlled exports includes the following: controlled and hazardous chemicals, animals and plants, dangerous drugs, explosives, firearms and ammunition as well as other weapons, ozone-depleting substances and pesticides, Chinese herbal medicines and proprietary Chinese medicines, radio transmitting equipment, sand, rice, rough diamonds, waste.
Controlled imports refer to many of the items of the controlled exports list as well as others such as motor vehicles, radioactive substances and irradiating apparatus, frozen or chilled meat and poultry, game, eggs, smokeless tobacco products, and others.
Please reach out to our agents who specialize in company formation in Hong Kong for a complete list of the controlled exports and imports and for further details on the procedure related to obtaining the special permits and licenses needed to trade these items.
The Hong Kong Special Administrative Region implements a comprehensive policy for the control of strategic commodities and enforced stringent control on the import and export of these goods. The Customs and Excise Department is the agency in charge of the examination of the goods as well as the licenses and investigating and prosecuting contraventions. Individuals or companies that import strategic commodities without observing the regulations in force are offenders and the penalties can include the following:
- A summary conviction with a fine of 500,000 $ and imprisonment for 2 years;
- Conviction on indictment with an unlimited fine and imprisonment for 7 years;
- Mandatory forfeiture of all of the seized strategic commodities.
In 2018, the Department checked 3,527 import/export licenses, concluded 285 investigation cases and prosecuted 59 persons and/or companies in 49 cases, with the fine reaching a total value of 940,000 HK$. In the prosecution cases, most of the commodities were integrated circuits, systems, or equipment for information security.
Ultron has a professional service team who has years of China souricng experiences of wide range of products. Our team can offer excellent foreign trade services and effectively assistance in your China sourcing.
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Imports and Exports in Hong Kong: Part-3
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Blank Endorsement on a Bill of Lading
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A blank endorsement on a bill of lading is an indication that there is no specified recipient of the endorsed bill.
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Bill of Lading vs. Bill of Exchange: What's the Difference?
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If my Original Bills of Lading Are Lost, Can I Obtain a New Set?
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If an original bill of lading is lost, destroyed, or stolen, a new bill generally cannot be obtained unless the original has been found.
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Can I Have More Than Three Original Bills of Lading?
July 22, 2020
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Certificate of Origin (CO)
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A certificate of origin (CO) is a document declaring in which country a commodity or good was manufactured.
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When do you buy CIF and when do you buy FOB?
July 22, 2020
The abbreviation CIF stands for "cost, insurance and freight," and FOB means "free on board."
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Do CIF charges affect customs duties?
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The abbreviation CIF stands for "cost, freight and insurance.
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Ex-Works (EXW) vs. Free On Board (FOB): What's the Difference?
July 22, 2020
Ex-works (EXW) and free on board (FOB) are both international trade terms, known as Incoterms that dictate the responsibilities of buyers and sellers, including which parties are required to cover all costs and arrangements related to the shipping of goods.
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Planning Your Business Trip to China & Traveling to Chinese Trade Shows-Part 6: Trade Shows, Markets and Cash-and-Carry
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Planning Your Business Trip to China & Traveling to Chinese Trade Shows-Part 6: Trade Shows, Markets and Cash-and-Carry
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Planning Your Business Trip to China & Traveling to Chinese Trade Shows-Part 5: Language Barriers and Other Cultural Issues
July 22, 2020
It's always a good idea to learn a few phrases in Chinese. Your Chinese counterparts will be pleased with your effort.
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Planning Your Business Trip to China & Traveling to Chinese Trade Shows-Part 3: Location and Travel Documents
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July 20, 2020
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National Ice Cream Day – July 19, 2020
July 20, 2020
National Ice Cream Day is dedicated to appreciating ice cream.
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Useful tips for wearing a mask while trying to stay cool during the summer
July 20, 2020
Regardless of which face mask you choose to buy or make, there are a few things you can do to make your face mask more comfortable this summer.
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How long do a N95 mask last?
July 20, 2020
the recent Coronavirus (Covid-19) outbreak has created a lot of changes to how daily lives are lived and medical personnel perform their jobs. The shortage of N95 respirators has happened before (SARS, MERS, etc.), just not on this scale.
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What’s the difference between N95, KN95, FFP2 and KF94 mask rating?
July 20, 2020
The N95 mask has a full name of NIOSH-approved N95 respirator, which means these respirators are tested of 95% filtration and certified by the U.S. National Institute of Occupational Safety and Health (NIOSH).
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Genuine or Fake Surgical Masks ? — 5 Quick Tests to Find Out!
July 20, 2020
The 3-ply surgical mask has become the most sought-after commodity during the Covid-19 pandemic, with many buying what they can get their hands on.
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Differences between surgical masks, fashion masks, ordinary hygiene masks?
July 20, 2020
The melt-blown layer in a 3-ply surgical mask is essentially a filter, the droplets containing viruses will be electrostatically adsorbed on the surface and cannot infiltrate the mask.
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China, Mexico, Canada, US trade deals help pet food market
July 17, 2020
Considered together, the trade deals may have synergistic, positive effects for dog, cat and other pet food markets.
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How to Choose the Best Dog Food
July 17, 2020
Most people feed their dogs dry kibble or canned wet food. These processed foods might not be appealing to us, but they contain all of the nutrients dogs need to stay healthy.
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13 US pet food companies added to China customs list
July 17, 2020
Being on the GACC list does not automatically mean easy entry into China's market, however.
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Pet food Chinese market growing | How to import pet food into China?
July 17, 2020
Dogs and cats are the most popular pets in China. Dogs and cats' food Chinese market is growing unprecedented due to tens of millions of Chinese have registered pet dogs, the number of pet owners is continuing on the rise that opening opportunities for companies looking to expand pet food business in China market which leads Asia-Pacific at this moment.
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China removes import barriers on some pet food from US
July 17, 2020
China has lifted its ban on U.S. pet food derived from ruminant ingredients and has also allowed import of pet food with poultry or bovine components.
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Top Manufacturers and Suppliers of Non-Woven Fabrics
July 17, 2020
Non-woven fabrics refer to a class of fabric materials that are bonded together by entangling the fiber or filaments using methods that are mechanical, thermal, or chemical-based.
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How Tariffs Forced a Minnesota Glove-Maker Out of China—And Back Again
July 17, 2020
The author is a product development manager for a company in Minnesota that makes personal protective equipment for all sorts of industrial workplaces.
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The protective gloves and goggles imported from China, the product access conditions of different co
July 17, 2020
You must obtain FDA registration certification from the US Food and Drug Administration before you can sell in the US domestic market.
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Classification of medical gloves imported from China
July 17, 2020
Protective gloves can be divided into nitrile gloves, PVC gloves, latex gloves, and PE gloves according to different materials, and can be divided into medical grade and non-medical grade according to quality grade and use.
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Customs clearance requirements for medical gloves and goggles imported from China
July 17, 2020
The materials of company qualification for the export of medical gloves and goggles required for epidemic prevention and control are basically the same as the export masks.
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Common COVID-19 Gray Market Scams and How to Avoid Them
July 17, 2020
We previously warned of the perils of the gray market for personal protective equipment (PPE) and its potential impact on healthcare providers, and since that warning in mid-March, PPE scams by gray marketers have only multiplied.
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Fighting Fake and Bad Quality PPE with QC Inspections
July 17, 2020
Think your PPE is good because it comes from an FDA-registered vendor? Think again.
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Tariff Exclusions for COVID-19 Products: Get Yours Before June 25!
July 17, 2020
If you import a product related to the medical response to COVID-19 that is subject to Section 301 China tariffs, you still have time to request an exclusion from the US tariffs, irrespective of whether you previously applied for one.
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US Buyers Seek Surgical Mask Suppliers:Here are the Regulatory Requirements for Helping to Meet the
July 17, 2020
COVID-19 has made its way to the United States and has led to a nationwide shortage of face masks.
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Still Confused About Masks? Here’s the Science Behind How Face Masks Prevent Coronavirus
July 17, 2020
As states reopen from stay-at-home orders, many, including California, are now requiring people to wear face coverings in most public spaces to reduce the spread of COVID-19.
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Chinese importers for timber raw materials–wood logs China imports
July 17, 2020
China's reliance on timber imports is expected to keep growing in the next few years, the country's demands for solid quality raw timber materials to keep China wood industry going further.
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IMPORT FURNITURE FROM CHINA TO USA
July 17, 2020
If you'd like to import furniture from china to USA – for personal use or resale then you should know there are rules regarding importing furniture into United States that are designed to protect the world from illegal logging.
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How do I import wood products into the U.S.?
July 17, 2020
Plywood, flooring, crates, sculptures… When moving wood items across the border, importers need to know what's required of them by customs and other regulatory agencies.
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Importing Wood Products Into the U.S
July 17, 2020
If you are importing wood products into the United States, you should be aware of the many rules and regulations surrounding wood product imports.
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6 advices when importing electric bikes from China
July 17, 2020
Electric bike is a huge industry while most of them are manufactured in China. When importing electric bikes from China, there are things you need to consider cautiously such as import duty and quality control,.etc.
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Customs ruling means e-bikes excluded from tariffs
July 17, 2020
U.S. Customs and Border Protection has ruled that e-bikes fall under the same category as electric motorcycles and therefore share an exclusion, granted in September, from the Trump administration's Section 301 tariffs on Chinese imports.
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7 Essentials factors to consider before importing e-bikes from China
July 17, 2020
An E-bike or electric bicycle is an electric motor driven bicycle, which assists rider with peddling.
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8 Benefits Of Using Electric Bikes
July 17, 2020
We're living in the future! In all aspects, technology has improved our lives, whether that be through breakthrough medicines, renewable energy or new sporting ideas to keep us active (and living) longer… one of these changes is an electric bike.
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Are You Better Off Using Recycled Pallets?
July 15, 2020
Recycled pallets have the same load performance as new pallets, but at a lower price and reduced carbon footprint.
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Pallet Weight and Capacity
July 15, 2020
Pallets move the world but have weight of their own. Read to find out how much wooden 48 x 40 pallets can weigh and their load bearing capacity.
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The Benefits of LTL Shipping
July 16, 2020
Less than truckload freight shipping (LTL) is the term used to describe the transportation of small freight—cargo that does not require the full use of a standard trailer.
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6 Tips for Palletizing Cargo
July 15, 2020
Good packaging is key to keeping cargo intact throughout its shipping journey. Using a pallet is one of the best ways to ensure your cargo arrives safely and securely at its destination.
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PALLET REQUIREMENTS FOR EXPORT: WHAT TO KNOW
July 16, 2020
It's exciting when your product finds a new market overseas. Finding a niche at home makes a successful business, but a market abroad makes your brand global–even if that new market is just across the border in Canada or Mexico.
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Defining Export Pallet Dimensions and Why They Are Important
July 15, 2020
Since 1974, Plain Pallets has been supplying custom export pallets to clients from all over the world. In that time, we have learnt the importance of export pallet dimensions.
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Exporters: Are your wooden pallets taking a bite off your bottom line?
July 16, 2020
There are said to be billions of pallets circulating around the world today. About eight percent of them are made of plastic and five percent of metal, but a resounding 87 percent of pallets in use are made of wood.
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The Most Common Standard Pallet Sizes
July 15, 2020
Pallets come in many different shapes, sizes, and types. But there is one standard size pallet that is most common to shipping in the United States - 48”x 40”
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What Is a Pallet?
July 16, 2020
The pallet, typically a form of tertiary packaging, is a flat structure used as a base for the unitization of goods in the supply chain.
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All About Different Types of Pallets
July 15, 2020
Pallets aren't just pieces of wood nailed together, they are a critical element of your product packaging and logistics.
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How To Find Products To Sell On Amazon
July 16, 2020
One name that flits across our brain the moment we think about E-commerce is Amazon.
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The History of the Barcode
July 16, 2020
The history of the barcode is a fascinating tale. It began in 1949 when a young engineer with an interest in merchandising ran his fingers through the sand on a beach in Miami, Florida, and had a eureka moment.
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Why demurrage/detention waiver period is required at destination for import
July 16, 2020
Demurrage means charges against goods and detention means charges against equipments.
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How to Achieve Success in a Competitive CBD Market
July 16, 2020
People have been taking CBD products for years. However, the industry exploded after the 2018 Farm Bill was signed into law, making industrial hemp products officially legal.
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How trade shows can benefit your business this year
July 16, 2020
There are many ways that you can market your business this year by attending business exhibitions.
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Why is it important that businesses are active on social media?
July 16, 2020
Social media is a potent tool in society, for both personal and business use. Many businesses have now adopted the use of social media for their digital marketing strategies.
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An overview of export finance
July 16, 2020
Finance, at its core, involves money in some way. Those working international finance find themselves dealing with foreign exchange markets, delays in customs, international regulations like capital controls and slow paying customers.
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Why sourcing a good courier is crucial for your online business
July 16, 2020
Courier services come in all shapes and sizes, but they all share one thing in common: they can help your business in a lot of different ways.
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How to start a t shirt business online from scratch?
July 15, 2020
If like many you are a budding entrepreneur looking for a gap in the market or an industry niche to move into and capitalise, then an online t shirt business could satisfy your entrepreneurial itch.
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5 tips for improving delivery times and shipping service performance
July 16, 2020
For a company that sells products online to thrive in the overly competitive market, there can be no room for any delays in order processing or shipping, nor can a parcel arrive even a day late at its destination – otherwise, your customers might never buy from your again.
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How to leverage LinkedIn for lead building
July 15, 2020
LinkedIn is one of the most popular social networks currently available. With approximately 660 million users and counting, the platform provides unique opportunities to network, build a business profile and discover new potential employees or job opportunities.
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What you need to know about branding your packaging
July 15, 2020
Prioritising your branding and packaging design is a top priority if you want to be successful. Having your product packaging on point and meeting both brand and legal expectations is a very important process that can not be ignored.
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What’s key for trade show success?
July 15, 2020
They are fantastic ways to get exposure for your company. They can solidify your branding. They put your business in the mind of potential customers, and can create a buzz for your products or services. They give you a chance to see what other companies are doing in your industry, and are all-around great ways to network. Trade show success can lead to new business and brand exposure.
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The CBD business is booming – but can anything cause a bust?
July 15, 2020
CBD, or cannabinol, is one of the non-psychoactive compounds (meaning it won’t get you ‘high’ or leave you feeling intoxicated) found in both marijuana and hemp plants.
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Yes, the coronavirus crisis will break some businesses. But it may be the making of others
July 15, 2020
Many business owners and CEOs, as well as many leaders of organisations outside of the business world, know that periods of rapid growth have a way of bringing teams together.
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Why right now could be the best time to start a digital business
July 15, 2020
Jack Mason, entrepreneur and CEO of digital business collective Inc & Co examines why now is the perfect time to be a digital entrepreneur.
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Take advantage of the constant increase in Bitcoin
July 15, 2020
Let’s start by clarifying the term “Bitcoin”, you’ll see, it’s not that complicated.
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The best way to send money abroad for businesses
July 15, 2020
The global economy has long become a seamless and integrated one. Even a world grappling with the COVID-19 pandemic continues to trade and carry on business across borders.
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What you need to know about doing business with China
July 14, 2020
China is the 3th largest country in the world and it's one of the most popular countries for exporters. It's predicted that Chinese consumer spending will rise from $2.03 trillion in 2010 to $6.18 trillion annually in 2020.
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Businesses in China, Greece and Italy slowest to pay suppliers
July 14, 2020
UK exporters to China risk facing the world’s longest wait for payment, warns the global leader in trade credit insurer, Euler Hermes.
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Why UK SMEs should look to China’s ecommerce revolution
July 14, 2020
In the UK, SMEs account for 60% of UK private sector employment, and in China 80%. They are the lifeblood of any economy, creating and innovating in a way that many of the large cap companies simply do not.
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7 of the most expensive flowers in the world
July 14, 2020
A nice and interesting way to earn money can be to grow and sell rare and exclusive plants.
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Amazon FBA for startups
July 14, 2020
Amazon FBA (Amazon Fulfillment-by-Amazon) is one of the most trusted fulfillment platforms in the world.
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Why manufacturing in China still helps keep costs down, helping businesses stay profitable
July 14, 2020
In 2011, just 10 years after China joined the World Trade Organisation, opening itself up to the global economy, it overtook the US to become the world’s top manufacturing country by output.
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5 easy ways to cut costs without harming your business
July 14, 2020
Not even the savviest financial planner could have predicted the business and economic upheaval we've experienced in a matter of weeks.
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10 COMMON EXPORT DOCUMENTS YOU SHOULD KNOW ABOUT
July 14, 2020
You have secured the international sale and your next step is to prepare for the shipment of goods to your foreign buyer.
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Dropshipping is a Fantastic Way to Start Making Money Online
July 14, 2020
Dropshipping, in a nutshell, is a business model whereby an online store doesn't own the inventory it sells. Instead, when a customer places an order, the store purchases that item from a third party that will then ship it directly to the buyer. Put another way, the online store is a middleman, taking orders from customers, which it then forwards to a supplier or manufacturer to fulfill on its behalf.
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Test New Products for Sale with Wholesale Product Dropshipper
July 14, 2020
The modern business world is very competitive. In order to maintain the competitive edge, businesses need to bring in a new product range and introducing new items to their customers.
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Types of Export Containers
July 14, 2020
Different types of containers are used in domestic and international trade to move cargo from one location to another.
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How does Bill of Lading work in Sight LC
July 14, 2020
Letter of credit at sight is one of the payment terms in international trade. Once after completion of export formalities at customs, exporter collects original Bill of Lading from carrier of goods.
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Non receipt of Cargo Arrival Notice, Can importer sue against shipping company
July 14, 2020
If the overseas buyer (importer) does not follow up the arrival of each shipment, the cargo arrives at destination un cleared.
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Is Letter of Credit LC safe for an Importer?
July 14, 2020
Letter of Credit is operated based on the guidelines governed by the rules and regulations of UCPDC 600 (Uniform Customs and Practice for Documentary credit 600 which came in to effect as on July 1, 2007.
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Why Businesses should Adopt Wholesale Buying Strategy
July 14, 2020
Every business owner whether it is large, medium or small, always tries to look for the ways to reduce the overhead costs. One of immaculate strategy businesses can adopt is buying in bulk.
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Why Western Companies Depend on China for Sourcing Goods
July 14, 2020
Since the introduction of the economic reforms in 1978, China has become the world's manufacturing hub, where the secondary sector (comprising industry and construction) represented the largest share of GDP.
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How SMEs can Use Wholesale Products Dropshipping to their Advantage
July 14, 2020
Much has been written in recent years about a discernible shift in focus among business leaders and policymakers toward achieving SME growth.
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Ways to Use Online Portals Optimally to Sell Products from Chinese Suppliers
July 14, 2020
Small and medium business owners think that it is difficult to source proper agents in China. It is true, though, it is even more difficult to sell the products that you have sourced from suppliers from China.
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Selecting Wholesale Chinese Suppliers – Avoiding Common Mistakes
July 13, 2020
China's business policies have always been an emotion churner among the foreign companies. It is a land full of business opportunities for entrepreneurs from others parts of the world.
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Is Airway bill a document of title?
July 13, 2020
Airway bill is not a document of title by nature. However airway bill can be prepared such a way to treat as a documentary title. Airway bill is an evidence of meeting the contract terms of shipment. Also it is the receipt given by air carrier on receiving the goods.
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How to Compute Basic Ocean freight under LCL shipment?
July 13, 2020
Calculation of basic Ocean Freight under LCL cargo is on the basis of per CBM (Cubic Meter) rate or per Ton (per 1000 kg’s gross weight) whichever is higher.
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What is feeder vessel ?
July 13, 2020
In international shipping, we tend to throw around terms even though not everyone knows what they mean. One of the terms we hear a lot in the shipping industry is “feeder vessel”.
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How to calculate chargeable weight under airfreight in exports and imports.
July 13, 2020
Freight charge under air shipment is calculated on the basis of weight of cargo. Commonly a question arises here, whether actual weight or chargeable weight?
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TYPES OF MARINE INSURANCE POLICIES
July 13, 2020
The shipper or insured covers the risks depending on the terms of letter of credit/ export order. The Institute of London Underwriters has drawn up the different clauses in marine insurance policy in respect of risk coverage.
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Difference between Pro forma Invoice and Commercial Invoice in Export Import Trade. Do pro-forma inv
July 13, 2020
One of the common questions arises in a business terms is the ‘difference between pro forma invoice and invoice’.
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What is SGS Inspection in Exports and Imports?
July 13, 2020
SGS is an international inspection agency works all over the world in the field of improving quality and productivity, reducing risk, verifying compliance and increasing speed to market.
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How to settle dispute in International Business of Import and Export
July 13, 2020
As per my experience in import export trade, the primary reason for disputes is quality of the goods exported.
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Difference between Letter of credit and Bank Guarantee
July 13, 2020
A letter of credit is written commitment document issued by a bank or other financial institutions to assure payment to seller on the basis of documentary proof on fulfillment of performance by seller as per terms and conditions mentioned in LC.
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How to obtain a duplicate BL, if original bill of lading lost?
July 13, 2020
BL lost in courier transit, how to get a new bill of lading.
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Philippines' total external trade shrinks over 38 pct in May 2020
July 13, 2020
The Philippines' total external trade in goods in May amounted to 9.84 billion U.S. dollars, an annual decline of 38.7 percent, the Philippine Statistics Authority (PSA) said on Friday.
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How Sourcing Products from Chinese Sourcing Agents Improve your Profit Margin
July 11, 2020
In order to run a successful business venture, you always need to look for ways to cut costs and increase profit margin.
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Know the Tricks of Sourcing Quality Products at the Lowest Price from China
July 11, 2020
For the European and US businesses, China is the finest spot for sourcing various types of products at a relatively cheap price. As the Chinese economy transitions into the modern age, there is ample reason to believe US imports from the Chinese wholesale suppliers can grow even more rapidly, and US firms can harvest significant revenues from their investments.
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Sourcing From China Is A Long Learning Curve
July 11, 2020
China made products have become increasingly trendy, as customers demand cheaper price, a wide range of choices and fast delivery.
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Effective Methods to Find Perfect Product Sourcing Agents in China
July 11, 2020
Earlier, there was a conception that if anyone wants to do a business, he should look up to the Western countries, but now the trend has reversed.
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Reduce the Risk of China Sourcing With Methodical Approach
July 11, 2020
Businesses from all over the world have realized that manufacturing goods in China at a low cost is no longer implies low-quality product anymore.
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A Legitimate Sourcing Agents In China Can Save You Thousands Of Dollars
July 11, 2020
China sourcing agents is a procurement solutions provider to help foreign businesses discover reliable Chinese suppliers or manufacturers at the lowest cost.
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The Reasons Why You Need a Sourcing Agent in China
July 11, 2020
Finding a sourcing agent in China isn't an issue free occupation. Yet, to name a sourcing operator, buying specialist or purchasing an office is an absolute necessity do work in China for working together effectively.
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Blueprint of Becoming a Sourcing Agent in China
July 11, 2020
China's manufacturing industry has put this country on the world's map. The rapid development of China's factories and modernization of manufacturing sector has made this country one of the finest places for sourcing various sort of products.
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Track Wholesale Suppliers in China to Get Lower MOQs
July 11, 2020
Long lead times and high MOQs are 2 major hurdles of importing products from China. These are especially problematic for start-ups who deal with scarcity of cash.
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How to Choose an Ideal Purchasing Agent in China?
July 11, 2020
Selecting a sourcing or purchasing agent who is perfectly apt for your business in China is difficult but a must do job.
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Profitable Aspects of Procuring Goods from China
July 11, 2020
Procurement agents in China aim to help small business import products from China with good price & quality. Developed countries largely depend on the China sourcing to stay afloat.
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Why Quality Control is Essential for China Made Products
July 11, 2020
Since 2009, China has ranked as the world's leading exporters of goods. The country took over from the U.S in 2013 as the largest trading nation in the world.
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Simple Ways to Make your China Procurement Smooth
July 11, 2020
Experienced Chinese sourcing agents always advise business owners to have some Chinese language knowledge and a basic understanding of how the business registration system works in China.
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The Basics of Selecting the Most Profitable Dropshipping Products to Sell in 2020
July 11, 2020
Dropshipping is a retail fulfillment method where a store does not keep the products it sells in stock.
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Face mask regulations explained: Comparing surgical and respirator masks
July 10, 2020
All medical face mask regulations are designed to oversee how effectively products protect users against the transmission of bacteria and, in turn, help to prevent the spread viruses such as coronavirus
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Terms of Payment in Export and Import
July 10, 2020
If we do not go in detail about definition and deep parameters, I will call this slogan – ‘ Business is money’. Although business man enjoy his day to day life in trade, if a loss occurs in business, everything collapse. So payment of any sales proceeds plays a very important role than any other roles in business.
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How to prepare an Export Invoice. Contents of Export commercial Invoice:
July 10, 2020
An exporter's point of view, invoice is the prime document in business
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How does Wire transfer work in international business?
July 10, 2020
Wire transfer is method of fund transfer by means of electronic from one individual or organization to another, either from one bank account to another or transfer of cash at a cash office.
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Locating Chinese Wholesale Suppliers Smartly and Effectively
July 10, 2020
Many small and medium business owners have had a query in mind – is it hard sourcing products from China? If the answer is affirmative, then how hard is it?
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Selling China Sourced Products Internationally by Choosing Proper Location Options
July 10, 2020
Sourcing products from China and selling them across the globe is not easy. The seller must be disciplined and follow certain basic steps to start selling on reputed online international platforms.
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How Can You Source Products From China For Your Business?
July 10, 2020
It has been noted that there is a marked increase in the number of products imported into the U.S. from China. It signifies that there is a huge possibility of earning big from selling products imported from China.
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Strategies You Can Adopt While Sourcing Products From China
July 10, 2020
You need to adopt a solid sourcing strategy while importing goods from China. Over the past few years, China has become the favorite destination for sourcing high-quality, low-cost items.
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Advantageous Reasons Why You Should Source Products From China
July 10, 2020
Ultron has a professional service team who has years of China souricng experiences of wide range of products. Our team can offer excellent foreign trade services and effectively assistance in your China sourcing.
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Areas Often Overlooked When Businesses Sourced Products From China
July 10, 2020
China's meteoric rise as a low-cost manufacturing hub in the world draws the attention of leading US companies to source products from here. Purchasing goods and items from China has allowed companies to boost their ROI along with gaining a competitive advantage over their rival companies.
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Reinforce your Business by Sourcing Products from China
July 10, 2020
China's manufacturing industry is growing at an astonishing rate. It is estimated that the momentum will continue in the coming years.
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Reasons Behind China’s Global Manufacturing Dominance
July 10, 2020
The majority of the products that we use in our daily life come with the tag “Made in China”.
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The Valuable Aspects of Appointing Single Chinese Sourcing Agent
July 10, 2020
In our previous post, we have given a detailed explanation about the growing international influence of the Chinese sourcing agents.
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Cash In Enormous Opportunities by Sourcing Products from China
July 10, 2020
China's current outsourcing market is growing at an incredible pace. Sourcing products with the help of suppliers from China allows foreign business owners to procure high-quality products at the most competitive price.
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Why 2020 Will be a Winning Year for Dropshipping Business
July 09, 2020
Market analysts are of the opinion that dropshipping will have a major influence in the year 2020 as consumers are likely to spend more online compared to shopping from in stores.
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Drop Shipping Wholesalers in China – Best Way to Find Them Out
July 09, 2020
In recent days, it’s a very important and a valid question for the business men that “Where from and how do I select the best fitted dropshipping wholesale for his business in China?” In fact, knowing a way to locate the proper Chinese dropshipping suppliers is the maximum important records you need.
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Single Product Dropshipping, the Biggest Business Trend of 2020
July 09, 2020
Dropshipping is an amazing way to start your business. Dropshipping is where you advertise a product, sell the product to the consumer, then the supplier delivers the goods directly to the consumer.
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Abiding by Some of the Rules can Help the Entrepreneurs to Avoid Losses
July 09, 2020
The Chinese products that are found nowadays are cheaper in prices and for that reason, China is a place with lots of business opportunities. For the business entrepreneurs or the small start-up business individuals, it is worthy to import the products from the Chinese market in cheap rates.
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China’s Cosmetics Products Industry & Sourcing Possibilities
July 09, 2020
The skincare products sector on the Chinese mainland has been growing at a fast pace in tandem with the rapid development of the Chinese economy in recent years. Along with the other top-selling consumer items, made in China wholesale cosmetic products are also enjoying global popularity especially in the US and the European countries.
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Selling Products Efficiently Sourced from Chinese Wholesale Suppliers
July 09, 2020
Simply sourcing products or contacting product sourcing agents in China will not give you business. To sell products on an international platform you must know the process to put up your products there and sell it.
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Why All Made in China Goods Are Not Bad
July 09, 2020
Americans spend way more on stuff that’s made in the China than on stuff that’s made in the USA. According to an Associated Press-GfK poll- he vast majority of Americans say they prefer lower prices instead of paying a premium for items labeled “Made in the USA.” Small, medium and large businesses in the U.S. import various types of goods from the Chinese suppliers at wholesale price, and make them available at an affordable price to the American consumers.
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Innovative Manufacturing & Sourcing Opportunities China Offers
July 09, 2020
A maximum number of products that we use in our everyday life are manufactured in China. 70% of the world’s mobile phones, 80% of it’s air-conditioners and 60% of its shoes are produced in China and the exporters from all over the world source products from Chinese wholesale suppliers.
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Make your China Sourcing More Profitable by Following these Tips
July 09, 2020
Cheap and highly affordable Chinese products can lead the line for a brilliant business prospect. Smaller businesses with limited financial strength can import different types of products from the China wholesale suppliers and sell them in their home market.
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Figure Out the Best Ways to Partner With a Chinese Supplier
July 09, 2020
The manufacturing industry of China is going from strength to strength for some time now. Sourcing and importing goods from the Chinese suppliers wholesalers have become accessible to businesses of every size.
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What Could be your Selection Process for a Chinese Supplier
July 09, 2020
There are so many products manufactured in China. This is what drives businesses from all around the world to come over here. Chinese suppliers offer businesses with unique opportunities- especially in a highly competitive global economy. Identifying the right and appropriate supplier plays decisive role in the overall success of your business.
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Beware of the Chinese Manufacturers that Quote The Lowest Price
July 09, 2020
The lowest price concept in China is considered to be a huge red flag. According to the professional Chinese sourcing agents, there is a list of valid reasons behind the cheap prices relative to other quotes.
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Strategies You can Adopt for Sourcing Products from China
July 09, 2020
Buying true wholesale items directly from the manufacturer in China is the best option. Buying Chinese products wholesale means you can eliminate the middleman, earn a higher profit for yourself and still manage to stay competitive.
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Buy Direct from China Suppliers and Get Better Pricing By Eliminating Middleman
July 09, 2020
The rapidly developing Chinese market has so many options, both retail and wholesale ones. When you are looking to source products from China, you may be confused or overwhelmed by the process.
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How to Overcome Quality Issues with the China Products
July 09, 2020
Chinese goods exist because selling them is more profitable than locally manufactured goods.
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How can Chinese Sourcing Agents Help you With their Market Knowledge?
July 08, 2020
Similar to a real estate agent who helps you finding the property, product sourcing agents in China assist in the process of procuring goods from China to your country.
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China-Specific Sourcing Research Importers Need to Conduct
July 08, 2020
China becomes a decadent destination for doing business owing to its resource availability both physical and labor, development of the business value chain, improved infrastructure, productivity and workforce skills.
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How Sourcing Agents Provide you Competitive Edge
July 08, 2020
China has become a business and manufacturing hub over the years. Choosing to source products from China can be a practical choice. Whether you are a first-timer or a frequent importer, hiring a product sourcing agent in China can be a good investment for your business.
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Multichannel Sourcing Opportunities in China
July 08, 2020
Sourcing products can benefit your business in more ways than just costs. Exporting goods allows you to expand the number of products you are able to sell to the customer.
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Three Secrets to Successful China Sourcing
July 08, 2020
In a China sourcing business, your ability to follow-up and follow through with the potential China suppliers is paramount. If your company doesn't have a systematic approach to procuring goods from China, you cannot maximize your margin.
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China Factory or China Trading Company, Which One is Ideal
July 08, 2020
Many European and US importers wrongly believe that procuring products from a trading company equal to buying products from the middlemen.
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Selling Chinese Wholesale Items Successfully on Big Online Retail Stores
July 08, 2020
Selling items on the big online retail stores has a process of its own. It is neither difficult nor easy. Once you know the tips the rest just follows.
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Using Global Sources to Find Wholesale Suppliers from China
July 08, 2020
Sourcing products from China could be a bit of a problem when done by novices. It is always good to prepare yourself before tying up with any wholesale item suppliers from China.
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Tips To Find Reliable Wholesale Suppliers In China
July 08, 2020
An amazing trend observed in the wholesale marketplace in China is as more sellers are signing up, more buyers are looking up what is being sold.
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Popular Wholesale Items to Source from China
July 08, 2020
The wholesale procurement of Chinese items and selling them in the US market is a profitable business. But most people would agree that the difficult part of sourcing items from China is to decide which product to import.
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List of the Best Selling Products you Can Import From China
July 08, 2020
Sourcing and importing from China has become accessible to businesses of every size. It has become easier, cheaper and lucrative. In this scenario the role of a trusted sourcing agent has become greatly vital. A reliable sourcing agent is a huge asset to any foreign company importing products and goods from China.
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Identify Qualified Wholesale Suppliers in China from Trade Fairs
July 08, 2020
The trade fairs in China have become increasingly popular and exercise immense significance to the world’s market. Thousands of businesses from all over the globe visit trade shows in China hoping to buy needed China items wholesale products and scouting for business opportunities.
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2 Best Products Foreign Businesses Should Import from China
July 08, 2020
China’s fast growth in the last decade or so was principally driven by the favorable domestic policies have helped channel government and foreign direct investment.
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Considering of Sourcing Products from China – Learn the Basics
July 08, 2020
Finding low cost products in China is easy but finding quality products at an affordable price range is challenging. Sourcing agents solve that puzzle and easily identify manufacturing companies that offer standard product without charging high.
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Striking Deal With Wholesale Suppliers in China is the Best Business Approach
July 08, 2020
It doesn’t matter if you are a start up company or a multinational brand, China holds enormous business possibilities for everyone. You just need to select a trustworthy wholesale supplier in China to boost your business. When you are first looking for suppliers, you want to try and go with someone who is a bit smaller because they will be hungrier for your business and might be more open to doing something a bit different.
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The Best Possible Ways to Reduce China Sourcing Cost
July 08, 2020
Purchasing products from a trusted wholesale Chinese supplier enables you to have a guaranteed higher profit without dealing with a middleman. It is all about cutting the cost down for ensuring higher bottom line.
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China Sourcing Trends Foreign Importers can Follow
July 08, 2020
Are you a seller that has been struggling where to buy bulk orders? Are you considering buying goods from China wholesale suppliers but with doubt?
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The Prospect of China’s Growing Trade Relationship with Other Nations
July 08, 2020
Since it has joined the World Trade Organization in the year 2001, China’s economic relationship, bilateral trade, import/export and sourcing all have undergone substantial changes.
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Why it is Good to Source Corrugated Boxes Only From China
July 08, 2020
Corrugated boxes have become really useful items in commercial as well as domestic use. From packing to keeping things, they can be utilized for different purposes. Larger boxes from warehouse stores, supermarkets, or the office are perfect for packing and moving.
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Why most factories refuse to give customer references
July 08, 2020
Ideally, a manufacturer should be capable of giving legitimate customer references. It would be a strong sign of reliability, and a great marketing tool.
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Why China Sourcing Agents are Instrumental for the Success of your Business
July 08, 2020
In recent years, Mainland China potentially represents a huge and growing market full of opportunities. It has become a popular destination for sourcing offshore components. Production cost in this country are relatively low and companies can find a top-quality product at the best possible rates.
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Follow these Footsteps to Eliminate China Sourcing Problems?
July 08, 2020
Consuming goods Made in China has increased a lot and the main reason behind it most of the companies all across the world lack the capacity to create the number of products that come from China. The cost differential between manufacturing domestically and manufacturing in China is significant.
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import and export agent produced background
July 07, 2020
Many corporate functions, such as administration department, property department, accounting department, audit department, storage and transportation department, advertising department, have been replaced by professional intermediary service companies, such as secretarial companies, property management companies, accounting firms, auditing firms, storage and transportation companies, advertising companies, etc.
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Notes for import agents
July 07, 2020
Import agency refers to the trade service business entrusted by the customers who have the demand of goods import to the shipping company, freight forwarding company, customs declaration company and trading company for import because they are not familiar with the import business or for other reasons.
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Import and export agents
July 07, 2020
In international trade, Agency mainly means sales Agency. The exporter makes an agreement with a foreign agent. The exporter ACTS as the principal and authorizes agents to sell commodities and sign contracts on behalf of the exporter.
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The rights and obligations of documentary L/C
July 07, 2020
Parties to a letter of credit refer to the parties involved in a letter of credit transaction. The principal parties are the issuing bank and the beneficiary of the letter of credit. Although Banks may issue letters of credit in their own name, most letters of credit are issued against the instructions of the applicant, so the applicant is the other principal party to the letter of credit.
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Bank draft introduction and features
July 07, 2020
Bank draft refers to a bill issued by the issuing bank and paid unconditionally to the payee or holder at sight according to the actual settlement amount. The drawing bank of a bank draft is the drawee of a bank draft.
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Commercial bill of exchange
July 07, 2020
Commercial bill of exchange is a bill signed by a drawee or payee (or applicant for acceptance), accepted by an acceptor, and payable to the payee or endorsee on maturity. Acceptance refers to the act that the drawee of a bill is willing to bear the payment obligation of the face value of the bill. Colloquially speaking, it is the act of admitting that the bill amount will be paid unconditionally at maturity.
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Import and Export Trade process
July 07, 2020
Import and export trade is also called foreign trade, or international trade, referred to as 'foreign trade', refers to the exchange of goods, services and technologies between one country (region) and another country (region). Generally, the enterprise at the beginning of contact with import and export trade, it is not clear how to operate, the following small make up will first introduce the specific process steps.
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Basic knowledge of import and export customs clearance
July 07, 2020
Customs clearance, namely clearance and clearance, refers to the import and export goods and transhipment goods, entering or leaving the customs or the border must go through the customs regulations procedures, only in the customs declaration, inspection, taxation, release and other procedures, goods can be released, release called clearance.
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3 best practices for effective sourcing
July 07, 2020
In the field of procurement management, sourcing—the search for suppliers—remains something of an obscure notion. The purpose is to optimize your procurement chain, make use of resource in sourcing, reduce your costs, and find the best suppliers to help you attain your objectives.
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China Sourcing Advantages
July 07, 2020
That China remains a manufacturing powerhouse despite its rising costs shouldn’t be surprising. Sourcing is more than just chasing cheap costs, and this statement is only becoming truer.
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COVID-19 may have existed in environment for many decades: researchers
July 07, 2020
The SARS-CoV-2 virus that causes COVID-19 may not have originated in China but could have been thriving in a dormant stage in the environment for decades, according to researchers.
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N95 Face Mask Machine
July 07, 2020
Automatic N95 Mask Making Machine adopts programmable control system, touch screen panel, speed-shift and electronic automatic counter.
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High-speed Face Mask Machine
July 07, 2020
More and more companies are trying to get into the mask-making business, as hospitals and public officials scrounge for protective gear for medical workers confronting the coronavirus pandemic.
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How Trend Analysis Fits into Spend Forecasting?
July 06, 2020
To add predictive power to your spend data analysis and management, trend analysis relies on three specific types of financial analysis and projection
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What is Strategic Sourcing?
July 06, 2020
When it’s healthy and well-optimized, your supply chain drives your company’s ability to produce the goods and services your customers need, with minimal disruptions and maximum value and savings for your company.
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What Is Trend Analysis?
July 06, 2020
Understanding how to use tools like predictive analysis is essential for any business with plans to survive, thrive, and grow in the future by making smart decisions in the present.
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10 Strategies for Improving Supplier Relationship Management (SRM)
July 06, 2020
Supplier relationship management (SRM), in simplest terms, refers to interacting with and managing third-party vendors that provide goods, materials, and services to your organization. It sounds easy enough—you choose suppliers that are cost-efficient and easy to work with to maximize the value of the relationship.
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What’s The Difference Between Procurement & Sourcing?
July 06, 2020
Much like procurement vs. supply chain management, procurement and sourcing are two related, but different terms that are often used interchangeably. Let’s take a look at the difference between the two so you can better understand which term should be used and when.
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Import agency business
July 06, 2020
After the seller and supplier negotiate the basic transaction conditions, we can provide customers with the following import services.
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Requirements for inspection and quarantine of imported grain customs
July 06, 2020
The term "imported grain" refers to the kernels of cereals, legumes, oil seeds and other crops used for processing or non-reproductive purposes.
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How to find agent import customs clearance company?
July 06, 2020
Goods were withheld by post, want to find an EMS agent import customs declaration line but do not know where there is such a company. He is individual article wants to import to want to do without import management right to want to do however, do not know how to pay tax? How can you maximize your savings?
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The small buyer’s dilemma in China
July 03, 2020
Over the years, many small and midsize importers who were looking for a good supplier have a very common question that is “what kind of factory should I look for?”.
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Rising prices in China: 5 solutions for importers
July 03, 2020
The RMB rate has been going up steadily against the USD (see below), and labor costs have been increasing even faster. When you add the raises in shipping rates and in certain raw materials prices, prices have often increased by more than 10% a year.
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A Good Quality Assurance Strategy in China [10 Components]
July 03, 2020
Ensuring product quality over time is one of the major challenges of all importers. But what makes for an effective quality assurance strategy in China?
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Imposing Penalty Clauses on Chinese suppliers
July 03, 2020
To impose fines on suppliers for late delivery and quality issues makes sense if it is structured correctly.
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What can you observe in a Chinese factory?
July 03, 2020
a factory visit is carefully scripted, and you won’t get 100% truthful responses. In other words, the supplier's salesperson will tell you what she thinks you want to hear.
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Is an export license a must for Chinese suppliers?
July 03, 2020
Some quality control firms say to their clients: “You should book an audit on the factories you intend to work with. We’ll check if they have an export license. If they don’t, it is a bad sign because they are not authorized to export their products.”
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How to find a suitable Chinese supplier? More art than science.
July 03, 2020
How to find a suitable Chinese supplier is a process consisting of several steps, one of which is often an audit of the manufacturing facilities.
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When should you request quotations from Chinese factories?
July 03, 2020
Many buyers are only concerned about the price, and that’s the first thing they ask.
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In China, do not look for the cheapest supplier
July 03, 2020
Many importers go on Chinese trade shows or browse online directories to find their suppliers. They find companies that display the product they look for, they ask for prices, and then they go for the lowest quotation. Most of the time, this is a big mistake.
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How to check the loading of a container by a factory?
July 03, 2020
How do you ensure that the factory ships the right kind of product in the right quantity to you, when you import by full containers? By sending someone on site when they are loading the goods in the container(s).
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How to check the production status in a factory
July 03, 2020
One of the purposes of QC inspections is to check the production status. You want to confirm product quality, but also make sure the manufacturer is not behind schedule.
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What should be in a purchase order (PO) to a Chinese supplier?
July 03, 2020
If you write the PO, you control what goes inside the PO. You can write all the information that is important to you, and refer to other documents that must be complied with by the supplier.
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ISO 9000 factory audits for your China suppliers
July 03, 2020
Factory audits in China and other Asian countries are often (loosely) based on a checklist inspired by the ISO 9000 series. That means the main part of these audits consists in looking for holes in the factory’s quality system.
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How are factories audited in China?
July 03, 2020
Approving the factory where production will take place is the last step in the process of selecting a supplier. Its objective is to confirm that the factory can deliver the right product in the right timeframe.
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Letter of Intent (LOI)
July 03, 2020
What Is a Letter of Intent (LOI)? A letter of intent (LOI) is a document declaring the preliminary commitment of one party to do business with another.
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What’s the best way to find a China sourcing agent?
July 03, 2020
While some entrepreneurs in the US, UK and Europe purchase complete goods from Chinese factories without as much as visiting the country, others outsource manufacturing of their products and components to Chinese factories with ease.
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Rethink Your Amazon Business after Covid-19
July 02, 2020
For Amazon sellers, the Covid-19 situation is changing every day.The most vulnerable sellers are arbitragers, who mainly buy from brick-and-mortar stores and sell on Amazon.
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Despite the Higher Labor Cost there is No Decline in China Sourcing
July 02, 2020
China’s labor costs are rising fast and report by the Steve Johnson in the FT, however, reveals that China’s average wage level has tripled between 2005 and 2017 and now stands higher than in Brazil, Argentina and Mexico.
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Get Access to the Best Quality Sourcing Resources Available in China
July 02, 2020
Lower costs of living make China’s low wages manageable for the common manufacturing worker, and their factories are thriving by producing goods for the entire world.
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Disclosing the Secret of How to Find Trustworthy Dropshipping Supplier
July 02, 2020
The business models such as dropshipping is becoming so popular among the new-age entrepreneurs. The primary concept of dropshipping is that you’re selling products you don’t actually own.
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3 Top Selling Consumer Items to Source from Chinese Wholesalers
July 02, 2020
With hundreds of thousands of suppliers and millions of products available to source from China, it is a puzzling question for most of the U.S. business owners to identify which product they should import and sell.
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Know the Risks of China Sourcing & How to Avoid Them
July 02, 2020
China offers a convenient one stop shop for all the manufacturing purposes. However, there is a learning curve attached for an importer to understand the process of sourcing products from China manufacturers.
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How Many Types of Sourcing Company You Can Find in China?
July 02, 2020
Appointing a sourcing company or a buying office in China is a must take step for your business which belongs to the China Market. The main focus on selecting a sourcing agent in China is the expertise of the agent regarding risk control, control management, quality control, loading process, warehousing, shipping, contact support etc.
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Bike or walk, don't drive, European citizens urged after COVID-19 lockdown
July 02, 2020
As countries across Europe begin easing their coronavirus lockdown a key question facing governments is how to get their populations moving again without chaos on road and rail. So governments across the continent have been coming up with innovative ways to encourage people to walk or cycle instead.
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TikTok Marketing-2: How to market on TikTok ?
July 02, 2020
You have two options for your TikTok marketing strategy: working with influencers or creating original content. Each of these strategies have their own merits and time commitments.
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TikTok Marketing-1: What Is TikTok ?
July 02, 2020
TikTok may still be a bit of an unknown for many—but TikTok marketing could be a crucial part of your 2020 social media marketing strategy.
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20 Essential Tips for Doing Business with India
July 02, 2020
Almost every enterprise in the West is looking at collaboration and business links with India – but it is not easy, it requires patience and a lot of understanding.
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Why Dealing With the Lowest Cost China Manufacturers is not a Bargain
July 02, 2020
Exporters from all over the world come to China for either sourcing products at a cheap price or with the hope of starting manufacturing of their products at a relatively low cost.
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Top 3 Chinese TV Brands for Sourcing
July 02, 2020
Chinese Television manufacturing sector has maintained solid overall growth despite the government’s war on industrial pollution, a slowing housing market and trade tensions with the United States.
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Why Sea Freight is the Best Mode of Importing Goods from China
July 01, 2020
Ocean freight is the most common mode of transport that importers and exporters use. In fact, a full 90% of everything is shipped by ocean freight and sea freight.
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How Agents Successfully Handle All aspects of Sourcing from China
July 01, 2020
Most of the foreign businesses willing to source products from China have to take assistance of the reliable sourcing agents. A good sourcing agent is someone who can help overseas clients save money.
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Why Factory Audit in China is the Single Most Important Thing
July 01, 2020
Factory audit will help to improve the quality of your Chinese supplier chain and also reduce the risk of your sourcing process from China.
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How to Identify the Legitimacy of a Chinese Wholesale Supplier
July 01, 2020
The number of U.S. companies that are involved in sourcing products from China has increased dramatically over the years. This makes it really important to check the proper verification of the Chinese supplier.
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Why Yiwu Is The Finest Place For Finding Wholesale Suppliers In China
July 01, 2020
Wholesalers can be found all over China. However, if you are looking for one geared towards export markets, there is only one place to go – Yiwu.
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Using Social Media Optimally to Promote Products from Chinese Suppliers
July 01, 2020
Small and medium businesses should employ some techniques to promote their products and overall business. After getting the products at wholesale price from suppliers from China, you should try to promote your products as much as you can through various tricks of the trade.
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Why Importing Solar Equipment from China is a Big Business
July 01, 2020
China has taken a giant step in becoming the global leader in solar power industry. The meteoric rise of China outsmarts the dominance of the U.S. companies that used to rule the solar equipment world.
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China’s Growing Frozen Food Industry & Business Possibilities
July 01, 2020
The global market for frozen food is dominated by China. In the past decade, the industry of frozen food production in China has developed rapidly. Shifting consumer eating habit is expected to drive the demand upwards and China is likely to fulfill the growing demand.
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Why Chinese Products are No Longer Considered Unfashionable & Inferior
July 01, 2020
Made in China” products are no longer considered unfashionable or inferior. Chinese items are generally cheap, useful and of standard quality.
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How you can Source Home Decor Items from China
July 01, 2020
China home décor wholesale items are famous all over the world. Whether it is wooden furniture or fiber-optic lights canvas wall art for home decoration, the list of items is absolutely limitless.
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The Promising Future of Sourcing Wine From China
July 01, 2020
China is one of the most attractive wine markets and a hopeful wine producer in the twenty-first century. According to the China Daily, Chinese wine consumption rose by 7 percent last year, and The Drinks Business estimates that, by 2020, China will have surpassed the UK to become the second-most-valuable wine market, behind the US.
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China Made LED Light Sourcing Options for the Foreign Buyers
July 01, 2020
According to market research firm Million Insights, the global LED lighting market is expected to value at $108 billion by 2025. The rapid depletion of natural resources and global warming have generated an indispensable need for energy conservation worldwide.
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China’s Growing Footwear Industry & Sourcing Possibilities
July 01, 2020
The footwear industry of China has long reigned supreme globally. Over 60 percent of the world’s footwear market is dominated by China.
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3 Ideal Places in China for Sourcing Textile Products
July 01, 2020
According to the website of china.lbl.gov website “China is the largest clothing producer in the world and has the largest production capacity for textile products consisting of cotton, man-made fibers and silk.”
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Top 3 Cities for Sourcing Chinese Wholesale Items
July 01, 2020
When it comes to manufacturing, China reigns supreme in terms of volume of manufacturing and trade and it the largest supplier in the world. The vast bulk of business in China is centered on the major cities and economic zones.
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Striking Deal With Wholesale Suppliers in China is the Best Business Approach
July 01, 2020
It doesn’t matter if you are a start up company or a multinational brand, China holds enormous business possibilities for everyone. You just need to select a trustworthy wholesale supplier in China to boost your business.
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Explore the Opportunities of Sourcing Auto Parts from China
June 30, 2020
For the past two decades, China has become a leader in auto parts manufacturing and helping global businesses meet their supply chain requirements. China is a big car parts wholesale market. It has numerous benefits for international wholesalers to buy car parts from China.
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How China is Seeking Less-Polluting Ways of Manufacturing Products
June 30, 2020
For years, China has maintained its status as one of the world’s top polluters. Chinese cities are among the world’s most polluted, partially due to the rapid industrialization that has occurred in China over the last five decades.
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Why E-Bikes Will be the Next on your China Sourcing Plan
June 30, 2020
The imports from China of 25km/h – 250W e-bikes into the European Union increased by close to 85 percent in the first half of 2018, according to Eurostat data.
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Why the Trend of Private Labelling is Bigger than Ever
June 30, 2020
Consumers have become very comfortable with private labels. Over the years, shops have become more sophisticated in how they present their own private-labelled product lines
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Tips on Finding Reliable China Suppliers on Alibaba
June 30, 2020
There are Business-2-Business platforms you can turn to when looking for suppliers. The most popular and largest among them is Alibaba. This platform has tens of thousands of suppliers. Alibaba can be excellent tool for Amazon vendors looking to bulk up their inventory via overseas manufacturers.
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How Sourcing Products from Chinese Sourcing Agents Improve your Profit Margin
June 30, 2020
China is the manufacturing hub of the world where you can get high-quality products cheaply. Your best bet for increasing business margin would be sourcing products from a Chinese product sourcing agent.
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Aligning Made in China 2025 Plan With China Sourcing
June 29, 2020
Made in China 2025 is an ambitious plan of the Chinese government to decrease China’s dependence on foreign technology and promote Chinese high-tech manufacturers in the global marketplace.
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Explaining the China Design Patent Application Process
June 29, 2020
Design patents play a crucial part in the China intellectual property (IP) strategies of enterprises. Foreign businesses with the manufacturing interest in China can enhance their intellectual property rights over an original design by applying for patent protection.
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Can Vietnam Become the Next China for Product Sourcing?
June 29, 2020
Many news outlets have touted Vietnam as the “next China”. In Vietnam, labor rates are roughly one-third of the market labor rate in China. As a result, Vietnam has become an appealing and ideal place for companies to source from when it comes to lowering the financial aspect of sourcing.
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Make a Profitable Move by Sourcing Pharma Products from China
June 29, 2020
China is the largest producer of pharmaceutical raw materials in the world. China is a big producer of chemical APIs, capable of producing about 1,600 varieties of APIs.
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China’s Furniture Exports & Sourcing Possibilities
June 29, 2020
China is the largest furniture exporter in the world, having surpassed Italy in 2004. Wood furniture manufacturing made up the largest proportion of the Chinese furniture manufacturing sector.
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Things to Learn from Apple’s Manufacturing Strategy in China
June 29, 2020
The way Apple Inc. has evolved from its humble beginnings in Steve Jobs’s garage to the world’s most valuable brand is truly a fairytale. A lion share of Apple’s success depends on the immaculate and near-perfect supplier strategy the company has adopted in China.
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How to Overcome Quality Issues with the China Products
June 29, 2020
Made in China 2025 is described as an “initiative to comprehensively upgrade Chinese industry.” As China makes increasingly more complex products, their ability to engage and get away with quality fade increases as well. The problem with most of the China suppliers is they seem to always be more caught up in profit than quality.
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How China Sourcing Agents Help you Find Right Contract Manufacturer
June 29, 2020
Outsourcing to China means you do not have direct control over manufacturing, which could lead to quality taking a hit because you aren’t there to ensure that every step of production is done exactly how you want it done. Foreign companies willing to find outsourcing partner should rely on the experience of to secure the ideal manufacturing partner.
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Exciting Items you can’t Miss Out Sourcing from China
June 29, 2020
A vast number of sourcing agents in China offer a wide range of goods. In this blog, we are going to discuss about few more products that foreign businesses can consider strongly for sourcing.
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How China Sourcing Opens the Possibility to Create A Wide Range Of Products & Innovations
June 29, 2020
China offers a supremely efficient workforce, lower production cost and state of the art infrastructure, making this country the best place for manufacturing all types of products. By following the correct approach, you can take home maximum benefit out of your China venture.
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Why Should You Arrange a Face to Face Meeting with Sourcing Agents in China?
June 29, 2020
If you are turning to China for all your procurement needs, sourcing agents in China could prove to be a valuable partner for you. However, to set up a face to face meeting with your sourcing agents in China is very important.
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The Reasons Why China Suppliers Refuse to Give Samples
June 18, 2020
Samples give you the idea about the possible end-product you are going to receive from the China supplier.But if you think, your supplier will give the sample of the product the moment you ask, then you are wrong.
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Latex VS Nitrile VS Vinyl Gloves…Which to Choose?
June 17, 2020
When deciding between latex, nitrile and vinyl gloves…it can be a little confusing trying to determine which type of glove is the ideal choice. Let’s take a closer look at the attributes and benefits of each type of glove.
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Sourcing Personal Protective Equipment (“PPE”) from China
June 17, 2020
The coronavirus (Covid-19) pandemic is driving global demand for Personal Protective Equipment (“PPE”). China is one of the world’s largest producers of PPE. How to source qualified PPE from China ?
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Tough negotiations of payment terms with Chinese suppliers
June 08, 2020
However, after you have had a few shipments from a supplier, have invested in a good relationship & especially if you have gradually increased volumes over time, there is often a window to re-negotiate payment terms & get more preferable terms. Many importers fail to capitalise on this opportunity and continue working on the same terms for years.
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