It is basic knowledge that China has been the most populous country in the world for centuries. But China has much more when it comes to being at the top of the world in many categories. In this article, we present record-breaking, fun facts about China. You will not only expand your knowledge of China and its position in the world but also can use the facts to impress others.
The CE marking can be quite an enigma, especially to novice importers, as they are not familiar with all the standards. Many of them wonder what the correct CE format is. It turns out that the affixation method of the marking and its form are determined by law.
No matter if we consider private or strictly business matters – contacts with the Chinese people require the knowledge of and familiarity with Chinese customs. The intricacies of Chinese etiquette and different social relations models can pose a challenge, but even at the stage of scheduling, discrepancies may arise. When people around the world sit down at their Christmas dinners, life in China moves at a regular rate. Nonetheless, the Chinese calendar offers many opportunities to celebrate. Below is a list of China holidays in 2021, with particular reference to public holidays.
Commercial invoice undoubtedly plays a crucial role in import as well as the export of goods. It constitutes the basis of posting transactions, calculating tariffs, or in accounting. Moreover, the Chinese invoice is one of the documents that are indispensable at customs while importing. In the process of trading with China, in most cases a pro forma invoice is not accepted.
When it comes to importing from China, you should carefully choose the most suitable Incoterms 2020. In terms of imports from China, the most popular Incoterms are the FOB and CIF rules. Import on CIF seems to be a very convenient solution since most of the obligations are placed on the seller. As the importer, you do not have to worry about concluding the contract of carriage from China and must only wait for the goods to arrive at the port of destination. However, importers that choose the CIF terms are usually unaware of the additional costs that await once the goods reach the port of destination. It is hard to oversee the costs of unloading goods. After that, import on CIF basis does not seem so favorable anymore.
Chinese New Year, also known as the Spring Festival (Chunjie 春节), is the most important holiday in China. It is a time of family gatherings, and many Chinese people travel across the country. Chunjie is also celebrated in other Asian nations, such as South Korea or Malaysia, and among overseas Chinese. A period of increased traffic in China caused by the Spring Festival is called Chunyun (春运). It is the most massive annual migration in the world. Chinese New Year has a significant impact both on business and tourism. Hence, it needs to be always taken into account, especially if we import from China. Chinese New Year 2021 will last from 11 to 17 February.
The CE marking is mandatory for many product groups. It is a manufacturer’s or his authorized representative’s declaration that the product meets the requirements stated in the New Approach directives. Machinery, toys, medical devices as well as all devices that generate electromagnetic interference are subject to the legislation on CE marking in the EEA. However, there is plenty of products that do not need CE marking. Below we list goods without CE marking.
Beijing, the capital of China, is a city often visited by tourists. This is the second (after Shanghai) city in terms of population in China, and, in addition, one of the four separated cities, bordering with the Hebei province and the separate city Tianjin. Beijing is the largest cultural, educational, and political center of the country, which often becomes the reason for visiting the city by numerous tourists fascinated with China. The city is worth seeing and even staying for a little longer. How does life in Beijing look like? What is the cost of living in Beijing? Read further to find out.
The Member States of the European Union decided to lift trade barriers to stimulate mutual trade and to establish a common policy with non-EU countries. Thus, the single European market was created. One of the main obstacles was national requirements regarding for example product quality and safety. In order to allow the free circulation of goods, it was necessary to harmonize national systems in such a way that in every State Member, the requirements would be the same. So, the New Approach directives came into life. The directives state the basic safety principles for products to be placed on the single European market. The CE marking is the manufacturer’s declaration that the product complies with the directives. Below we list which products need CE marking.
The dynamic development and openness to cross-border sales have made Chinese e-commerce dominate. Europeans are buying on a large scale from Chinese e-commerce platforms, and the Chinese are increasingly willing to open up to cross-border shopping. Selling on Tmall, the largest e-commerce platform in China, can be a hit for those interested in exporting to China. By 2018, more than 14,500 international brands from 63 countries were selling their products on Tmall Global. 80% of them were introduced to the Chinese market for the first time.
