China is the absolute leader in the production of photovoltaic panels. According to the International Energy Agency (IEA), in 2017, the Chinese market accounted for half of the global demand for solar energy. Approximately 60% of the world’s production of the PV panels took place in China. The article below will present the largest solar panels manufacturers and production areas of PV panels in China.
Among all goods imported from China, a large part is taken up by the import of seasonal products, manufactured on the occasion of holidays or various types of events. Despite the great interest, many people do not acknowledge the large number of risks resulting from importing such items. Before starting the import, it is worth familiarizing yourself with the possible dangers and knowing how to protect your business.
China places importance on the quality of its products. For a long time, the “made in China” quality had been associated with mediocrity, but it has already changed. Importers have become used to buying exclusive quality products from China at low prices. However, it still may occur that a contractor sends goods of poor quality or inconsistent with the description. Is it a form of Chinese fraud? How not to be deceived when importing from China and how to ensure that the quality of the products will meet your expectations?
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.
A user manual can be quite a troublesome matter for many importers. The root of the problem is mostly the lack of knowledge about products that require such instructions. Not attaching a user manual may result in the goods being held in customs and exposing you to otherwise avoidable costs. When should an importer attach the user manual? In which language should it be issued, and what is the legal base? Check the most important issues related to the user manual and importer’s obligations.
Alibaba is a well-known shopping platform, operating on B2B principles (transaction between two or more businesses). It is different from transactions between enterprises and individual clients, referred to as B2C. Alibaba.com belongs to the Alibaba Group, which was founded in 1999 in Hangzhou by Jack Ma. The group is currently one of the largest companies globally, and the platform itself is a top-rated sourcing site. The article below will explain how to buy on Alibaba and what is worth paying attention to.
China has returned to work after coronavirus. Factories operate as usual and fulfill importers’ orders. However, not all companies managed to survive the hard period of downtime caused by the epidemic. In this regard, we want you to pay attention to the increased bankruptcies of Chinese factories. Half a million companies have already been closed. Be careful when cooperating with Chinese factories and remember to verify them.
International Trade Rules, widely known as Incoterms, are updated every ten years. Incoterms define the conditions for the worldwide exchange of goods, namely the allocation of costs and obligations between the buyer and the seller. The latest Incoterms 2020 came into force on January 1, 2020. Of the eleven existing rules, especially two, are widely used in import – FOB and CIF. Check what the differences between Incoterms 2020 FOB and CIF are.
Disposable gloves come in handy in many situations. Single-use gloves are used for hand and arm protection, mainly in household cleaning, medical, forensic, automotive, scientific, food service, and industrial applications. Amidst the coronavirus pandemic, we see a great interest in importing single-use gloves from China. Therefore, we have prepared a guide for importers.
Amid the spread of the coronavirus, some stores are running out of hand sanitizers. For this reason, we see a great interest in importing hand sanitizers from China. For entrepreneurs planning to import this type of product, we have collected and prepared useful information.
