A new BMW plant in China has been opened. The Lydia factory (Lida) is a project of BMW Brilliance Automotive Ltd., a joint venture between BMW and the Chinese car manufacturer Brilliance China Automotive Holdings Ltd. BMW plant in China … Read more
Jiangsu is one of the many provinces of China. Generally, certain areas of the PRC provinces have designated specific industries. The eastern part of China is more developed industrially than other parts, so there are many manufacturing clusters. If you … Read more
China’s machinery industry has maintained a growth rate of more than 30 percent over the past decade. Under the Made in China 2025 project, China is shifting from focusing on low-end manufacturing to high-end goods production. Relatively low tariff on … Read more
A heat pump is a device that allows heat (thermal energy) to move from one area to another. The popularity of heat pumps on the market is increasing as these devices are more environmentally friendly compared to similar devices. China … Read more
Shanghai is one of the four municipalities of the People’s Republic of China. Shanghai’s economy is comparable to the Polish GDP. As one of China’s gateways to the world, this metropolis has a well-developed production base. Read further to find … Read more
China is commonly referred to as the world’s factory. The country has become the European Union’s leading business partner, and the import from China to the EU is valued at approximately 406.6 billion euros. Thus, no wonder that many traders … Read more
Hong Kong is a Special Administrative Region (SAR) located in China. This region is a rapidly developing commercial and financial center. When importing goods from Hong Kong, one must keep in mind that the city has its own legal and … Read more
Many Chinese manufacturers are dealing with the production of various tools. Regardless of what kind of utensils you want to import, whether they are garden, construction, or agricultural tools, you will indeed find a suitable supplier in China. Thus, importing … Read more
In the European Union, import means acquiring goods and services outside of the EU and placing them on its market or using in this region. Importing process is complex, so the correct estimate of costs can be challenging. Below we … Read more
CPSC is a federal organization that protects consumers from harmful products in the USA. Consumer Product Safety Improvement Act (CPSIA) is a landmark consumer product safety law amended by this organization in 2008. What does the CPSIA regulate? Consumer Product … Read more
Since Shanghai was put under hard lockdown, many factories halted production. As the situation normalizes, Shanghai factories reopen to ensure economic growth and reach the planned annual growth rate for this year. China’s Ministry of Industry and Information Technology has … Read more
China is divided into over twenty provinces, five autonomous regions, four municipalities, and two special administrative regions. Manufacturing industries vary from province to province, and Guangdong is one of the most industrially developed provinces. What type of factories are in … Read more
For years, import from China has been enjoying the interest of entrepreneurs who strive to increase their companies’ competitiveness. It’s a beneficial endeavor, but simultaneously it’s easy to make mistakes (especially for inexperienced importers). These can result in severe consequences … Read more
During the holidays, Chinese people are primarily focused on celebrations and spending leisure time with family. Holidays we know in the West are not so popular in China and are treated the same as any other day. It’s the case, … Read more
It is highly unlikely to find the perfect supplier on Alibaba on the first try. Thousands of sellers offer similar products, so you never know if the one you choose is the best possible partner. Fortunately, there are some proven … Read more
Bangladesh is marked by high economic growth – GDP dynamics haven’t fallen below 5% annually for over a decade. Bangladesh is an importing power in the textile industry, primarily ready-made garments. It is from this country that most clothing in … Read more
Once you have state-of-the-art production technology and top-quality raw materials, you can manufacture the best quality products. Import of production line from China and its installation can help your business flourish. What is important when importing production line or machinery … Read more
Hong Kong is a Special Administrative Region of the People’s Republic of China. Since it has the SAR status, its legal system, including company law, differs from mainland China. Establishing a company in Hong Kong is extremely easy, which may … Read more
One of the characteristics of manufacturing in China is regional specialization (block economies that vary across provinces). One of the key Chinese provinces is Zhejiang on the east coast of China, which has various manufacturing industrial clusters. Below we present … Read more
Even though people in China generally do not celebrate Western holidays such as Christmas or Easter, more than 60% of Christmas decorations in the world are produced there. If you want to learn about manufacturing areas, customs rates, and holiday … Read more
South Korea is one of the largest exporters of goods globally, and it ranks fifth in this respect. When preparing for importing from Korea, it’s worth checking out what suppliers from the tradeKorea portal have in their offers. It’s an … Read more
Taiwan, despite its relatively small area and population, is among the world’s top twenty exporters (ranked 15th in 2020). Exports from Taiwan are crucial since they account for around 70% of its GDP. Importing from Taiwan can prove very profitable; … Read more
Chinese New Year, also known as Spring Festival, is the most important holiday in China. It is an extremely joyful period and an opportunity to give loved ones gifts, sometimes related to the Spring Festival. Therefore, many global brands release … Read more
China is the largest manufacturer of steel in the world. The country is responsible for about half of its entire global production, breaking its own records in this industry. In February 2021, Chinese steel production raised 4.1% compared to the … Read more
Negotiating is an integral part of the cooperation between parties in international trade. It allows tailoring the terms of transactions to individual needs. However, Western and Chinese negotiating styles differ substantially. Analyzing such differences and thorough preparation before the meeting … Read more
When you have already chosen a product you want to import and found its manufacturer, you must pay for the order. Chinese suppliers often ask importers for payment of the amount due to the bank account not in Mainland China … Read more
Importing beauty products from China has gained popularity in recent years. We can notice more and more Asian cosmetics appearing on the western markets. This article will discuss requirements for beauty products on the European market, duty rates for such … Read more
The last edition of the probably most popular tradeshows in the world, Canton Fair, was the 130th one. In 2020 the tradeshow was held online, but since the situation got better, in 2021, it was held both online and offline. … Read more
India is one of the fastest developing countries globally, while its economy is one of the most industrialized. Even though India imports more products than exports, importing from India to Europe remains popular. The most crucial for India are the … Read more
China is one of the largest producers and exporters of hardware, tools, and doors. The main doors and hardware production area in China is Yongkang, considered the “City of Metal” in China. There are also many trade fairs, so when … Read more
In 2020 and 2021, we experienced jaw-dropping freight rates. Many importers decided not to place orders since the shipping costs were too high. At the end of 2021, the situation stabilized, and we can see that freight rates drop. So, … Read more