Chinese manufacturing has dominated over the rest of the world for decades. Therefore, China is known as the world’s factory. The largest wholesale market is located in China. It is in Yiwu, a county-level city near Hangzhou. Yiwu’s wholesale markets are packed with products. Below are the wholesale markets in Yiwu, what they offer, and how to get to Yiwu.
More and more Western companies decide to start exporting their products to China. Many of them produce and export foods such as dairy products, sweets, or alcohol. When doing so, it is essential to know that the exported food needs to have the right certificates. Besides making sure the product fulfills all formal requirements, it is crucial to adjust it to Chinese consumers. In this article, you will find useful marketing methods that will help you sell products, especially foods, on the Chinese market.
It is never too early to start preparing for the Chinese New Year. Although it is celebrated mostly in Asian countries, importers feel its impact on global trade each year. Chinese New Year, also known as the Spring Festival, is the only opportunity for many Chinese workers to return home and reunite with their families. Mass migrations cause many hindrances, such as the temporary shutdown of factories, transport delays, etc. See what you need to prepare so that the Chinese New Year does not surprise you when you import from China.
2020 was full of surprises, and many people’s plans were completely ruined. The global epidemic threat made organizers cancel, reschedule, or hold their events online. For importers and exporters, one of the most important platforms are trade fairs. Is it possible for trade fairs in China in 2021 to be held as they were before the pandemic?
Alibaba is a directory of suppliers, an online platform created to search factories and trading companies in China and other countries around the world. The site has also become one of the largest Chinese financial companies through the Alipay payment system. Due to the huge number of customers, Alibaba offers a wide range of payment methods, from credit cards to PayPal and letter of credit. If the seller does not ship the products within the agreed time or fails to meet all quality requirements, Alibaba Trade Assurance allows the buyer to apply for a refund.
When running a business, the safety of your workers and clients should always be a priority. Some fields are riskier than others, and equivalent safety measures have been set to ensure the sold products are not dangerous to use. In Canada and the US, the best way to check whether or not a product is safe is to look for a UL certification mark. It indicates that the item will not in any way be harmful to the consumer and that it fulfills all necessary safety requirements. What is UL, how does it classify products, and how to obtain it for your business?
One of Vietnam’s characteristics are its centuries-old traditions, which find inspiration in both Chinese and Indian civilizations. Many different festivals are celebrated in Vietnam, some on a national scale, and others more local. Some of the holidays have moving dates, but many are following the Gregorian calendar. These days should be kept in mind when working with Vietnamese business partners, as they might make communicating more difficult. Here are some of the upcoming holidays in Vietnam in 2021.
The number of European customers on Chinese AliExpress is growing continuously. That’s why we would like to introduce you to how to do your shopping on AliExpress safely and where to put your attention not to be deceived. Unlike the Alibaba.com website, which is directed mainly to importers, trading companies, and wholesalers, on AliExpress, there are no stereotypical Chinese frauds like changing a bank account number or a non-existent company in China. However, this does not mean that buying through AliExpress is completely safe.
When importing products, you can encounter various abbreviations such as CI, B/L, HS, or CN. The first two refer to documents and the latter to customs codes. An HS code can be found in the Harmonized System, and a CN code is based on it. What is the CN code, and how is it different from the HS code?
In the last couple of years, owners of both small and big businesses have been increasingly interested in importing products from China. Good value for money with those products encourages more and more people to earn a living this way, and success stories undoubtedly only motivate them to do so. Before anything, though, you should consider what is worth importing from China to make your business most profitable.
