China is often called the World’s Factory. The reason is that China is the manufacturer producer in the world. In recent years, its value soared to an annual sum of 4 trillion USD, of which 2.5 trillion USD were exported. Due to their competitive prices and wide range of products, foreign companies often choose to source from Chinese factories. Let’s dive deep into the topic of factories in China.Continue reading
Thanks to the commonness of online B2B services, trading with China is getting easier. However, it results in entrepreneurs thinking that it is enough to order goods via the internet without going through any additional formalities. Unfortunately, when importing from China, we can come across many pitfalls. Therefore, one should always remember about protection measures such as partner verification or a commercial contract. In case of any problems with a contractor or goods, the contract with a Chinese supplier will allow us to assert our rights.Continue reading
For those who already import from China or for anyone who is thinking about starting to import from China, we’ve prepared a list of useful websites, free resources, and tips to use when it comes to trading with Chinese suppliers. Some of our resources are well know, but we included them in our guide due to the fact that many entrepreneur or companies have never done business in China, and everything is new to them.
Importing from China is a whole process. Even buying online is not the same as buying on eBay or Amazon. No matter whether you plan to buy a whole 20′ container or just 2 pieces of a product from China, you will encounter the same problems finding a reliable supplier from China, verifying your potential partner, transporting your products from China, and dealing with duty rates and customs procedures.
So we recommend the following tools and websites to improve your importation from China.
Guest post by Maciej Brzozowski representative of Port of Hamburg
One of the megatrends in economy of the last few years is outsourcing and concentrating on a key competences by the companies, while leaving less relevant matters to the proven business partners. It concerns not only the producers considering the “make or buy” problem, but also trading and service companies. Even the army uses outside companies for facility security service. In case of import from China, the thing we easily hand over China is organization of shipment to the country, because who would be better at it, if not the company operating in a region that’s called the world’s factory.