|
Importing goods from China is as complicated as carrying out business with suppliers from any other powerful economy. China being a fast growing economy which is catching up with America, has stringent rules in place for import and export activities. In order to deal with goods and services, the government of PRC has laid out certain stringent guidelines pertaining to import and export from China. Some of these standards and regulations include the China Compulsory Certification (CCC) System, China RoHS and Packaging Standards. So every business house wanting to carry out transactions with Chinese suppliers must be thoroughly aware about Chinese customs, import duties and regulations. After the company becomes well versed in these rules and regulations, a set of basic fundamentals must be brushed through. Some basic tips to be considered by companies while importing from Chinese manufacturers: The wholesale cost paid by the consumer to a Chinese vendor includes all the variables needed for product transportation, shipping charges, customs duty, import duty, consolidation, freight, insurance and delivery at the client’s doorstep. One must place an order well ahead of time. Keeping a buffer of 2 to 3 months accounts for well preparedness in case of unavoidable delays. After all, the case involves an overseas delivery. Sometimes, goods get stuck at customs due to problems that push the delivery dates even farther. In such cases cost of air freight must be borne by the consumer for a faster and lesser confusing delivery. Lastly, a consumer should be well aware of all legal aspects surrounding an import from China. Chinese government has several rules and regulations that a foreign client has to abide by. Filling forms, passing through rules and regulations regarding the import are inevitable. The goods if exported from China, must meet the safety laws of the consumer’s nation and in case imported into China, must meet the Chinese security laws. Consulting a customs broker is advisable for first time importers and exporters. They not only help the company estimate a landing cost but also make sure that the entire process is smooth by guiding the company appropriately. There are professional lawyers who know all about the legal rules and regulations who make sure that the company pays all duties properly and in case the goods get tied up in customs, the broker comes to a company’s rescue by accelerating the route of getting them through. After brushing up all the fundamentals, a company must decide over what product it wants to import from China. Chinese manufacturers produce a wide range of products ranging from electronic items, computers, batteries, house ware, sanitary ware, toys, textiles to furniture and other essential day to day items. Goods that can be shipped in bulk actually cost lesser a piece compared to the others. So a product’s size and weight must be given a thought to estimate a count that can fit into a single shipment. Following this, a list of reliable Chinese suppliers must be collected. Online directories are available that help consumers in selecting a good supplier. One can narrow down on a few suppliers and contact them personally to strike the best deal. An order can be duly initiated after negotiating properly with the supplier. Hence, knowledge of these basic fundamentals can aid any company while importing goods from Chinese manufacturers. About Author:- David Gorol is a senior employee of the Guangzhou HK Trade Group which is covering vast areas in China. The Company offers international business groups with sourcing services to carry out a business in the Chinese territory such as a translator in Guangzhou, sourcing services in china etc. For more information please visit the site-http://www.csinprc.com/
Related Articles -
import of goods from China, export of goods from china,
|
