How To Import From China

How To Import From China

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Copyright ©
2013 by Richard Tong


Xlibris

International Corporation,
Bloomington, Indiana, USA


ISBN:
Ebook 978-1-4836-1913-9


All
rights reserved. No part of this book
may be reproduced or transmitted in
any form or by any means, electronic
or mechanical, including photocopying,
recording or by any information
storage and retrieval system, without
permission in writing from the
copyright owner.


Rev. date:
04/09/2013      









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With China’s economy
growing so fast, there are several changes in its
infrastructures which have


positive impact in
its import and export business. Many economists
and experts affirm that China


has emerged as
a true global power today. If we come to look at
it, this country still has a growing


market which is
developing very rapidly.


That’s why many
entrepreneurs today invest and take the
opportunity on “how to import product


from China”.
Such

venture assures high profitability since there is
a high demand for China


products nowadays.

P.S. Please don’t

hesitate.  Whether you would
like to make a few hundred dollars
extra each


month, or are looking for a
full-time business to take you
away from the stress, you owe
it to


yourself to take a good look at
this business
model.  Do it now!

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Testimonial

(1)

To Whom It
May Concern

This
letter is to state that Richard Tong
has been a supplier of Asset Plant
& Machinery since 2008 and will
continue to supply for us in the
future.

He has
delivered a quality product at a
competitive price with little if any
issues pertaining to the deliveries.

We would
be happy to recommend his services
to other companies.

Simon
Bowyer



General Manager

Asset
Plant &
Machinery                   



              



Helpful
Hints

Before You


Import

1. Is there a local market for
the goods you want to import?



2. Are you legally able to
import these items into your own
country?



3. The costs of importing


4. Is importing actually cost
effective?



5. Can you afford to import?


6. The risks of importing


7. Dealing with exchange rate
fluctuations



8. Choosing a reliable overseas
supplier



9. Dealing with overseas
suppliers



10. Trading terms and customs
requirements

To flourish
one’s business is everyone dream. We are
here with an amazing book, ‘’How to
Import to China’’
that will meet
your needs and will answer all of your
questions. If you are looking for the ways
to get started with your business this
master piece is a must have.

China is
becoming a super power in term of
production. To import from China is
considered as a successful tactic for the
business men from all over the world. But
at the same time, this task is not easy
for the newbies. Though doing business
with China seems to be a complicated
process but surely it is rewarding. One
needs to be sensitive of cultural
differences as well as really aware of
target audience.

Testimonial (2)

To Whom It May
Concern

This is to certify
that our company has dealt with


Mr. Richard Tong very satisfactorily since
2006 importing Tools from China.

Mr. Tong has
proved to be most reliable and has
represented us to factoies to supply us good
quality tools and we belive that he has
negotiated the most favorable price
available on our behalf. He is courteous and
helpful.

One of his skills
is seeking new products for our range.

I wish Richard and
his business well in the future and am very
pleased to recommend him.

Sincerely

Howard Perkins

Director

                                                           

CONTENTS


 Part

One – Preface

About the Author
……………………………………………………………………………………………..11

How to Use this Book
……………………………………………………………………………………….14

Part Two – In Depth Study of
Importing Procedure

Import from China
Feasibility Check
…………………………………………………………………19

Product Sourcing from
China
…………………………………………………………………………….29

Building Relationship
with Chinese Suppliers
……………………………………………………..40

Sampling Process
……………………………………………………………………………………………..60

Helpful Hints Before You
Import
……………………………………………………………………….65

Begin the Ordering
Process
……………………………………………………………………………….83

Mass Production &
Quality Control
……………………………………………………………………94

Container Shipping
Arrangement
……………………………………………………………………..107

Customs Clearance
Documentation
………………………………………………………………….116

Categorization of Goods
& GST
………………………………………………………………………129

Contract Dispute
Settlement
…………………………………………………………………………….147

Find Resellers for Your
Product
……………………………………………………………………….152

Part Three – Case Study &
Practical Strategies

International Trade Case
Study
…………………………………………………………………………157

Electronic Data
Interchange – EDI in International Trade
……………………………………168

Import Toy Products from
Top Toy Wholesale Markets in China
…………………………183

Import from China Relevant
Articles

1. China Business Scams
And How To Avoid Them 
………………………………………….188

2. Who Should Own Your
China IP? Maybe Not You
………………………………………193

3. Doing Business In
China Safely.

3.The Due Diligence
Basics
………………………………………………………………………….196

4. China’s Detention Of
Foreigner For Alleged Customs Violation Should Be A Strong
Warning
………………………………………………………………………………………………………204

Part Four – Appendix &
References

About China
…………………………………………………………………………………………………217

Public Holidays in China
……………………………………………………………………………….226

Chinese Zodiac
………………………………………………………………………………………………232

Chinese & English
Language Translation
…………………………………………………………237

Sea Freight
Container Dimensions
…………………………………………………………………..
244



International Trade Glossary of Terms
………………………………………………………………250








Electronic
Data Interchange (EDI) is the
computer-to-computer exchange
of
business documents in a standard
electronic

format between business

partners.


Computer-to-computer– EDI replaces postal mail, fax and
email. While email is also an electronic approach,
the documents exchanged via email must still be
handled by people rather than computers. Having
people involved slows down the processing of the
documents and also introduces errors.



Instead, EDI documents can flow
straight through to the appropriate application on
the receiver’s computer (e.g. the Order Management
System) and processing can begin immediately.








We specialize in giving you
the most reliable information regarding import
restrictions, customs regulations, custom clearance and
import licenses and much more information regarding “how
to import to China”. If you have all knowledge, you can
earn far better as compared to other businesses.

It advocates certain
philosophies that would be definitely helpful for the
countries who wish to have a balanced, fare and reciprocal
bilateral economic relationship. It offers the trading
parties, number of opportunities for mutual benefit.

We provide you the broad
knowledge to import to China so that you may gain a
successful recognition globally. It is worth investing in
buying this book as it will help you make potential
profits. After reading this book you will be able to
generate high profit margins and get to know about the
methods that will make it easy for you to import to your
desired country. Moreover, you would surely be able to
develop real and tangible products, and selling those
would be an exciting experience.



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