On May the 13th, during the China-Japan-ROK Leaders Meeting, the Chinese Premier Wen Jiabao , South Korean President Lee Myung-bak and Japanese Prime Minister Yoshihiko Noda mutually agreed that this year, China, Japan and South Korea would initiate FTA talks . Based on its existing industrial foundation, Shandong, a major Chemistry industry province and a […]
Q&A Concerning China Compulsory Certification(CCC)
1.Q: When did the China Compulsory Certification(CCC) start to be implemented? A: China Compulsory Certification has come into effect on...
A ultimate guide to Canton Fair, Guangzhou, China
Canton Trade Fair Introduction Founded in the spring of 1957, the China Import and Export Fair (Namely Canton Fair, formerly known as...
Introduction and Comparison of Major Chinese Express Companies
There are mainly three types of express companies in China, one of which is the private express company which serves as the main body of...
Bright Prospects for Chinese Sea Food Products Import and Export
This year, China’s import and export of aquatic products have achieved encouraging results , from January to October this year , China ‘s import and export volume of aquatic products amounted to 6.6908 million tons, with a total revenue of $ 20.629 billion, an year on year increase of 17.53% and 29.02% respectively, among which […]
China’s Export of Rare Earth to Japan Increased by 167% In the First 9 Month This Year
On the 16th, April, Ministry of Commerce spokesman Yao Jian said in answering a reporter’s question that during the first nine months this year, Chinese total exports of rare earth amounts to 32,200 tons, among which 16,000 tons were exported to Japan, an year on year increase of 167% , accounting for 49.8% of the […]
China Furniture Products Quality Control Part 1: Common Knowledge and Standard
1) Frame material: MDF / particleboard / plywood / solid wood. Now Japan’s requirements on furniture FORMALIN content are very strict, therefore, the materials shall all go through the E1 standard before export. And usually the standard falls into three categories, namely, E0/E1/E2. 2) Leather: leather / PU leather / PVC Leather: with fuzz on […]
Case study: Letter of Credit Risk Management
? Case 1 Before the outbreak of the Second Gulf War, a Naijing Company sold 2000 tons ethotic plastics (worth 2.18 million USD) to a Singapore company. After the contract was sealed, the seller received the letter of credit from the buyer and then made the delivery according to the article of the contract. What […]
Experts Predict There Will Be a 3% Appreciation of the RMB in 2012
Over the recent period since the beginning of 2012, the exchange rate of the RMB against the U.S. dollar rises continuously, topped the 6.3 mark yesterday and increased 179 basis points over three trading days. In his remark addressing this issue, Zhang yimin, PhD in Finance from the China Europe International Business School, said that […]
Popular payment methods that Chinese suppliers accepted
For chinese exporters, the safe, timely, and full payment is the top priority. As it has been mentioned before, foreign trade is a document transaction. As long as all the documents have been handed to the customer, the exporter would regard the goods as being handed to the customer as well. Then, how to get […]
Clothing Quality Inspection Standard (AQL)
1. General Overview of AQL Inspection AQL, the abbreviation of the acceptable quality level, is a parameter rather than an inspection standard. The Inspection of goods shall be in accordance with the bulk range, the inspection level, and the AQL to determine the number of samplings and the ratio of qualified and inferior goods. The […]