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 […]
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...
China to Levy 10% Tariff on Imported Furniture
The six years of “zero tariffs” era for imported furniture is coming to an end. The 2012 Regulation No. 15, recently released by the China General Administration of Customs clearly defined that an import duty of 10% will be charged on solid wood furniture, leather furniture, rattan & bamboo furniture and other furniture since April […]
China to Adjust the Import Tariff on Liquid-Crystal Display Panel Since April 1st
According to the Ministry of Finance, the eighth plenary session of the Customs Tariff Commission of the State Council examined and approved the decision that China is to adjust the provisional tax rates of import tariff on 4 tax items since April 1st, 2012, and report to the State Council for approval. It is understood […]
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 […]
International Exhibition in China Continue to Grow: Behind the Scene
This year’s China International Industry Exhibition in Shanghai shows that, Hannover Fairs China Ltd, the international exhibition industry giant emerged again on the platform with the industrial exhibition as a professional exhibition holder. As with previous years, three major exhibitions this year has grown in size, to no one’s surprise. As Europe’s most prestigious exhibition […]
The Scale of Chinese Government Procurement Will Exceed One Trillion Yuan
Experts Interviewed believed that the scale of government procurement in China this year will exceed 1 trillion Yuan. With the scale of government procurement increasing annually, China should pay more attention to the role played by government procurement in supporting energy conservation, and promoting the development of small and medium-sized enterprises as a policy stimulus, […]
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 […]
China’s Pharmaceutical Exports Substantially Reduced as EU Raised the Threshold for Drug Importation
On February 8, 2012, Tan Shengcai, the Director of the West Drug Division of the CHINA CHAMBER OF COMMERCE OF MEDICINES & HEALTH PRODUCTS IMPORTERS & EXPORTERS, said that the EU’s new directive is still in the comment period, and the directive will greatly affect the Pharmaceutical trade between China and Europe. On June 28, […]
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 […]