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China and the United States have different economic and politic agendas which impact business relationships between the countries. However, over the years, the United States and China have continued to grow in importance to each other - despite trade tensions.

China has already become the world factory to produce low / medium class products for western world. There are increasing trading activities and volume between east and west. The buyers and suppliers need a channel to search target products and business partners. Moreover they require to communicate and trade online directly and conveniently. e-Marketplace appears to be a crucial and effective platform for those trading activities.

Doing business with China can seem daunting for those new to the market, but a strategic approach is essential to making the process manageable and hopefully enjoyable. China is, for many of us, 'alien and difficult' - the language, culture and vastness of the country, together with the culture shock that many Western business visitors face being deadline-driven and unwilling to slow down to the Chinese pace when discussing business. Preparation is key to success: so read up on the country, seek advice from those who have been there before, conduct market research and ask questions from those in the know. In China, as anywhere else, it is good business practice and common sense to know whom you are meeting and to take an active interest in cultural and social factors that influence thinking and business decisions.

There are two main reasons to hire a sourcing agent to help you source and handle your materials from china; price transparency and control.

Globalize from ChinaFinally, winning companies will leverage their local success by globalizing their China operations. They will rethink China’s role in worldwide strategy, organization, and operations and integrate that role globally wherever possible. As competition in China’s markets intensifies, managers at domestic companies are rapidly learning how to adopt best practices from around the world. Chinese companies recognize that they must step onto the global stage before the multinationals lock them out. The best of both domestic and foreign companies in China are working to apply global standards.

Zhou Xiaochuan, governor of the People's Bank of China (PBOC), said on Saturday that China will adjust its financial policies to encourage domestic companies and financial institutions' outbound investment and increase foreign-exchange outflows.

It is very likely that Chinese government will not ratify new float glass production projects in the central and eastern parts of China, the Shanghai Securities News reported on Tuesday. In accordance with the Criteria for Access to Float Glass Industry which took effect on Monday, glass manufacturers are required to focus on the renovation of glass production lines. Meanwhile, the rule sets strict entry criteria for glass manufacturers, such as the layout of enterprises, techniques and facilities, product variety and quality, energy consumption and environmental protection. The glass production facilities with a total capacity of 12 million weight boxes will be shut down by the local authorities by the end of this year, in order to upgrade the float glass industry, save energy, and reduce pollution. A total of 30 million weight boxes will be removed from production by 2010. According to a report released by Industrial Securities, from January to April this year, float glass production increased by 15.6% over the same period last year.

With the implementation of licenses on export companies and the restriction of steel projects in the processing sector, the Chinese government will continue to curb excessive growth of steel exports, in a bid to reduce energy consumption and reduce pollution, said a senior official with the country's top economicrecently. planner

China plans to unveil new provisions by the end of this year that allow a small number of foreign investment banks to form joint ventures with domestic securities companies, according to senior government officials and banking executives.

A recent survey jointly conducted by several news media showed that the most popular brands of cosmetics for Chengdu women are L'Oréal, Olay, Maybelline, Lancôme, Avon, Dior, Chanel, Shiseido, Aupres and Estée Lauder - in descending order.

China has now become the world's third largest solar battery producing country, and the YRD has a high concentration of solar battery manufacturing enterprises.

China's stock market continues the downward trend as investors tend to unload shares to hedge against risks.Shanghai Composite Index opened at 5407.83 points. Shortly, it went up to the full-day high of 5463.90 points. It then touched down to the lowest of 5320.02 points and closed at 5338.52 points, down 87.36 points, or 1.67% over the previous trading day. The total turnover was RMB 105.529 billion.

Schedule:Booth Set up: March 3-5, 2008Exhibition Time: March 6-9, 2008, 9:00am - 5:00pmDismantle: 4:00pm on March 9, 2008Venue: Xiamen International Conference & Exhibition Center, Xiamen, ChinaActivities:Opening Ceremony of the 8th China Xiamen International Stone Fair    Forum of China Stone Industry 2008        Organizations:Supporters:         China Council for the Promotion of International Trade         Xiamen Municipal GovernmentOrganizers:         China Chamber of Commerce of Metals Minerals & Chemicals Importers &         Exporters         Xiamen Municipal Trade Development Bureau        China Council for the Promotion of International Trade, Xiamen Sub-councilHost: Xiamen Jinhongxin Exhibition Co., Ltd.Exhibits Range1. Granite, marble, tiles, special-shaped materials, slabs and blocks, stone-carved crafts, tomb stones, garden  stones, artificial stone products;2. Stone-mine exploitation equipments, stone processing machinery, diamond impregnated saws, polishers,  crocuses and abrasives, chemical technologies and equipments for stone maintenance, monitoring and measuring  apparatuses, scientific research, professional magazines.

Find information on China trade show directory,international trade shows - Asia business trade shows, trade fairs, events, Hongkong trade exhibitions, trade show exhibitors, Trade Show Schedule, industry trade shows, international trade show, trade show calender, trade show listing, trade show list, industrial trade shows, trade show network, trade show weekly, trade show events , trade show finder, exposition trade show, trade show exhibition, trade shows, trade fairs, trade events, trade exhibitions, business trade shows, business trade fairs, business trade exhibitions, business events, business trade events, business seminars, business meetings, trade meets, trade fairs and exhibitons held all over the world

	Fair Name	Date	Web site
1	Chinese Import and Export Commodities Fair(Canton Fair)	April.15th-30th (Spring Fair) Oct.15th-30th (Autumn Fair)	www.cantonfair.org.cn
2	East China Fair	March 1-6	www.east-china-fair.com
3	China Hi-Tech Fair (CHTF)	October 12-17	www.chtf.com/english
4	China International Fair for Investment and Trade (CIFIT)	September 8-11	www.chinafair.org.cn
5	China Yiwu International Commodities Fair	October 22-26	www.chinafairs.org
6	China (Shouguang) International Vegetable Sci-tech Fair	April 20-May20	www.intvegetable-fair.com/...
7	China (Taiyuan) International Coal & Energy New Industry Expo. (CICEN EXPO)	September 16-18	www.cicenexpo.com
8	China International Consumer Goods Fair	June 8-12	en.cicgf.com
9	the Expo Central China	May 18th-20th	expocentralchina.mofcom.gov.cn

(Source: English Site of Chicago)

China International Auto Parts Expo, the First China International Auto Parts Exposition will be held in Beijing from Nov. 29 to Dec. 1, 2007, which will open a window for both China's and international automotive product industries by introducing their development level and trend of growth. For detailed information please visit www.iapechina.com/english (Source: English Site of Ireland)

China International Industry Fair (CIIF) is a grand large-scale world industrial expo. It is approved by the State Council, jointly organized by the National Development and Reform Commission, the Ministry of Commerce, the Ministry of Science and Technology, the Ministry of Information Industry, the Ministry of Education, the Chinese Academy of Sciences, the China Council for the Promotion of International Trade and Shanghai Municipal People’s Government, co-organized by China Machinery Industry Federation and managed by Shanghai World Expo (Group) Co., Ltd.

China International Industry Fair (CIIF) 2007
Date: November 6-10, 2007
　　　　Location: Shanghai New International Expo Centre
　　　　Specialized Exhibitions:
　　　　　·Information Technology Equipment Show
　　　　　·Metalworking and CNC Machine Tool Show（MWCS）
　　　　　·Industrial Automation Show
　　　　　·Energy Show
　　　　　·Environmental Protection Technology & Equipment Show
　　　　　·Scientific & Technological Innovation Show
　　　　Tel: 0086-21-22068888 ext.8382/8386
　　　　Fax: 0086-21-62895703
　　　　Website: www.ciif-expo.com/en/intro...
　　　　Email: james@shanghaiexpogroup.com
　　　　　　　　chuck@shanghaiexpogroup.com
　　　　Organizers:
　　　　　·National Development and Reform Commission
　　　　　·Ministry of Commerce
　　　　　·Ministry of Science and Technology
　　　　　·Ministry of Information Industry
　　　　　·Ministry of Education
　　　　　·Chinese Academy of Science
　　　　　·China Council For The Promotion of International Trade
　　　　　·Shanghai Municipal People's Government

(Source: English Site of Melbourne)

IntroductionChina is a major manufacturer and exporter of cashmere and related materials occupying 75% of total output of the world. Being a big manufacturer and exporter of cashmere products, China's capability of processing cashmere products has been increased quickly while quality and image of the products are improving. China is playing more and more important role in global cashmere trade. Meanwhile, cashmere market in China, the biggest potential cashmere consumption country, is becoming more prosperous promoted by fast economic development. China Cashmere Fair · Beijing is the only cashmere fair approved by Ministry of Commerce of the P. R. China. You will meet the most important Chinese businessman and influential overseas cashmere companies in this fair. Major ActivitiesOpening Ceremony: 10:00, Nov. 1, 2007 China World Exhibition Hall

2007 (Yiwu) Electronics industry exposition of ChinaThe sixth Yiwu international socks / the knitting of clothing industry exhibition

Long corridor of 5 kilometersLuoBinWang ParkChouzhou ParkDesheng rockZhugong rockBrass hill rockThe Xiaohuang rockDrip rockYunhuang MountainSongpu MountainDanxi Cemetery ParkQi's troops memorial museum

Yiwu belongs to the subtropical monsoon climate, gentle and moist, making a clear distinction between the four seasons, the average temperature of the whole year is about 17 ?, the temperature on average is the highest with July, it is 29. 3 ?, it is the lowest in January, is 4. 2 ?. Annual average frost-free period is about 243 days. The annual average precipitation is between 1100-1600 mm. So four seasons are comfortable.

With the development of the Chinese craftworks and gifts industry over the past 20 years, China has become the world’s largest manufacturing and export country with the annual production value of more than 150 billion yuan and the annual increase rate of nearly 20 percent. In recent years, a great number of overseas orders of craftworks and gifts have been transferred to China, mainly from the European and USA general merchandise industry, multinational chain supermarkets, and professional distributors, etc. Meanwhile, 2008 Beijing Olympic Games and World Expo Shanghai 2010 will also bring great business opportunities to the craftworks and gifts industry.

  The Chinese small Commodity city is located in Yiwu in the middle part of Zhejiang province, established in 1982; it was one of the professional markets which our country established first. For over 20 years, go through four times move and enlargement eight times, there are more than 800,000 square meters of area of business now, trade place more than 34000, employees more than 80,000, the volume of the flow of passengers everyday is more than 200,000 persons, the total turnover of the market was up to 24,827 million Yuan in 2003, among them the foreign export took 50 tops, has occupied the first place of wholesale market of the national industrial products for 13 years in succession, authorize State Bureau of Quality Testing the honorary title of the market of " in weight quality , watch over prestige ", it is the international small Commodity exhibition centre with circulation, research and development, It is the largest small Commodity export base of our country.

China Sourcing Fairs Set to Break Records in October with More Than 7,500 Booths, Over 80,000 Buyers Pre-registered to Attend Four Specialized Shows - Electronics & Components, Fashion Accessories, Underwear & Swimwear and Gifts & Home Products

The key components of receiving online payments When thinking about receiving online payments (e-commerce) it is useful to understand the three key components.Shopping Cart/Online order form Payment Gateway Merchant Account

The Swedish IT-magazine Internetworld elaborated on the subject of the importance of allocating enough resources when you create your e-business activity. Remember to request the right things from your suppliers if you want to be successful on the web.

It is now common knowledge that people don't really surf the internet any more; they search it. At the same time, businesses are realising that publishing and keeping an up-to-date website is no good if people can't actually find it. Search engine optimisation (SEO) holds the key to this conundrum, and the advice from marketing experts, web developers and the search engines themselves is to put a little time and effort into making sure that the investment made in launching a bells-and-whistles website is not wasted because no one can readily find it.

A trip to e-commerce stores is becoming more like a trip to the mall with the growth of social networking shopping Web sites.Sites including StyleHive, ThisNext, Kaboodle and Wists host social networks where users create profiles and highlight their favorite products.

Andrew Wetzler, President of MoreVisibility recently published an interesting article on how Internet has changed the way companies must and can position themselves against competitors.

From €7,5 million in 2006 to over €16 million in 2012 in Europe alone? Yes, there is no mistake, if you believe a recent survey conducted by Forrester Research. In five years, online marketing will represent about 18% of total media budgets of European companies.

The World Information Society Report 2007

Online Sourcing/purchases, strong competition for traditional sales

We would like to introduce with you to Kbm Trading International LLC. We are an overseas sourcing agent/Importer/exporter with over 15 years of experience in sourcing out products and sourcing manufacturers in China, USA and big markets for major retailers and private companies throughout the United States and abroad.

Global Sources industry-specific China Sourcing Reports bring you in-depth profiles of leading manufacturers from China that are not available anywhere else. These unique profiles are the result of personal factory visits and exhaustive interviews with senior managers by an impartial team of research analysts.

China travel resources linkpages

　　International Sourcing Fair (Shanghai, China) is held once a year in autumn since it was inaugurated in 2002. After 5 years of successful development, it has become the largest reverse sourcing fair in China with the total exhibition area of 20,000 m 2 . In 2006, ISF China received approval to upgrade to a national level fair by the State Council of PRC and is now organized by Ministry of Commerce and Shanghai Municipal People's Government. ISF China is operated by Shanghai International Sourcing Promotion Center Co., Ltd. During these years, ISF China always enjoys high level Government support resulting in an exceptional reputation, outstanding highlights throughout the event and superb business effect.

Background Metso Minerals (part of the Metso Group) is the world's market leader in rock and mineral processing equipment with a turnover of approximately €1.5b per year. Steel castings is one of the largest spend category currently sourced globally across the 5 continents. In order to rebalance a growing country risk as well as identify new cost reduction opportunities, Metso Minerals looked at China as a long term strategic source of supply for its large steel castings requirements.

   As mentioned above, corporations in the West and Japan have long recognized the strategic importance of procurement. However, two very different procurement philosophies have emerged and polarized perspectives on this topic between on the one hand the US and Europe and on the other hand Japan.

3.3.1 Import and Export Commodity Inspection Agents3.3.2 Services Provided by Agents3.3.3 Letter of Attorney

3.2.1 Commodities Subject to Statutory Inspection and Quarantine 3.2.2 Technical Standards for Inspection and Quarantine3.2.3 Supervision and Inspection of Foodstuffs

General trade refers to the import or export of goods by enterprises in China with import-export rights. In China's customs statistics, the scope of general trade covers: imports and exports using loans or aids; the import of materials by FIEs for processing of goods for sale in the domestic market; the export of goods purchased by FIEs or manufactured by processing domestically-produced materials; the import of food and beverages by restaurants and hotels; the supply of domestically-produced fuel, materials, parts and components to foreign vessels or aircraft; the import of goods as payment in kind in lieu of wages in labour service cooperation projects with foreign countries; and the export of equipment and materials by enterprises in China as investment in kind for their investment abroad.

China's latest Company Law has removed requirements on minimum registered capital for different types of company and allows companies to pay up their capital in two years in accordance with regulations. Investment companies can pay up their capital in five years.

Step 1: Application for EstablishmentAn investor interested in establishing a foreign-invested commercial enterprise or a foreign-invested commercial enterprise interested in setting up shop should submit the required application documents to the provincial commerce authorities at the place where the foreign-invested commercial enterprise is registered.

Step 1:Applicant appoints an agent, which must be a foreign investment services company in the mainland. Step 2:Agent submits on applicant's behalf all the required documents to the provincial foreign trade and economic cooperation department for handling application procedures.Step 3:Upon approval granted, applicant should proceed promptly to the provincial or municipal administration for industry and commerce for registration.Step 4:Other formalities to be handled by the resident representative:

  1.2 Foreign Enterprises
  The application procedures for the establishment of foreign enterprises are more simple.

The time limit for the approval of applications for the establishment of foreign enterprises is as follows: The approval organ must give a written reply within 30 days after receiving preliminary application from the foreign investor and decide whether or not to grant approval within 90 days (for Guangzhou and Shenzhen, 15 working days) as from the day all documents required for the formal application are received.

For foreign enterprises, the date of the issuance of business licence is the date of their incorporation. The foreign investor may appoint an FIE service company or other economic organisations to handle the application procedures, but a power of attorney must be signed.

Application Procedures for Establishment of Foreign Enterprises

Step 1: Submission of Preliminary Application

The foreign investor of a foreign enterprise should submit a report to the foreign trade and economic cooperation department at county level or above at the place where the proposed enterprise is located.

Content of report: Objectives of the foreign enterprise, business scope, scale of operation, products to be produced, technology and equipment to be used, land area required, conditions and quantities of water, electricity, gas and other forms of energy resources required, and requirements for public facilities.

Step 2: Submission of Formal Application

After the foreign investor receives a written reply from the relevant government authorities, a formal application supported by all the required documents should be filed with the local foreign trade and economic cooperation department at county, municipal or provincial level.

Documents required: Application letter for establishing the foreign enterprise; feasibility study report; articles of association; list of legal representatives (or board of directors); foreign investor's legal papers and credit report; list of materials to be imported; written replies from the local approval authorities at county level or above; application for registration of the name of the enterprise approved by the provincial or municipal administration for industry and commerce; comments on the project by various government departments such as environmental protection, fire services, health and land administration. In case where two or more foreign investors are involved, copies of the contracts signed by them should be submitted to the approval authority for the record.

Step 3: Application for Approval Certificate

After the formal application is approved, the foreign investor should apply to the foreign trade and economic cooperation department at county, municipal or provincial level for an approval certificate by presenting all the necessary documents.

Documents required: Application letter for establishing the foreign enterprise, feasibility study report, articles of association and list of board of directors.

Step 4: Registration

Upon collection of the approval certificate, an application for business licence should be filed with the provincial or municipal administration for industry and commerce within 30 days. Subsequently, the enterprise should complete such procedures as applying for official seal and enterprise code, opening bank account, and registering for tax payment and customs declaration with the local public security, technical supervision, taxation, Customs, finance, foreign exchange administration, banking, insurance and commodity inspection departments.

 

Global sourcing of products in a low-cost region is a waste, if the logistics cost or process to get the company products out of that region counterbalance the product cost savings. Global sourcing requires an in-depth analysis of a company's logistics set-up梐nd that's exactly what consumer appliance giant- Electrolux has done.

When Hans Straberg was the CEO of Sweden-based Electrolux in 2002, the company was dealing with severe competition and price pressure in its primary markets. Straberg lay down four chief priorities for the company i.e. brand building; product growth based on buyer insight; internal talent development; and improvement in operational efficiency to reduce costs. Thus, global sourcing of materials to support those industrial unit goods came into view as Electrolux planned to give importance and put their stake on low cost countries like China. Consumer products maker Electrolux thus began a major manufacturing shift to low-cost regions including Mexico and Eastern Europe and establishing new production capacity in Asia.

But, the increased global sourcing would tend to increase the company's on the whole logistics costs, so to make sure those costs were managed effectively, Francois Van Caeyzeele 杢he purchasing head of Electrolux instigated a deep-dive project to review the company's logistics net in Asia. Leading that deep-dive was Mr. Amit Kumar, who was the head of logistics services for Asian Global Sourcing and International trade. Kumar moved to Shanghai, China in 2004, from his post in Europe to begin scrutinizing everything that went in and out of the Asian region.

Kumar told the purchasing department that they started doing a routine checking exercise for the logistics spend in that region. What was moving from where to where? They had the suppliers control logistics and minor notice was paid to what the real cost was for logistics and the management of the shipments for B2B International trade.

The pricing factor was taken into account only in phase two. Kumar made an excellent choice for the project because of his backdrop in procurement as well as his vast experience and work knowledge in a Global Sourcing. The Company targeted several major factories in the Asian region, charting the logistics network and lowering the freight cost from the part cost. Two issues stood to notice at the end of the project that the company's container fill rate was much lesser than was expected and many of the suppliers were transporting via shipment to Electrolux in parallel lanes using various logistics providers at varied rates.

So there was an obvious situation for establishing consolidation positions in China suppliers. Accordingly all suppliers in a particular region were brought together as one committed factory manufacturers and goods were shipped to the destinations.

This enhanced container fill rates and let Electrolux select the logistics providers it needed in various area. Electrolux used a standardized assessment table to sort out logistics service providers with deep emphasis on an international level, global sourcing, management and innovation.

Article Source: http://www.articlesbase.co...

About the Author:
Tootoo.com , the leading B2B platform, combining vertical search engine with value added service portal. It has more than 430 000 China quality suppliers and provides top quality B2B services to both sellers and buyers worldwide.

She advises companies to consider a "probational" period before engaging a supplier and interrupting it with a random inspection by a third-party testing organization. "Have a list of things to test for that are very explicit, and a clear policy of [contract cancellation] based on violations," she says. "You need to set an example that there's zero tolerance for people who don't follow your policies. If they pass, then constantly go back to square one in terms of requalifying them."

  
  

  Chinese Checking

(continued)

Ferko says the defect rate for Genlyte products made in China is less than 0.02 percent, consistent with the defect rate for its U.S.-manufactured products. "We go through an exhaustive prescreening of all our contract manufacturers, most of them located in South China's Guangdong region," he says. "We check their reputation, ask for references, and see if they've done similar work to what we want them to do." Ferko says Genlyte weeds out manufacturers that it believes will not maintain consistent quality standards or always look out for Genlyte's best interests. "We haven't had any significant problems over the years," he says.

The same can be said for Arrow Electronics Inc., a Melville, New York–based global distributor of electronic components and computer products, with $13.6 billion in 2006 revenues. Arrow has sourced products and components like semiconductor chips from China for the past 15 years. "We purchase only from known suppliers and then do standard things like get trade references and cross-check them," says CFO Paul Reilly. "We also check their banking relationships, and talk with trade associations and government bureaus. We see if they have global certifications like ISO 9000, and we're big believers in physical onsite inspections and regular testing."

Arrow has developed a broad list of performance metrics in its contractual agreements with Chinese suppliers. "The recent scandals made us stop and think about the challenges of ensuring quality products not just from China, but from everywhere else in the world," Reilly says. "While we expect to increase our vigilance, we have not had quality issues emerge from the suppliers we deal with."
   
  

   Before making its sourcing decisions in China, Solectron looks at four supplier capabilities: manufacturing and quality systems, ownership structure, financial backing, and localization. Doing the evaluations are local quality engineers, commodity managers, and financial analysts. "They're our employees, and they're located in Shanghai, Beijing, Shenzhen, Hong Kong, and elsewhere in the country," Caltabiano says. "The commodity manager looks at the supplier's ability to meet our cost requirements; the quality engineer evaluates technical expertise and then tests and audits this; and the financial analyst examines financial backing, credit, and ownership structure."

Surprise, Surprise
A key practice in evaluating supplier quality is unannounced inspections, either by an in-house s