Wednesday, 24 May 2017

Top 10 products China manufactures most in the world

China is good at making many things, from shoes to mobile phones, clothes to computers, and toys to ships. Now the country has a 10-year national plan, Made in China 2025, which makes the world's second-largest economy ever more poised to move up the value chain and turn itself from a manufacturing giant into a world industrialized power.

No.1 Personal computers
China produced 286.2 million personal computers in 2014,accounting for 90.6 percent of the world's total. The per capita production was 40 times the average of other parts of the world.

No.2 Air conditioners
China makes 80 percent of the world's air conditioners - that's 109 billion annually. Per capita production is 17 times the average of other parts of the world.

No.3 Energy-saving lamps
The country's 4.3 billion energy-saving lamps account for 80 percent of the global total, with each person producing 3.2 lamps annually - 16 times the average of other parts of the world.

No.4 Solar cells
Overall capacity of solar cells hits 21.8 million kW annually, 80 percent of the world total

No.5 Mobile phones
China makes about 70.6 percent of global mobile phones, 1.77 billion annually. Per capita phone production is 10 times the average of other parts of the world.

No.6 Shoes
The number of shoes made in China annually reaches 12.6 billion, taking up 63 percent of the world's total. Its per capita production stands at 10 pairs, about eight times the average of other parts of the world.

No.7 Cement
China annually produces 1.8 billion tons of cement, which accounts for 60 percent of the world’s supply. Per capita production is more than six times the average of other parts of the world.

No.8 Pork
Pork bred by China contributes 49.8 percent of the total worldwide, hitting 1.5 million tons annually. That means for each person in China 40 kilograms are produced annually, six times the average of other parts of the world.

No.9 Coal
The country produces about 1.8 billion tons of coal (oil equivalent) annually, taking up 48.2 percent of the world's total. Its per capita production is also triple the average of other parts of the world.

No.10 Ships
China builds about 766 million tons of vessels annually, accounting for 45.1 percent of the world's total and triple the average per 1,000 people in other parts of the world each year.

Thursday, 11 May 2017

The latest aluminum ingot business scammer from China

We received a report from one of our Indian customers last week, complaining that they were cheated by a Chinese supplier below, they placed an order of aluminum ingot in March, 2017 and paid them the deposit on March 15 but in early May they received an empty container from the supplier. I had a look at their Business Card below and found out that they might be a professional scammer in China:

Changchun Hua Sheng Metal Sales Co., Ltd
Attn: Mr. Frank Wang (C.E.O)  Mobile: 0086-151-22987201
      Mr. Tony Chen (Sales Manager)  Mobile: 0086-185-26655021
Add: Tower B, 24 E, Huasheng Plaza, No.146, Weidi Road, Hexi, Tianjin, China
Tel: 0086-022-60771752        Fax: 0086-022-60771752
Email: north_metal@163.com   3483381657@qq.com
Website: www.north-metal.com

Let's tell you why this supplier might be a professional scammer without inspecting them in person.

1.Company name and their business address
Their company name indicates that they are registered in Changchun city but their address betrayed that they were living in Tianjin city, China. These two cities are several hundred kilometers away from each other and it is NOT allowed for any normal and legal business in China.

2.Office telephone, fax and cellphones
Mobile: 0086-151-22987201  or  0086-185-26655021
Tel: 0086-022-60771752        Fax: 0086-022-60771752
Their telephone, fax and cell phone numbers are all registered in Tianjin city, while their company is registered in Changchun city, which is NOT allowed for any legal business in China.

By the way, everybody can position a mobilephone number simply by fill the number in the following blank:  http://www.hao123.com/haoserver/showjicc.htm

3.Business licesne checking
Any legal company from Changchun city can be checked out at Changchun MSA (short for Market Supervision Administration), here is their official website: www.ccgs.gov.cn
No information on this supplier found at Changchun MSA, indicating that they are NOT a qualified company now in China.

4.Business scopes
In China, every company or exporter has their own limited business scope and lot of the businesses have to be licensed. If the supplier is selling too many different hot-sale products onine, then it might be 100% scammer.

5.Unbelievable prices:
If their prices are too low to be true, you have to forget them or ask them for reference before doing any business with them. Ask them why their prices are so low. If your order is large enough, then you'd better book an On-site third-party supplier/ factory inspection service from STIN or similar service companies in China to check them out in person before further discussion.

Top 10 most attractive Chinese cities for foreigners

Shanghai ranked as the "most attractive" city for foreign residents due to its international atmosphere and multicultural environment, according to an annual survey.

Beijing remained second, thanks to its advantages in healthcare and educational resources, while Hangzhou also held onto third place.

The rankings, released on April 15, are based on a survey of about 25,000 expatriates nationwide in December and January.

The criteria ranged from living environment and local culture to administrative services and favorable policies for foreign residents.

The China Society for Research on International Professional Personnel Exchange and Development launched the annual survey in partnership with International Talent magazine in 2010 as a way to promote the nation's cities.

Let's take a look at the top 10 cities for foreigners.

No 1 Shanghai

No 2 Beijing

No 3 Hangzhou

No 4 Qingdao

No 5 Tianjin

No 6 Shenzhen

No 7 Suzhou

No 8 Guangzhou

No 9 Nanjing

No 10 Changchun

Resources: STIN News

Thursday, 9 February 2017

2017 Top 10 Chinese brands

A total of 55 Chinese companies made to a list of the world's 500 most valuable brands this year, released by United Kingdom-based consulting firm Brand Finance.
Let us take a look at the top 10 outperformers from China.

No.1 ICBC
Brand value: $47.83 billion
Official website: www.icbc.com.cn

No.2 China Mobile
Brand value: $46.73 billion
Official website: www.10086.cn

No.3 China Construction Bank
Brand value: $41.38 billion
Official website: www.ccb.com

No.4 Alibaba
Brand value: $34.86 billion
Official website: www.alibaba.com

No.5 Bank of China
Brand value: $31.25 billion
Official website: www.boc.cn

No.6 Sinopec
Brand value: $29.56 billion
Official website: www.sinopecgroup.com

No.7 PetroChina
Brand value: $29 billion
Official website: www.cnpc.com.cn

No.8 Agricultural Bank of China
Brand value: $28.51 billion
Official website: www.abchina.com

No.9 Huawei
Brand value: $25.23 billion
Official website: www.huawei.com

No.10 Tencent
Brand value: $22.29 billion
Official website: www.qq.com

Among the top 10 brands, 7 of them are state-owned companies here in China.

Tuesday, 15 November 2016

How we discovered the copper wire scrap fraud business in Tianjin

Last Thursday (Nov 10,2016), one of our African customers booked our Business Guide Service in China, asking us to accompany him and audit the suppliers together in Tianjin for his copper wire scrap business. The supplier is a fully registered new exporter from Tianjin according to their Business License and Export License offered, they picked us up at the hotel with a car, took us to their office and warehouse, we checked the goods, discussed the trade terms, price and packages etc, everything seems to be very normal.

However, on the third day (Nov 12,2016), I took the customer to their office without informing the supplier of our arrival.(We were supposed to check their export qualifications in person.). When we reached their office during the work time that afternoon, everything shocked us. At the same address, on the same door, they changed their Company name, Logo and staff within 2 days ! I asked them for Ms Chen (the sales lady) and they said they did not know her! After that I called my colleagues to further investigate this supplier in China, noting that they used fake information in their export license. By then we came to a conclusion that this was a real business scammer in China.

Features of such business frauds are:
1. Fully registered NEW trade company and exporter but disguised as real manufacturers online;
2. Insist on using their own Shipping Agent;
3. Require 30% deposit in advance by T/T;
4. Offer high quality samples for FREE sometimes to gain trust from the clients;
5. Use very low prices to attract the clients worldwide. (Far below the market price in China.);
6. Scammers are normally from North China at present. According to the case-reports from our clients, Shijiazhuang, Zhengzhou, Qingdao, Dalian,Tianjin etc is notorious for such business scams in China.

Source: Verification Team, STIN Group (www.chinabizservices.com)

Saturday, 13 August 2016

Top 10 best China cities for start-up businesses

Chinadaily News: A list of 'Best cities for start-up businesses in Chinese mainland 2016' was jointly released on July 12 by Biaozhunpaiming, Tencent Research Institute and UR Work.

The list was made based on three criteria for start-up businesses - popularity, policy environment and intelligent support. Beijing tops the list with the highest score 96.448, almost 36 points higher than the second runner-up Shanghai.

Here is the list:

1 Beijing
Score: 96.448

2 Shanghai
Score: 59.2638

3 Shenzhen
Score: 51.2196

4 Hangzhou
Score: 42.1493

5 Guangzhou
Score: 41.2384

6 Tianjin
Score: 38.8829

7 Wuhan
Score: 36.1946

8 Suzhou
Score: 35.9827

9 Nanjing
Score: 35.5945

10 Chengdu
Score: 34.0449

Edited by STIN Sourcing Team

Monday, 27 June 2016

2016 Top 10 Social Media in China

Social Media, such as Facebook in the outside world, of Europe, USA and other parts of Asia has been also a hit in China.

However, the Chinese Internet Business has their own brand of Social Network. Running with hundreds of millions of users or subscribers, these media is a Gold mine to the e-Marketing Managers.
 
According to the market survey from Bosi, a local information agent in China, here is the TOP 10 Social Media in 2016:

1. WECHAT
  http://weixin.qq.com

2. QZONE
  http://qzone.qq.com

3. WEIBO
  http://weibo.com

4. TIEBA
  http://tieba.baidu.com

5. RENREN
  www.renren.com

6. PENGYOU
  www.pengyou.com

7. DOUBAN
  www.douban.com

8. KAIXIN
  www.kaixin001.com

9. ZHIHU
  www.zhihu.com

10. TIANYA
  www.tianya.cn

You can use above social network platforms to market your items or services in Mainland China.

Source: STIN service team