This blog is to discuss and share following information with friends worldwide: How to safely and smoothly do business in China:covering Risk Management, Chinese Company Verification and Investigation, Professional Sourcing, Purchasing Agent, Quality Control, Factory Auditing,Business Consulting etc. Chinese Cultures, Anti-fraud, Investment in China etc are also discussed in this blog. Please share and comment, my skype: momochong1 Website: www.chinabizservices.com
Showing posts with label investment in China. Show all posts
Showing posts with label investment in China. Show all posts
Friday, 9 May 2014
Benefits of operating business in China
Since its open-door policy of the late 1970s, China has rapidly become a rising global economic power. more and more foreign investors start to do business in China mainly in high-tech, agricultural, forestry, telecommunication and energy industry.
China's WTO entry marks a watershed in its ongoing reform and modernization program, seeing the country adapt its legal and regulatory framework of foreign trade and investment in line with its WTO commitments. as a major emerging market which embraces new business opportunities and challengers, foreign investors are more likely to start doing their business in China.
The advantages in doing business in China:
Major emerging market;
Large trained labor pool;
Favorable business atmosphere;
Dynamic fast-growing economy;
Rapidly increasing consumer wealth;
Very low employment costs;
Furthermore, as a dynamic market and international investors and buyers can find a wide range of quality products at very competitive prices to start their business. for instance, lots of investors start doing business in China in producing textiles, apparel and footwear; raw materials, metals and chemicals; toys and handicrafts; and foodstuffs, among others.
Besides the obvious potential for selling consumer goods, China has a requirement for a wide range of agricultural and industrial raw materials, high tech components, capital goods and services. due to the rapid development of the Chinese economy, it offers sellers ample opportunity to place goods in this fast growing economy to expand their worldwide business. many top brand names from across the world can now be found in the local high street of most major Chinese cities.
STIN (www.chinabizservices.com) Service is aiming to help you invest in China smoothly with their professional services: Market Survey, Consulting, Biz Investigation, Incorporation Service etc.. Our mission is to save you more and reduce the risks in your business in China!
Sunday, 26 May 2013
What can a factory inspection service bring you in China?
Last week I paid several factory visitations to some Shenzhen-based companies in China upon request of some foreign buyers. All the three companies are Gold member or Trust pass members in Shenzhen, who all claimed that they were real manufacturers of electronics in China. I am sure most of the foreign businessmen will be astonished at the result of my inspection in Shenzhen; here is the basic information from my visitation report:
Company One:
Decline my visitation on the pretext of goods shortage, but they promised to receive us before our departure to Shenzhen.
Company Two:
Received us at an office in a Hotel, there are 3 salespersons working in the office. We cannot even find a Logo on their company in the office and on the door. They are checked out to be a small offshore trading company in China.
Company Three:
This is the best one among the three. They are a registered small trading company in China, however, they do not have their own right to export ( I mean they do not have the Certificate of Import & Export issued by local government authorities ), they normally export their goods via Freight Forwarders, for which the buyer may bear some risks. They registered only on 2005.08.26; however, they claimed themselves they were registered in 1999 online. They do not have any factories at all. They cannot show me any quality control measures and after sale services in written forms; they cannot even show me a formal sales contract !
My suggestion: You had better deal with larger trading companies or manufacturers directly for sake of better quality control in China. Lot of trading companies disguise to be a real manufacturer in China, so a factory visitation or inspection is very necessary for a large order in China! A factory inspection can tell you everything about the supplier and it is one of the best wayd to verify your Chinese supplier!
What can a factory visitation performed by a local inspector bring you ?
As we all know, there are many false things on the web, which perplex us often when we are going to make a decision. The case is also true with buyers who are going to buy from oversea suppliers. Here I bet a factory visitation (better by a local person) is a second-to-none solution.
1.Genuine or False?
The local person can go and check the company (the potential seller) and all its factory registration information to see if it is a genuine and serious enterprise. This is the basic thing that any buyer has to do before any sincere cooperation!
Decline my visitation on the pretext of goods shortage, but they promised to receive us before our departure to Shenzhen.
Company Two:
Received us at an office in a Hotel, there are 3 salespersons working in the office. We cannot even find a Logo on their company in the office and on the door. They are checked out to be a small offshore trading company in China.
Company Three:
This is the best one among the three. They are a registered small trading company in China, however, they do not have their own right to export ( I mean they do not have the Certificate of Import & Export issued by local government authorities ), they normally export their goods via Freight Forwarders, for which the buyer may bear some risks. They registered only on 2005.08.26; however, they claimed themselves they were registered in 1999 online. They do not have any factories at all. They cannot show me any quality control measures and after sale services in written forms; they cannot even show me a formal sales contract !
My suggestion: You had better deal with larger trading companies or manufacturers directly for sake of better quality control in China. Lot of trading companies disguise to be a real manufacturer in China, so a factory visitation or inspection is very necessary for a large order in China! A factory inspection can tell you everything about the supplier and it is one of the best wayd to verify your Chinese supplier!
What can a factory visitation performed by a local inspector bring you ?
As we all know, there are many false things on the web, which perplex us often when we are going to make a decision. The case is also true with buyers who are going to buy from oversea suppliers. Here I bet a factory visitation (better by a local person) is a second-to-none solution.
1.Genuine or False?
The local person can go and check the company (the potential seller) and all its factory registration information to see if it is a genuine and serious enterprise. This is the basic thing that any buyer has to do before any sincere cooperation!
2.Production Competence (Throughput)?
The inspector can inquire about the factory’s production capacity (also known as throughput) with the director of Production Department. How much can they produce in a month or a quarter? By learning their production competence, the buyer can avoid the risk of a delayed delivery to some extent.
3.Quality Control?
The visitor can try to get to know the factory’s quality control system with the help from the director of Quality Control Department. He can also get to know more by inspecting their assembly lines or work shops. Good quality is always one of the crucial things that buyers are always pursuing.
4.After-sale Service?
After-sale service is also important for buyers. Here the visitor or inspector can make sure if the factory can offer good and effective after-sale services and also confirm if they can include after-sale services as one clause in the contract? After-sale services can keep you free from some troubles.
5.Export License?
Some suppliers do not really have an export license. Here the inspector can check the supplier’s registration information with the local customs to see if it can really export directly to the buyer’s country. This is also one of the factors that can free you from being scammed. Other qualifications of the supplier can also be checked out by a local expert in this field in China.
STIN (CHINA) BUSINESS SERVICE CAN OFFER professional Factory Inspection and Auditing service for clients worldwide in China: www.chinabizservices.com or
Tuesday, 21 May 2013
STIN: a ONE-STOP import &export service provider from Mainland China!
STIN is aiming to offer professional sourcing, quality control, auditing and shipping support service etc for clients worldwide from China. STIN is a team of local sourcing specialists, buyers, auditors, QC inspectors and lawyers etc. Our mission is to save you more and reduce the risks in your business in China! www.bizinchina.cc or www.chinabizservices.com Skype: momochong1 STIN -- Your Office, Assistants and Eyes etc in China! Please contact us for details.
Our main services are:
1. STIN SOURCING SERVICE -- Looking for the most competitive suppliers
Our main services are:
1. STIN SOURCING SERVICE -- Looking for the most competitive suppliers
2. QUALITY CONTROL MANAGEMENT -- Your own eyes at the factories !
3. Factory Auditing & Inspection Service
--- The first step for your successful large business in China
4. Purchasing Agent & Buying Office Service
--- The ONE-STOP business solution service for you in China
5. Business Secretariat Service & Business Guide
Your local 'secretary', 'associate' and 'guide' from China !
6. Business Investigation -- Your own auditor and investigator in China!
7. Fair /Show Participation or Presentation -- Your own sourcing assistants
8. Shipping Support Service -- Your shipping agent and assistant
A good shipping agent will protect the client interests after they pay the supplier, they will control the
goods during transportation from the beginning to the end of the business. This is why most of the buyers
or sellers having their own shipping agents worldwide. STIN can work as a shipping agent or Logistics
assistants for their clients in China, STIN provides following delivery services: sea transportation, air
transportation, Express delivery, inland roadway and railway transportation. Undertake multi-model transportation of container, warehousing, customs clearance and commodity inspection, cargo
insurance, logistics consultation, lateral container transportation, special container, freezer container and
other kinds of transportation, which is total logistics service. Collection of items from different factories
and supervision of loading process etc can also be available upon request. STIN has good biz relationship
with many partners in China and the detailed cost can be discussed case by case.
9. Supervision of Loading Process -- -- Your own eyes at the factory warehouses
Supervision of Loading Process service means STIN inspector shall go to the factory's warehouse
together with the shipper, overseeing the process of loading on behalf of the clients in China after they
pay the factory. The purpose of a Supervision of Loading process is to make sure the factory will deliver
the right Quantity or Quality after the buyer pays the order. This service is catered for large orders in China.
11. Case-Report Service - -- Get back your money in China? Try this one !
(Debt Collection via official channels)
This service is catered for any foreign victim or companies defrauded (swindled or deceived) by Chinese
companies or individuals. An on-site Case-Report Service might be able to get your money back or at least the scammer will get heavily fined or jailed
if you can obtain official assistance. Please contact us for details. It is a kind of official debt collection service
in China.
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