Chinabizservices: 1688 - the largest wholesale and sourcing market o...

Chinabizservices: 1688 - the largest wholesale and sourcing market o...: Lots of foreign clients ask us where local Chinese source suppliers in China at present,the answer is definitely 1688.com. According to the ...

1688 - the largest wholesale and sourcing market on the globe

Lots of foreign clients ask us where local Chinese source suppliers in China at present,the answer is definitely 1688.com. According to the recent market survey conducted by STIN company,92% of the small e-store Chinese sellers on Aliexpress, Amazon,Ebay and Taobao etc will source from 1688, the rest will source from the small factories owned by themselves or their relatives, 98% of Chinese sourcing specialists or buyers will source the suppliers on 1688, especially for small orders.

1688.com, which is a part of Alibaba Group, formally launched in early 2010 in China, has been the largest wholesale and sourcing market for all kinds of raw materials, industrial products, clothing, home appliances and other general commodities on the globe.

On their official website (www.1688.com), 1688 claims to have a number of 120,000,000 registered users, more than 10,000,000 companies (factories and wholesalers), with a wide range of 49 different industry sectors registered with 1688.com, attracting 12,000,000 daily visits online.

We used to source or wholesale from local wholesale markets or factories in China but now you can wholesale almost any item online by simply clicking your mouse on 1688.com. Of course when come to a large order, you have to verify or audit your suppliers first as there are still lots of scammers online. 1688.com is only a platform and they are not responsible for your losses in case you meet a professional scammer there. By the way if you would like to buy directly from 1688.com, you may need a local agent to help you out as it's only for domestic users at present.

How to effectively source from multiple Chinese suppliers simultaneously?

    For the big buyers or importers, it's not difficult to purchase from multiple suppliers at one time because each supplier could at least fill up a 20 ft container, the customs clearance and logistics are comparably easier. But to those start-up companies,they usually test the markets with small orders, indicating that they need to purchase different products from different suppliers with trial orders at one time. In such cases, the domestic logistics management,lead time control, delivery time control, stocking, warehousing, and customs clearance etc are rather complicated.So how do we make an easier and more effective sourcing from different Chinese suppliers simultaneously when the order is not big enough?

    First of all what we need is a reliable and experienced Chinese partner or purchasing agent like STIN. The ones with direct export license will be much better as they can export and clear the customs directly upon request. An excellent partner or agent can well consolidate all your shipments at one time, coordinate the lead time and delivery time, arrange domestic logistics, control the business risks, arrange warehousing and clear the customs on time etc.

     Secondly, it's vital to control the lead time and delivery time of each shipment. The ones with longer lead time should be paid earlier. All the consolidated shipments shall be delivered to a designated warehouse in China. Any delay of one shipment will result in the delay of whole order, which may cause an unexpected stocking or warehousing cost in China as well.

    Thirdly, all the documents for customs clearance have to be prepared in advance for consolidated orders, each shipment may require different documents for customs clearance. For example, some products are made from wood, then a special fumigation certificate is required in order to clear the customs.

    Last but not the least it's necessary to choose the appropriate transportation way, whether to ship by sea, air or express, depends on the total shipping cost and the specific need from each client. STIN has rich experience in sourcing and consolidating different shipments for her clients in Mainland China, please feel free to ask us any question related. 

Chinabizservices: How to apply CFDA/NMPA/SAMR registration in China

Chinabizservices: How to apply CFDA/NMPA/SAMR registration in China:       The CFDA (China Food and Drug Administration) is the highest administration authority in charge of regulation and control of medical d...

How to apply CFDA/NMPA/SAMR registration in China

      The CFDA (China Food and Drug Administration) is the highest administration authority in charge of regulation and control of medical devices,pharmaceuticals,medical products, cosmetics and so on. CFDA certificate is required in medical device, pharmaceuticals,cosmetics, health products, food and drug manufacturing, sale and distribution etc in China. For medicals, pharmaceuticals, chemicals, cosmetics, health and dietary supplement products, you have to apply for a NMPA registration and permist first before you distribute them in China. NMPA is not a part of (CFDA or SAMR), please check http://www.nmpa.gov.cn for details. From late 2018, CFDA registration is also called NMPA or SAMR registration by some service agents here in China.

We take cosmetics registration as an example, here is the flowchart or procedure to apply a FDA (NMPA) certificate here in China:

      We focus on doing safe and smooth business in China, our mission is to save you more time, cost and energy, reducing the risks in your business in China! STIN consulting service can simply act as your own assistants in your business at our end !

The top 5 local sourcing agent in Mainland China

     A good sourcing agent plays a very important role in your international business in China sometimes. They can not only find out the best factories but also they can control the quality, control the payment risks, arrange shipment, clear the customs, offer legal support and even offer after-sale support etc on your behalf in person in China. There are lots of sourcing agent and supply chain management companies here in China. Most of the top sourcing service companies are operated by foreigners in China, however, Baidu released a list of top 5 local sourcing agents from Mainland China recently based on their company size (registered capital), annual revenues and bank credit etc in China. If you are looking for local sourcing experts from Mainland China, here is the list for your reference:

No.1: Shenzhen Unifortune Supply Chain Service Co., Ltd
Headquarter: Shenzhen, China 
Tel: 0086-755-23998778
Fax: 0086-755-23998779
Website: www.ufscs.com

No.2: Shenzhen Fusen Supply Chain Management Co., Ltd  
Headquarter: Shenzhen, China 
Tel: 0086-755-83573650
Fax: 0086-755-83585299
Website: www.fusen.net.cn

No.3: Zhejiang Dun'an Supply Chain Management Co., Ltd 
Headquarter: Hangzhou, China  1亿
Tel:0086-571-87808855
Fax:0086-571-87113559
Website: www.dunanscm.com

No.4: Guangzhou Wuzhou Sourcing Service Co., Ltd 
Headquarter: Guangzhou, China
Tel: 0086-20-32315566
Fax: 0086-20-32315588
Website: www.wzcgw.com

No.5: Changsha Stin Business Service Co., Ltd 
Headquarter: Changsha, China
Tel:0086-731-88167488
Fax:0086-731-88167499
Website: www.chinabizservices.com

Tongtiandi Digital Market -- The largest wholesale market for refurbished iphones and other brands in China

Tongtiandi Digital Market is located on No.49,Huafa South Road, several hundred meters away from Huaqiangbei Metro Station. Tongtiandi claims to be the largest wholesale market for refurbished iphones on the globe at present. Tens of thousands of people from all over the world coming here for send-hand phone business every day.

   Tongtiandi was set up as early as in 1999, it is a 3-storey building for mobile phone wholesale business. They focus on second hand cell phone business, the first and second floors are stalls for phone spare parts, repairers and accessories, the third floor is full of refurbished iphone dealers.

You can source every part of iphones here and if you are a phone technician or repairer, you can even assembly a totally new iphone within 1 hour here as almost all the phone parts are available in this building. You can unlock any iphone, change any screen or any other phone part here. The whole supply chain for refurbished phones can be found within 50 meters around this market.

Nokia, Sony, Sumsang used to dominate the refurbished phone market here in Shenzhen but now it is the time for Iphones. The sale of refurbished Iphones has accounted for more than 80% of whole Tongtiandi phone revenues last year.