hello;
1. for this question i think this is possible.because you know in
china the labor cost is very cheap.so the goods always is cheaper than
in other countrys.
2.here is the procedure you must follow if you want to import legally from china
China Import and Export Procedures
China have freedom in undertaking all the import and export activities
including international trade, with the exception of those forbidden
by state laws and regulations.
Some of the import and export procedures are open to choice. Whether
these procedures are necessary is solely decided by the kinds of
import and export and the category of the import and export
commodities.
I. China Import Procedures
Most of the import businesses in China are transacted in FOB prices.
Only a very small minority of the import commodities are transacted on
CIF terms. The majority of means of payment are in letter of credit
(L/C).
The commodity import include a series of steps from signing a contract
to making the payment. The general import procedures transacted under
the terms of FOB include: writing down an effective contract, writing
L/C, booking space, pushing for shipment, insurance, checking
documents, making payment, customs declaration, receiving the
shipment, inspection, goods delivery and claiming import indemnity.
1. The establishment of an effective import contract
A contract comes into effect once the price quoted based on a written
agreement, or the contract between a Chinese import enterprise and a
foreign supply businessmen is accepted or the price quoted by the
foreign supply businessmen is accepted.
Though China has greatly opened its import business, its import
business is controlled and regulated by a series of laws and
regulations such as the "Foreign Trade Law" and "the Customs Law".
Therefore businesspersons must consult with various laws and
regulations issued by the Chinese government before importing
commodities from overseas.
All products, if no limit is set, can be imported freely while ways of
trade and payment which run contradictory with laws and regulations
are generally forbidden.
2. The writing of a Letter of Credit (L/C)
Buyers must fill in an application according to regulations in the
contract so as to write out a letter of credit once the import
contract is signed. The content of the L/C must conform with the
articles in the contract.
The time decided in the L/C must also fit for the regulations in the contract.
After the L/C is written, buyers can apply for correction in the Bank of China.
3. Booking space and pushing for shipment
The buyers are responsible for booking space if the import contract is
signed under the FOB price terms. At present, the space booking of
China's import trade is generally entrusted to China National Foreign
Trade Transportation Corporation. After the shipment matters are
settled, buyers should inform sellers the time and name of the ship so
that the seller can make preparations and be ready for loading. In the
meantime, buyers should push for the shipment so that the
transportation company can load on time.
4. Insurance
The insurance of import contract under FOB and CFR terms is on the
purchasing side. At present, the insurance of import goods carried
through ocean shipping is entrusted to China National Foreign Trade
Transportation Corporation, which is responsible for signing
preliminary insurance contract with the People's Insurance Company of
China (PICC).
5. Checking documents and making payment
The Bank of China will check the number of documents and contents by
referring to the regulations in the Letter of Credit after receiving
bank drafts and documents. If they are found correct, the Bank of
China will make the payment to the overseas enterprises. The import
enterprises can buy money orders from the Bank of China with Renminbi
according to the announced foreign exchange rate. If something is
found wrong, the bank can inform the other side to make the correction
or stop making the payment.
6. Customs declaration and receiving shipment
Import enterprises, after retiring documents, should prepare for
receiving the imported products. Once the product reached the port of
arrival, they should start customs declaration and receiving the
import articles.
The customs declaration and goods receiving are usually done by China
National Foreign Trade Transportation Corporation instead of import
enterprises.
7. Checking, receiving, and goods delivery
Imported goods must be inspected by commodity inspection
organizations. If the import goods are found missing, damaged or in
short, import enterprises can claim an indemnity with proof from
commodity inspection organizations.
After the above documents are completed, import and export enterprises
must entrust the foreign trade transportation company to pick up goods
and deliver them to ordering enterprises.
8. Claiming an indemnity
Claiming for an indemnity often happens in cases in which foreign
sales parties cannot deliver products, or cannot deliver them on time
or the quality, packaging, amount cannot fit those prescribed in the
contract.
The target of claiming for an indemnity is concentrated on the
commodity supply parties, shipping corporations or insurance companies
in line with different degrees in economic losses.
II. China Export Procedures
In China's export business, BOF terms apply only in a small number of
countries and regions which have signed agreements with China on the
same delivery terms. The majority of countries do business on CIF or
CFR terms and get paid in letter of credits. This kind of export
contracts involve many links with complicated procedures and are
associated with many aspects and departments.
Export procedures usually include: the establishment of an export
contract, preparing export commodities, push for documents, checking
and changing documents, booking space, customs declaration, commodity
inspection, insurance, loading, writing documents and settlement of
exchange. Among them, the four procedures such as goods (preparing for
export goods), documents ( push for documents, checking and changing
documents), ships (booking space), payment ( writing a document and
settlement of exchange) are the most important.
3. for the third points,i think you can import some more dependently in labor.
for example small tools,food,clothes,umbrellar
4. for this points,i think it it the easiest way you contact with the
factory which produce this product directly.this is the cheapest way
in china.perhaps i can help you to collect some informations if you
want.i am now in china.
hopefully abover informations can help you some how.
good luck! |
