How To Buy Goods In China

Table of contents:

How To Buy Goods In China
How To Buy Goods In China

Video: How To Buy Goods In China

Video: How To Buy Goods In China
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The trade turnover between Russia and China is only increasing every year. The stable growth of production in this country suggests that it will be profitable to buy goods in China for many years to come. However, with any purchases, you must take into account the legislative subtleties.

How to buy goods in China
How to buy goods in China

It is necessary

  • - the Internet;
  • - contacting customs;

Instructions

Step 1

If you need to purchase an item for personal use within the baggage allowance, China will not disappoint you. Today, many products of this country have not been associated with consumer goods for a long time. Travel to Shanghai or cities in the south of the country such as Guangzhou. Any travel guide can help you get an idea of the largest shopping centers in these cities. The supply in the consumer goods sector, without exaggeration, is off the charts. You should not go shopping in Beijing or in the northeastern provinces (for example, Manchuria). These areas are considered "shuttle paradise", but the average buyer is unlikely to please with prices or assortment.

Step 2

To purchase a product for commercial use, you need to find a manufacturer or supplier. Not all Chinese factories are licensed to export, so in 70% of cases you will be dealing with an export intermediary company. You can independently find a counterparty at exhibitions or via the Internet, using large resources, for example, made-in-china.com or exports.cn. On such sites, you can find direct contacts of intermediaries and manufacturers of any goods, contact them and discuss all the terms of cooperation.

Step 3

After contacting the customs, register your company as a participant in foreign economic activity. If you are a private person, enter into an agreement with the department of services for individuals. Provide a detailed description of the items you plan to purchase. The customs broker will advise you on the amount of duties and taxes that you will have to pay. Try to clear the goods while they are in transit.

Step 4

After you sign a contract with a Chinese supplier, find a shipping company. Its representative should contact the Chinese side and discuss the date and terms of delivery. Do not contact a Chinese shipping company, even if the service is cheaper. It is better to deal with Russian representatives, a contract with whom will guarantee the legal protection of your cargo delivery deal.

Step 5

After the goods have been shipped, provide the customs broker with copies of the following documents:

1. Contract and specification

2. Invoice

3. Technical description of goods

4. Passport of the transaction, drawn up in the bank

5. Contract and invoice from the transport company

6. Certificate of origin

7. Export declaration in Chinese.

8. Bills of lading If you made a purchase from a private person, the import duty will be calculated based on the customs data. As a rule, in this case, the customs value of the cargo will be very high. That is why it is advisable to have all the above documents when purchasing goods in China.

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