Posts tagged "China"

Making the water cleaner

12

Sep 2014


Quality Control
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Making the water cleaner

Chinese and US students join hands to setup new platform for quality awareness   University students from the United States and  Chinese business schools have established a crowd-sourcing platform to help people in China learn more about the quality of the water that they use every day.   The Web portal, called MyH2O (myh2o.org), is one of the first online crowdsourcing platforms in China. The portal aims to promote risk awareness, citizen activism and governmental respons...

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$6b in trade contracts at China-Eurasia Expo

09

Sep 2014


Global Sourcing, International trade
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$6b in trade contracts at China-Eurasia Expo

URUMQI - The fourth China-Eurasia Expo (CEE), a six-day international fair, was concluded on Saturday in northwestern Chinese city of Urumqi, capital of Xinjiang Uygur autonomous region. The Expo saw more than $6 billion worth of foreign trade contracts signed with Chinese companies. The figure was a 7 percent year-on-year increase compared with that in last year, said the expo organizer.   This year's expo theme "Opening up and Cooperation for Building Silk Road Economic Belt" aim...

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Quality derives from education

05

Sep 2014


Opportunities, Quality Management
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Quality derives from education

Big initiative on vocational training is to upgrade China’s economy   Shenyang in China's industrial northeast, dominated by heavy industry and leviathan state-owned enterprises, may seem an unlikely model for the modernization of the country's economy. Still, the capital of Liaoning province is seen as a leader in vocational training. It has had a long tradition in turning out the skills that industry needs and in 2010 was designated as one of 10 vocational training pilot areas. Th...

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Myanmar’s new Special Economic Zone

27

Aug 2014


International trade, Opportunities
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Myanmar’s new Special Economic Zone

In a bid to further boost trade with China and address the increasing demand for transport and infrastructure, Myanmar is implementing a Central Economic Zone in the border town of Muse, project officials announced last Tuesday. Following a series of economic and democratic tax reforms intended to encourage foreign direct investment, Myanmar saw FDI increase from US$300 million in 2009-10 to US$20 billion in 2010-11 and a resulting rise in GDP rate from 5 percent in 2009 to 6 percent in 2012. ...

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Trade between China and ASEAN grow

11

Aug 2014


International trade, Opportunities
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Trade between China and ASEAN grow

Trade between China and the ASEAN has been growing despite recent disputes in the South China Sea, economists say. According to Chinese customs data published on Friday, trade between China and the Association of Southeast Asian Nations (ASEAN) rose 5.4 percent (in U.S. dollar terms) year-on-year to reach 261.3 billion U.S. dollars in the first seven months. China's exports to the ASEAN bloc grew 8.1 percent to 146.2 billion U.S. dollars in the first seven months, while imports amounted to 115...

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Mistakes when sourcing in China

29

Jul 2014


Global Sourcing, Opportunities, Service Offered
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Mistakes when sourcing in China

Lots of foreign companies want to import from China, but most of them do not take the necessary time to find the right supplier. Here are the 7 most common mistakes foreign companies make when sourcing in China: Lack of a well-defined strategy: When sourcing goods in China, you must have a well-defined sourcing strategy or “road map,” including locating the best supplier for your particular needs. Too few small companies do the proper due diligence when shopping for goods in China. As ...

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Beijing and Seoul new trade agreement

21

Jul 2014


International trade, Opportunities
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Beijing and Seoul new trade agreement

Chinese and South Korean leaders have pledged to sign a bilateral trade agreement between China and South Korea by the end of this year and introduce direct trading of their currencies to spur cross-border renminbi transactions and deepen economic ties in two of Asia’s largest economies. The agreement was made between Chinese President Xi Jinping and his Korean counterpart Park Geun-hye on his first visit to Seoul. “Through these measures, exchange between companies and citizens in the tw...

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Happy Dragon Boat Festival!

27

May 2014


Global Sourcing
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Happy Dragon Boat Festival!

China will have a 3 days holiday from May 30 to Jun 2... Arrange your inspections and audits well before with your suppliers before they leave for the holiday!   The Dragon Boat or Duanwu Festival is a traditional and statutory holiday originating in China. The festival now occurs on the 5th day of the 5th month of the traditional Chinese calendar, the source of its alternate name, the Double Fifth Festival.The Chinese calendar is lunisolar, so the date varies from year to y...

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How to reach Chinese online shoppers

14

Feb 2014


Global Sourcing, Opportunities, Service Offered
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How to reach Chinese online shoppers

Online sales in China could generate $650 billion by 2020. And it’s not only Web-savvy urbanites embracing e-commerce, but also residents of China’s smaller cities and rural areas. Rapid sales of low-cost, high-functionality smartphones have helped to expand Internet access quickly across China. Consumers in remote areas not served by large shopping malls are increasingly going online, often with their smartphones, to find the products they want. Residents of smaller cities spend a greate...

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Supply Chain Key to Success in China

10

Feb 2014


Global Sourcing, Logistics, Opportunities, Safety and Compliance
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Supply Chain Key to Success in China

It’s no secret that China’s domestic consumption is rising rapidly. Chinese consumers are buying more of everything (from apparel and white goods to luxury items and home ware) and as they buy more, from more channels, including online, at single brand stores and from large specialty chains, domestic and foreign owned companies have to re-asses their supply chain infrastructure in China for both selling and making goods. Supply Chain in China was once an afterthought or was only thought o...

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