How to Use this Book
Thanks for joining me on this journey! In order to create very clear venation for you as reader and international business learner, this book has been formatted into an easy to follow step by step system.

In this book, you will find the breakdown of a well planned system of importing from China. This detailed procedure has evolved over decades, utilising the practices from well experienced
international trading partners.

There is no absolute typical method to use this book. You may choose to read the chapters in order
or you may skip around, reading different chapters with certain contents of view points at different
 times.

To get the most value out of this book, you can keep it where you work and refer to it frequently throughout the whole importing process.

The sole purpose of this book is to help you and show you how to have competitively priced, high quality Chinese products delivered to your warehouse door under proper guidance with minimum efforts and costs.

After putting efforts on memorizing the ideas, terms and principles, you should apply them immediately. Instead of putting your business plan on the shelf, you should take actions.

The more action you take right now, the more you and your company can harvest the result and benefiting from importing from China.

When this book is nearly to be competed, I could hardly control my excitement and joy in knowing
the collaboration of very best material and ideas which was going to be in this one book which would be the tools for personal business excellence at their fingertips. Building an extraordinary business is the waging efforts of numerous people from across the globe. In the chapters that follow, you will be exposed to a wide variety of ideas, terms, techniques and experiences which have all been designed
to help you make your business truly extraordinary.

Thank you for purchasing this book and good luck with your importing!

Enjoy the program!                                                 

(1) Imagine your desired products from overseas can be delivered to your warehouse
door with ease and convenience !
(2) Imagine how relaxed and comfortable you are when biggest headaches from importing
 procedure has been cured !   
(3) Imagine your importing business can be upgraded to the next level of excellence! 

Copyright © 2013 by Richard Tong Xlibris International Corporation, Bloomington, Indiana, USA ISBN: Ebook 978-1-4836-1913-9 All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, without permission in writing from the copyright owner. Rev. date: 04/09/2013

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With China’s economy growing so fast, there are several changes in its infrastructures which have

positive impact in its import and export business. Many economists and experts affirm that China

has emerged as a true global power today. If we come to look at it, this country still has a growing

market which is developing very rapidly.

That’s why many entrepreneurs today invest and take the opportunity on “how to import product
from China”. Such venture assures high profitability since there is a high demand for China
products nowadays.

The Chinese Zodiac, known as Sheng Xiao, is based on a twelve year cycle, each year in that cycle related to an animal sign. These animal signs are the rat, ox, tiger, rabbit, dragon, snake,horse, sheep, monkey, rooster, dog and pig. It is calculated according to Chinese lunar calendar. You can use the tool on the right to search for your Chinese zodiac. Select your Gregorian date ofbirth, and you‟ll reveal your date of birth according to the lunar calendar together with your zodiac signs. Chinese Zodiac Stories Legend has it that one day the gods ordered that animals be designated as signs of each year and the twelve that arrived first were selected . . .

Helpful Hints Before You Import 1. Is there a local market for the goods you want to import? 2. Are you legally able to import these items into your own country? 3. The costs of importing 4. Is importing actually cost effective? 5. Can you afford to import? 6. The risks of importing 7. Dealing with exchange rate fluctuations 8. Choosing a reliable overseas supplier 9. Dealing with overseas suppliers 10. Trading terms and customs requirements        Check For Feasibility As a businessman, you should always do a feasibility check on your business venture. In a way, it can be your guide and your protection as a businessman. Simple Formula Value Check of Imported Goods is as follows. Cost of Goods = FOB Buying Price + Freight + Insurance + Custom Duty + Customs GST + other costs Selling price agreement with customers should be higher than Cost of Goods. Their difference is the profit. Profit divided by Cost of Goods is profit margin.

CONTENTS

 Part One - Preface

About the Author ...........................................................................................................11

How to Use this Book ....................................................................................................14

Part Two - In Depth Study of Importing Procedure

Import from China Feasibility Check ...........................................................................19

Product Sourcing from China ........................................................................................29

Building Relationship with Chinese Suppliers ..............................................................40

Sampling Process ...........................................................................................................60

Helpful Hints Before You Import ..................................................................................65

Begin the Ordering Process ...........................................................................................83

Mass Production & Quality Control ..............................................................................94

Container Shipping Arrangement ................................................................................107

Customs Clearance Documentation ............................................................................116

Categorization of Goods & GST .................................................................................129

Contract Dispute Settlement ........................................................................................147

Find Resellers for Your Product ..................................................................................152

Part Three - Case Study & Practical Strategies

International Trade Case Study ....................................................................................157

Electronic Data Interchange - EDI in International Trade ..........................................168

Import Toy Products from Top Toy Wholesale Markets in China ..............................183

Import from China Relevant Articles

1. China Business Scams And How To Avoid Them  .................................................188

2. Who Should Own Your China IP? Maybe Not You .............................................193

3. Doing Business In China Safely.

3.The Due Diligence Basics .....................................................................................196

4. China's Detention Of Foreigner For Alleged Customs Violation Should Be A Strong Warning .....................................................................................................................204

Part Four - Appendix & References

About China ...............................................................................................................217

Public Holidays in China ...........................................................................................226

Chinese Zodiac ............................................................................................................232

Chinese & English Language Translation ..................................................................237

Sea Freight Container Dimensions .............................................................................244

International Trade Glossary of Terms ........................................................................250

Electronic Data Interchange (EDI) is the computer-to-computer exchange of business documents in a standard electronic format between business partners.

Computer-to-computer– EDI replaces postal mail, fax and email. While email is also an electronic approach, the documents exchanged via email must still be handled by people rather than computers. Having people involved slows down the processing of the documents and also introduces errors.
Instead, EDI documents can flow straight through to the appropriate application on the receiver’s computer (e.g. the Order Management System) and processing can begin immediately.