Importing from China: Step-by-Step Guide for Beginners
Step One: Choosing Goods to Import from China Before choosing goods to import from China, make sure you have the necessary qualifications for importing. For US companies importing under their corporate name, they need an Employer Identification Number (EIN). For individual importers, a Personal Taxpayer Identification Number (ITIN) or Social Security Number (SSN) is necessary. Importing Country Requirements: China Requirements:You should also consider exporting country policies. Check Chinese export policies to ensure your goods can be exported smoothly. Market Prospects for Goods Imported from China: Step Two: Finding Suitable Suppliers for Importing from China Online Sources:The appropriate way is to use B2B e-commerce platforms for sourcing, such as Alibaba, the most famous Chinese platform with more than 5,900 product categories and more than 200,000 suppliers worldwide. Field Visits:Sometimes, many importers personally visit China to secure suitable suppliers. They attend trade fairs or tour factories to find appropriate products and suppliers. Canton Fair (China Import and Export Fair):Guangzhou hosts two sessions of the Canton Fair annually. The fair is organized in three phases: Step Three: Choosing Transportation Methods for Importing from China Common Transportation Patterns: Transportation Services: Remaining Steps: Customs Clearance and Delivery Documents required for customs clearance include: Customs duties must be paid during the customs clearance process, taking into account trade agreements that may reduce duties.