Taxation on temporary import and export goods

Subject to the approval by the Chinese customs,a list of goods temporarily imported into China, for a period not exceeding 6 months, are exempted from tariff and VAT.

However the consignee is required to place a refundable security deposit at the bank equal to the amount of the duty and taxes payable. The customs may grant an extension of stay for the goods upon the application of the taxpayer.

Taxation on temporary import and export goods -

American Imports, Chinese Deaths: The human cost of doing business - Salt Lake Tribune

MONDAY
Outdated machines cause an epidemic of amputations.

TUESDAY
Batteries made by hand lead to kidney failure and death.

WEDNESDAY
Who's responsible for workers' health? Not us, American companies say.

'Big problem for Americans': With each new report of lead detected on a made-in-China toy, Americans express outrage: These toys could poison children. But Chinese workers making the toys - and countless other products for America - touch and inhale carcinogenic materials every day, all day long. Benzene. Lead. Cadmium. Toluene. Nickel. Mercury.

Many are dying. They have fatal occupational diseases. Mostly they are young, in their 20s and 30s and 40s...

Salt Lake Tribune - American Imports, Chinese Deaths: The human cost of doing business: " MONDAY Outdated machines cause an epidemic of amputations. TUESDAY Batteries made by hand lead to kidney failure and death. WEDNESDAY Who's responsible for workers' health? Not us, American companies say. "

China Exim Bank says to further promote imports

The Import and Export Bank of China (China Exim Bank) has granted US$20 billion of supportive fund to promote Chinese imports from other countries, a bank official said on Thursday.

China Exim Bank says to further promote imports

Popularity of CV Duty Actions against Chinese Products Continues to Grow as Congress Considers Possible Amendments to the Law (tdctrade.com)

Last month, the U.S. International Trade Commission launched separate countervailing duty investigations on lightweight thermal paper and certain magnets from China, bringing the total number of active CV duty investigations on Chinese products to SEVEN.

Popularity of CV Duty Actions against Chinese Products Continues to Grow as Congress Considers Possible Amendments to the Law (tdctrade.com)

Frequently Asked Questions for Canton Fair, 2007 October-- by Outsourcing In Asia, LLC

China Export Commodities Fair, also known as Canton Fair, is held twice a year in Spring and Fall since it was launched in the Spring of 1957. It is China's largest trade fair of the highest level, of the most inclusive varieties and of the largest attendance and business turnover.

October 15th, 2007 is the first day of 102th Canton Fair. at below link you could find answers to FAQ in three categories about this fair.

1)Traveling Questions
2)Exhibition Visiting Questions
3)Buying at Exhibition Questions

Get your Frequently Asked Questions Answered for Canton Fair, here

U.S. officials study Japan for lessons on Chinese food imports - International Herald Tribune

Increasing concerns about the safety of Chinese products have the U.S. government looking at the tough approaches taken by another Asian country, Japan."Japan is five years ahead of the rest of the world in dealing with quality problems from China," said XXX.

(Japan)test samples from about 10 percent of all food shipments entering Japan while the United States, which imports about a tenth of its food supply, tests less than 1 percent of shipments.

Read Full article: U.S. officials study Japan for lessons on Chinese food imports: "tests less than 1 percent of shipments"

The 2007 Shanghai Foreign Investment Environment White Paper Released

Of the 481 foreign enterprises in Fortune 500 in 2006, 257 have made investments in Shanghai. As at the end of last year, these 257 companies have invested in 1,884 projects with total contracted foreign investment of US$22.701 billion, accounting for 19.82% of the city's total contracted foreign investment. The 10 Fortune 500 companies with the biggest investment, in descending order of their investment scale, are: General Electric, Sumitomo, Hitachi, Itochu, Mitsubishi, Mitsui, Siemens, Fujifilm, Marubeni and Volkswagen.

View full at tdctrade.com

Outsourcing in Fujian Benefits Attract Multinational Companies

In order to attract more multinational companies to set up production bases, R&D centres, marketing centres and regional headquarters in Fujian in a move to undertake international services outsourcing, the opinions stipulate that prior approval and easier business registration are granted to enterprises engaged in service outsourcing.

View Full Aricle at tdctrade.com

Other related information on Outsourcing in China, visit OutsourcingInAsia.com

China Raises Import Duties on Luxury Goods

Effective on 1 August, duties on luxury consumer goods, including brandname watches and cosmetics, that's carried by mainlanders into the country from abroad are raised by 10% to 30%.

Read Full at article from tdctrade.com

The Hidden Truth about Mattel Toy and Graco Crib Recalls

---An perspective from a China Sourcing Consultant AND a regular US consumer

As being pregnant and ready to deliver any time, I was panicked when hearing the news on TV that cribs sold in the States could be dangerous to my baby. I googled to find more information, these headlines coming up,

"Is China Trying to Kill US?"
"Dangerous made-in-China products..."

I am offended as an original Chinese who works in the States helping US companies to import made-in-China products.

...

Who wants to buy more for less?
Who would demand that I want That NOW?

The answer is, "Us, US Consumers."

Read Full Story