subject: Export Contracts With China [print this page] Export Contracts With China Export Contracts With China
China represents a massive possiblity to export goods and import products & services. Companies from USA are exporting their items and services to China on the regualr basis despite of their trade deficit. During the last decade, the export from USA to China has grown a lot from $50 billion, that is 5 times faster than exports to all around the world. The rise in export from USA to China isn't just reamined on the hand of big firms. And also small and medium sized companies are exporting their goods and services to China nowadays. Now there are about 20,000 small and medium sized USA firms exporting to China. The primary segment of export to China is of Agri-Business, Construction, Energy, Telecommunications, Security, Infrastructure. China and Hongkong is USA's third-most export country. The main two are Canada and Mexico. China government continously promote USA to export a greater portion of their product and services in their country. During 2006, China's President "Hu Jintao" made an arrangemnet for 200 Chinese executives to visit USA for purchasing. Also, most USA states have trade offices which foster trade with China. Every country now eyes on China for investment. USA, alone, has a investment of $3 billion annually with China. Both Chinese government and Chinese companies are wanting to facilitate successful trade with United States. Significant developments in net profit profitability as well as return are both realistic prospects. Establishing a Chinese manufacturing presence is probably an important reason to be close to customers who are located in China. Before China's entry into the WTO, China prevented USA organizations from distributing their imported products or providing local repair/maintenance services inside China. Now, China allows USA organizations to support both locally manufactured and imported products within China. This provides flexibility to all throughout the China's province including Yiwu, Guangzhou etc.
