subject: Import- Export With China [print this page] Import- Export With China Import- Export With China
China represents an enormous possibility to export goods and also import products & services. Companies from USA are actually exporting their items and services to China on a regualr basis despite of their trade deficit.
Over the past few years, USA exports to China have quadrupled to approximately $50 billion - that's five times faster than exports to the rest of the world.
But in addition small and medium sized companies are exporting their goods and services to China nowadays. The amount of small and mid-size exporters to China has exploded from 3,100 in 1992 to around 20,000 companies in a wide range of market segments.
Apart from well publicized expansion of Agribusiness, Construction, and Energy exports to China, significant market opportunities exist for USA companies to export into China's Industrial, Medical, Telecommunications, Machine Tools, Environmental, Infrastructure, Security and Recreation Markets - simply to name just a few of the best export market prospects. China and Hongkong is USA's third-most export country. The very first two are Canada and Mexico.
China government continously inspire USA to export a greater portion of their services and products inside 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 workplaces which foster trade with China.
Every country now eyes on China for investment. USA, alone, includes a investment of $3 billion annually with China. As well as the Chinese government support for USA companies interested in expanding into China, it has an emergence of Chinese businesses to facilitate USA Company's effective entry into China.
Significant enhancements in net profit profitability as well as return are both realistic possibilities. Starting a Chinese manufacturing presence is perhaps the most important reason to be close to customers who're situated in China.
Before China's entry into the WTO, China prevented USA businesses from distributing their imported products or providing local repair/maintenance services inside China. However, China helps and support USA company to permit export of their products to China. This allows flexibility to all throughout the China's province including Yiwu, Guangzhou etc.
