Some common factors for Hula hoop control:
Appearance
Quantity check
Measurement(weight & size)
Basic function check
Assembly test
Rub test
Pull test
Fatigue test
Smell check
Barcode scan
3M tape test for Logo
Some common factors for Hula hoop control:
Appearance
Quantity check
Measurement(weight & size)
Basic function check
Assembly test
Rub test
Pull test
Fatigue test
Smell check
Barcode scan
3M tape test for Logo
Since the beginning of this year, The Port of Yantai in Shandong province has completed a total of 52 china-Africa liner shipments.
The number of sino-African liner shipments in The First three quarters of this year increased 74.4% from the same period last year, becoming a new growth point in the Belt and Road Initiative, according to sources from The Port of Yantai in Shandong On Monday.
Recently, the ship “Welli Mission” loaded with 14,000 cubic meters of equipment and materials for Export to Guinea left Yantai port and sailed across the Indian and Atlantic Oceans to the African continent. This is the 239th cargo export liner to Africa from Yantai Port since the operation of “Yantai – Guinea” cargo cargo liner.
It is reported, “WeiLi mission” during the port operations, port and the overseas development of shandong port group, shandong luhai international logistics group close together, fully open the domestic shipping and receiving overseas docking channel, in 1.5 a day and efficient complete 394 pieces of equipment, vehicles and building materials shipment, again to polish china-africa liner – sea express “brand.
According to statistics, Since the beginning of this year, Yantai Port of Shandong province has completed a total of 52 shipments by liner between China and Africa, including 43 shipments to Guinea and 9 shipments to social cargo sources, and its business has reached 18 ports along the coast of West Africa.
Yantai Port in Shandong province is one of the 15 coastal ports under the Belt and Road Initiative. Port power construction logistics channel in recent years, built a guinea from Africa bauxite mine to domestic end users end-to-end logistics chain, and accurate docking guinea local project requirements, using the carrier return shorts for Africa transportation engineering machinery, equipment, materials, etc., positive for the china-africa economic and trade exchange potential energy storage.
First of all, winter season is coming soon, countries to protect the supply of coal, it is the people’s livelihood problem, second, can slow down the pace of China’s exports, rising sea freight, export is too much, too strong demand, export quantity after electricity slowed, cargo ship company will certainly after sale attract less supply of goods, again, is to promote energy-saving enterprises to upgrade.
The price of a product depends on cost, which mainly includes raw materials, labor, financing costs and wastage. Then there’s supply and demand. In the past, foreign demand for China has been greater than supply in the market. Why can’t the price of Chinese products be raised? In fact, what we are talking about is not raising prices, but increasing profits.
The increase of market price is synchronous with the increase of cost, and the profit is still the original proportion. For the terminal foreign customers, even if the price of Chinese products does not rise, the high sea freight price has caused the terminal purchase cost to rise, so they will try their best to lower the purchase price in China. Also, China has too many factories for similar products.
On September 26, weihai Comprehensive Bonded Zone completed the first batch of 129 returned goods in Qingdao Customs Area, marking the official operation of the first cross-border e-commerce retail import return center warehouse in Qingdao Customs Area.? It is understood that weihai comprehensive Bonded Zone cross-border e-commerce return center warehouse is operated by Hong Xin Supply Chain Management Co., LTD., which enjoys three policy advantages of reducing enterprise operating costs and time costs, improving the supervision efficiency of the whole process of returns, and promoting the healthy development of cross-border e-commerce retail import business.? It is worth mentioning that on September 10, the General Administration of Customs issued no. 70 announcement, deciding to comprehensively promote the cross-border e-commerce retail import return center warehouse mode. ?
The price of coffee at Horse Coffee in the United States has risen because of supply chain problems caused by persistent droughts and frosts that have hit coffee production in Brazil and pushed up the price of popular Arabica beans.
Under the impact of the epidemic, “order backflow” in the textile and garment industry has become the focus of the industry.
Textile companies said their filament exports increased by nearly 60% in the first half of the year as the garment industry in India and Southeast Asian countries was hit hard by the COVID-19 pandemic and some orders were diverted to China.
According to data from China Textile And Apparel Association Industrial Economic Research Institute, India has exported textiles and apparel worth us $21.67 billion in the fiscal year 2020-2021, down 19.3% year-on-year.
CCTV reported that Indian garment companies have lost a large number of garment export contracts due to the inability of workers to go to work amid the new outbreak.
The United States has been the world’s largest economy for 125 consecutive years. However, as the US is being bitten by inflation caused by excess liquidity in the market and burdened with $28.5 trillion in foreign debt, its economic prospects are not optimistic.
The GDP gap between China and the US in 2020 is 6.2 trillion US dollars. According to the economic growth forecast of Goldman Sachs, a well-known investment bank, China’s GDP will reach 110.12 trillion yuan (about 17.05 trillion US dollars) next year, while the US’s GDP in 2021 will be about 22 trillion US dollars. The difference in GDP between the two is $4.95 trillion.
As a result, China’s GDP gap with the United States has narrowed by $1.25 trillion (about 8.07 trillion yuan).
Congestion of cargo ships at ports, quadrupling of average container freight rates.?Christmas tree prices have skyrocketed in the United States ?
Christmas is still some way off, but the price of Christmas trees in the US is already soaring.? Some Christmas tree retailers in the US have raised prices by 20% to 25% to cope with soaring shipping costs, foreign media reported.? They warned that deliveries from overseas producers were being affected by congestion in distribution networks from Asia to Chicago yards in the US. ?
In addition, the ongoing heat wave and drought in many parts of the United States this year has had a devastating effect on many trees, threatening even the large number of Christmas trees planted in the Pacific Northwest and threatening to run out of some popular varieties this year.? American consumers facing a shortage of Christmas trees and soaring prices may have to buy artificial ones for the holidays. ?
The port of Long Beach in Los Angeles is moving toward a 24-hour operation
Global shipping prices have more than quadrupled from a year ago
A large portion of Christmas trees sold in the U.S. come from Asia, but record shipping rates for containers have forced U.S. retailers to raise prices to cope with rising shipping costs. The average shippin?g price for a 40-foot container around the world has more than quadrupled from a year ago to more than $10,000, according to the Global Pricing Index of London-based DRE Shipping Consultants LTD.
Ships have been forced to drift in SAN Pedro Bay in record numbers as all anchorage along the California coastline fills up with ships loaded with containers. Snapshots from MarineTraffic, the online ship-tracking service, have needed to zoom deeper into the ocean as new queues are created every day.
At the ports of Los Angeles and Long Beach, two of the nation’s largest maritime gateways, 95 ships were lined up for berths, according to the Southern California Maritime Exchange on Monday. Of the 95 ships in the queue, 70 are container ships. Notably, 37 ships — including 29 container ships — were forced to drift in the Pacific.
In the process, ships often drift for miles and then return to their original position, which tends to use a lot of fuel. Ships at the back of the queue now have to wait up to three weeks for berths to open.
China is the largest export market in Asia.
Although the external environment facing China’s foreign trade development in the future is still severe and the factors of instability and uncertainty increase,
Chinese products are highly competitive and have the ability to quickly turn around
Market diversification has achieved remarkable results, and exports to the EU and countries and regions along the “Belt and Road” will continue to grow steadily
Stable foreign trade policy is continuously released
A moderate depreciation of the name currency will help ease export pressure to a certain extent.
From a general perspective, with the gradual normalization of the new COVID-19 epidemic in the future, global trade demand will further heat up, and the external market will drive a strong economic recovery in China.
Here are some basic steps to start the business in China.
1) Select the suppliers
Define what kind of suppliers you want to cooperate, e.g. OEM, ODM, or JDM. The suppliers can be searched from international platform, e.g. Alibaba, Amazon, Shopify, or trade shows, etc.
make a supplier audit to understand the situation of the supplier about the capability, scale, QMS, Social accountability, etc., and verify if it is a real and reliable manufacturer. (KFQ can help on this)
2) Sign the agreement
Sign the contract how to cooperate, specify the responsibilities, and protect the interests for both parties, e.g. IP.
3) Negotiate and make the contract/PI
Search/design the products you are interested, confirm the quotation, and sign on the Proforma Invoice.
4) Review the samples and make down-payment
To play safe, ask the supplier to make post production samples, evaluate the function, safety and salability, and then make the down-payment for the commencement of the production.
5) Control the quality at various productions stages
Perform inspections at different production stages, e.g. Initial production, During production, or Pre-shipment, to ensure the goods produced meet your requirements and delivery on-time. (KFQ can help on this)
Supervise the container loading to ensure right goods are stuffed into the container. (KFQ can help on this)
6) Make the balance payment per payment terms
If you are satisfied with the goods quality, release the shipment and make the balance payment per payment terms, e.g. PIA, LC, NET XX days, etc.
To maintain the sustainable good relationship, the importer and supplier should mutually support each other, and respect the contracts/agreements.