China Business is making a good impression all over the world in the field of global sourcing. With so many facilities for the business travelers, it has become a prime spot for the foreigners who seek to expand their business.
Business in China is like discovering Eldorado. There are numerous opportunities to be grabbed and some memorable experiences to be had in China during China business for global sourcing or import and export.
-Certain features related to the China business travel are given below:
Visa: Most of the countries have Chinese embassies and consulates where visas are provided in order to travel to China. Any foreigner looking for global sourcing or interested in import/export need visa to enter in China. But there are some countries that do not require a visa when visiting Macau and Hong Kong for China business either in the field of import and export of they touch the country for global sourcing.
If the businessman is going to stay for 24 hours and has an air ticket for flying to some other place regarding China business then the visitor can enjoy a visa free visit in China within this time period. The visa provided is of two types–Type L or tourist visa and Type Z or employment visa.
Trade Shows and Exhibitions: Tourist visa can be used by the visitors to enter China and travel across the country in search of import/export companies for the global sourcing. They can bring notebook computers, cameras, and VCRs as their personal belongings during their visit to the country for China business.
In context of China business if some company wants to deal with any Chinese global sourcing company and plans to bring its products for display at exhibitions and trade shows, it has to seek advice from custom establishment for procedural regulations. The products are required to be re-exported by any import and export company within the 3 months of their entry in China.
In China business the person who is going to organize the exhibition for global sourcing or import/export must seek approval from customs in advance to avoid any problem later on. Sometimes, custom may ask for some security in the form of a signed letter or deposit.
Luggage of passengers: There is no restriction on bringing a reasonable quantity of duty free personal items by the visitors coming for China business. Businessmen coming in search of good export/import companies or coming for global sourcing from China business market may include cameras, computers, televisions, tape recorders, and stereo equipments. Advertising for global sourcing and trade samples for import and export business are excluded from customs duty if they do not exceed certain fixed value. But certain electronic items are subjected to customs duty whatever the value of the item may be.
Representative Offices: The office representatives are required to present a written application to customs office to get permission for import/export of personal items or vehicles. If permitted by the customs, it can relinquish import/export license requirement and allow the import/export of products for the use in office.
Business travel in China: Some common practices
