Updated: Jun 29
The Chinese government is now seeking to rebalance the economy away from investment-led growth and towards consumption. The emerging focus on innovation, higher-end consumer goods and services represents a significant opportunity for UK companies.
A few thing businesses have to have in mind:
Regulation and Compliance
More importantly it can take up to 6 months to successfully start selling in China. Get step may have set backs and costly if not correctly executed. Business should factor this in when planning to enter the Asian market.
Exporting to China, you will need a import license or use an agent that has one. The regulations must be followed when dealing with Chinese authorities. As a manufacturer, specific industries require a China Compulsory Certification (CCC). Overseas inspectors will visit your factory to see if it meets the requirements set by the China Quality Certification Centre. If you produce food items, expect to have stricter labelling requirements.
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