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Tuesday, November 21, 2006

Interesting conference on purchasing in China

Good day everyone!  I'm Jeff Marquis at the business desk and I'd like to publish an article that was sent to us by our Canadian bureau.  We thought that those of you who live in Toronto Canada, or in closeby proximities, would find this conference very interesting in light of the fact that China is one of the fastest growing global economies today.  Hopefully this type of conference would find its way to us here in the United States much sooner rather than later as I really believe that we need to be paying much closer attention to those very lucrative and explosive opportunities that are just waiting for us to grab ahold of them. 
Have a great day and before you leave our website check out Untapped Wealth Discovered.  This book lends credence to the fact that Americans need to pay more attention to the demands of the Chinese and Indian economies as these two countries are just waiting for us to take advantage of literally millions of opportunities that are being driven by hundreds of millions of consumers who are very hungry for our goods, services, technology, plus so much more.
Untapped Wealth Discovered is available on Amazon as well as through this website.
Hope you find this article insightful. 
INTERNATIONAL PURCHASING IN CHINA / TAIWAN
 
 OBJECTIVES :
 The Chinese market includes a communist country in transition towards a free market economy and two administrative areas HONG KONG and MACAU from which public administration respect some democratic rights.
 
 With a population of 1,298,847,624 inhabitants in July 2004, China has exported in 2004 436.1 billions  $ USD and has become an important supply source in many sectors due to its very competitive prices and conditions. On the other hand, cultural aspects, custom systems, distance, currency, selection of good
 sources authentically Chinese are risks related to this type of supply. This program will allow you to better understand these various aspects, know the stakes and perform profitable negotiations for your company and your market.
 
TARGET AUDIENCE:
 Purchasing Agent, Procurement Manager, Manager, Importer, Agent, Distributor, Wholesaler, Logistics Manager, Banker.
 
LEARN TO:
 1- To select supply sources from ASIA
 2- To negotiate with these sources
 3- To minimize the risks for the importing company
 
SELECTION OF SOURCES:
 One of the important stakes is the power to discover the right supply sources.  There exists many ways to        find out these sources.  We will cover security means for importing companies during the selection of suppliers section.
 
CONTEXT:
 If the company wishes to do business with Chinese suppliers, it must consider certain specific aspects to the ways and customs of that country which is more and more opened to Occident especially since its accession to the World Trade Organisation, such as means of communication, languages and dialects, time zones, economical
 analyses of the market, international agreements applied in this country.
 
INVITATION TO TENDER:
 In some cases, importing companies will ask Chinese suppliers to reply to calls for tenders.  How adjust the drafting in order to reflect this reality?
 
PAYMENTS:
 There are many ways to pay the products purchased in foreign countries. We will make a listing, and will indicate the international risks of payment and the impact on the cashflow for importing enterprises and, moreover, we will
 cover the acquisition of currencies.
 
OVERVIEW:
Documentation and methodology :
 International purchasing increase the documentation to treat.  What can be asked to the supplier to get the best logistic process?  In this section, we will cover: 
  + the certificate of origin;
  + the customs documentation;
  + the recognition of counterfeit products;
  + the way to manage certain forms of corruption;
  + the determining the good choice of transporters;
  + the right use of incoterms;
  + The right choice of packing.
 
 Since the March 2003 election by the National's People's Congress (NPC) of the actual President HU Jintao and of
 the Vice President ZENG Qinghong, we are witnessing a wave without precedent of changes at all levels.
 
 There are actually 23 provinces (Sheng), 5 self-governing areas (Zizhiqu), 4 municipalities (Shi) and 2 special
 administrative areas (HONG KONG, MACAU) included in China.
 
 Furthermore, China considers Taiwan as its 24th province; situation devided with inhabitants of Taiwan and source
 of conflicts.
 
 Other specific important topics will be covered, such as :
 Government corporations and private corporations: Large/Medium Enterprises (LMES), Small et Medium Enterprises (SMES)
 Spin-Off Role
 Legal system
 Contacts and opportunities (How to do business in China)
 Enterprises index and credible information sources
 E-commerce with China
 Quality control
 Logistics and warehousing
 Canadian Embassy, Quebec Delegation in China and chinese representatives in Canada
 Banking services
 Credit, financing, insurance, guarantee and available grants
 Holidays
 Web resources on Provinces and other administrative areas
 Example of an area of China which is a business and distribution center since more than 2,000 years
 Overseas trade fairs of interest 
 
 The behaviour, the ethics, the business cultures, the vocabulary, the economic analysis, the modes of operation must
        be adapted according to the asian area with which the enterprise is planning to establish business relations.  With
 the help of an overview of that immense area, participants will be able to prepare and adapt themselves to various characteristics.
 
        WHEN AND WHERE
        The 28 and 29 Of November, 2006
        Park Plaza Toronto
        33 Carlston Court, Toronto
 For more information do not hesitate to contact us at 1-800-861-6618 or visit our internet site at www.compufinder.com
 
 To sign up or for further information, please contact Ms. Francine Dore at 1.877.726.2238
   Expert in Business Management and Advanced Technologies

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