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Which City is the Financial Center in China?There is a long time debate in China about the following question: Which city is the financial center in China? If you raised this question 10 years ago, the answer is definitely Hong Kong, but now Shanghai is catching up really fast, and Shenzhen, a city near Hong Kong, is grabbing more attention. Shanghai used to be the financial center of China for a long time. When I travelled to Shanghai I heard quite a lot people talking about the old Shanghai, they said the city used to be called the Eastern Paris in the early 20th century. That city became history when the Communist took power and shut down all stock activities. The old stock dealers were worried about their asset being captured by the government, they chose to leave Shanghai to Taiwan or to Hong Kong, which made this small city full of financial talent. Due to the immigrants coming to Hong Kong, the city developed really fast after the second world war, and made it become a am
How to Buy Wholesale from ChinaWhatever type of business you are in, there will always be competitors. As a business owner, you’ll definitely be happier when your business is on top of others. But you’re also worried when others are getting their way up to your position. Competitors employ different strategies in business. When you notice a competitor selling the same items at prices less expensive than yours, your competitor will definitely be on top of every customer’s list. This has been made possible because your competitor has obtained a good wholesale price. Through this, both of the competitor’s sales and profits will increase. If you’re a new seller, making massive orders may not seem like an advantage at your end. Large investments are needed which might make you hesitant. However, if you can do it, then give it a try. Doing so will really increase your sales since taking on massive orders is actually cheaper. This should be your goal. When you say massive orders, you will usu
How To Source And Import From China - Managing RiskImporting products from China is a great way to locate new business opportunities and increase profit growth. While the initial stages can be complicated, the payoff in terms of both immediate profit and long-term success is tremendous. Sourcing products from other countries, however, comes with its share of potential risks. It is recommended that first-time buyers follow certain precautions before embarking on any potential transaction. Locate The Right Product The first step is to locate a suitable product that interests you. Try to obtain as much information as possible about the demand for prospective products in your local market. Make sure that sourcing your chosen product from China is truly a cost-effective proposition. Factors like retail margins, VAT, insurance, taxes and freight and currency differences all affect the final retail price and many first-time bargain hunters end up sourcing a product at a price that is too high
Distribution of Promotional Gifts for Upcoming Festivals for Brand VisibilityFestival season is approaching and the countdown has begun. Now, people are planning to express their warm wishes to dear ones with something impressive, unique, but affordable. With the starting of countdown for festival season (Christmas and New Year), business from various domains, small to large organizations, clubs, and corporate entities are also planning to retain their existing customers with something special; while planning to express their wishes to their employees, distributors, wholesalers and even potential clients with beautifully packed and useful gift items. Presenting latest and trendy gift items to existing customers, employees, potential clients, distributors, wholesalers, and people who are also in touch with your business is a good idea of celebrating festival season and at same time promoting business. Needless to say, it is one of the economic and best ideas of retaining customers and paving way for branding. As far as
Maximizing Your Wholesale Clothes PromotionsWholesale clothes are now among the popular clothes sold in the market. Not only that they are already starting to be fashionable but they are also cost-efficient for consumers. Aside from clothes, wholesale sunglasses and other accessories are made to be available for people who would like to save money for their fashion style. The demands in the market cause the number of wholesalers increase in a short span of time. If you think of doing the same business, you have to understand how crucial it is to promote your products to gain clients. And when it comes to selling clothes online, it gives you a number of different options to advertise the products you are selling so you will make your business more competitive than before. Online promotions through catalogs If you will look at different sellers, they have their own catalog that will show people the products that they offer. Instead of getting the catalog printed out on paper, the