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Made-in-China Medicine Testing the World MarketMany pharmaceutical companies in China are hoping to pass major international certifications, such as certifications from the WHO, EU and Australia. "It is likely that 20 pharmaceutical companies can obtain international certifications this year," said Mr Yu Mingde, a vice-director of China Pharmaceutical Enterprises Management Association. Temptation from the outside 2007 was another record year for China's western medicine export value, up 56% to US$784 million. However, most medicines that went to big markets such as Japan, Korea and Australia were products from foreign companies in China, mainly in the form of export processing trades. Products made by domestic Chinese companies were exported to low end markets such as Nigeria and Pakistan. As Chinese pharmaceutical companies are still weak at proprietary R&D, most of their products are generic copycat drugs. Yu revealed that "the big three markets of EU, US and Japan
Where to Find Reliable Wholesale Suppliers and Drop Shippers?It is essential to know the kind of products to sell and to know the most reliable suppliers of these products when establishing a retail business of wholesale products online. As a newbie of this business, it is important to learn some fundamentals before engaging into retail businesses. The first thing to do is to search for a specific niche. This targeted niche should have wholesale products that are already popular to buyers. Some of the popular niches are accessories, clothing, and appliances. This is one way of focusing the business into a smaller sector. Also, try to consider that part of planning the business by knowing where to find these items since they can be very complicated to locate. To ensure a profit from this business is to find items having lesser prices. These can be found from a reputable wholesale supplier. Then, the newbie could turn to manage a business online. He has to know that wholesale products are bought i
Steps To Attend The Canton FairIf you are looking to promote your business in Guangzhou, then Canton Fair is the best event. The trade show is the largest event that is organized in Guangzhou China and is the best platform that showcases China trade. Therefore, it becomes very essential for all business owners to participate in this event, if they want to promote their business in Guangzhou, in particular, or in China as a whole. Given that the Canton Fair is one of the most important events that's organized in Guangzhou, there are certain formalities that need to be fulfilled in order to attend it successfully. Firstly, it is important to obtain an invitation for attending the fair. This can be obtained from a variety of sources including the Foreign Liaison Department of CECF, The Economic & Commercial Counselor's office (Section) of the Embassy (Consulate) of P. R. China, and The Local Representative Offices of China Council for the Promotion of International Trade (C
How to Import from China into the USAYou have to do your research before you import from China into the USA. You've got to make a list of Chinese exporters or suppliers and then ask them a variety of questions to see which one would work best for your needs. You also have to find the most suitable US reseller for your product and arrange for it to be imported appropriately. There are also many procedures you have to be careful about along the way, but don't worry -- wikiHow's got everything you need to know about how to import from China into the USA. Steps 1 Select a product to import. The first step to successful importing is choosing the right product. This can be more difficult than simply selecting the cheapest item available, or the one, which will allow for the highest mark-up. Some guidelines to follow when selecting your product include: Choose a product you love. Passion will keep you motivated and it is contagious, so others will fall in love with your product m
How to Buy WholesaleThere are opportunities to buy almost anything at wholesale prices, whether you want to buy everyday items or specific products for resale. Once you begin your search, you will see that opportunities to find wholesale buys exist almost everywhere. The process to get started is easy and your contact list of wholesalers will grow quickly. Steps 1 Get your necessary tax documents and licenses in order. In most states, you'll need to obtain a tax ID and/or license because the wholesale products you are buying are often not yet taxed. Before you begin looking for the best wholesale deal, try to get the following so you can quit worrying about legal and get serious about making money: Obtain a federal employee ID number from the IRS. The application form is available online at the irs.gov website. You are eligible to get this permit as a sole proprietor of a business. Get a federal and state tax ID numbe