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home | course outlines | international purchasing in China / Taiwan

 
  Course Name:
  International Purchasing in China / Taiwan
Overview : The Chinese market can be defined as a communist country which, at the same time, is in transition towards a free market economy within which there are two main areas, HONG KONG and MACAU, wherein certain more democratic principles are upheld by the public sector.

With a population of 1,298,847,624 inhabitants reported in July 2004, The People’s Republic of China exported US$ 436.1 billion in that same year and has become an important supply source in many sectors due to very competitive pricing and conditions. On the other hand, cultural aspects, customs procedures, distance, currency, and the challenge of sourcing good, reliable Chinese suppliers constitute some of the risks involved in this choice of supply-market.

This session will allow you to better understand these specific aspects, become familiar with the advantage and disadvantages and negotiate profitable arrangements for your company and your market.

Target
Audience :
Purchasing Agents, Procurement Managers, Managers, Importers, Import-export Agents, Distributors, Wholesalers, Logistics Managers, Bankers.
Aims :
  1. Select supply sources in ASIA
  2. Negotiate with chosen sources
  3. Minimize importer risk
Content : If a company wishes to transact with Chinese suppliers, as the country becomes more and more open to Western trade, particularly since joining the World Trade Organisation (WTO), one must first consider certain realities, customs, conventions and ways of doing business concerning communication methods, language and dialect, time zones, market analysis methods and international accords in effect, all of which are specific to a country such as China.
Choosing Sources : One of the important elements is being able to find and identify good suppliers. There are several sourcing methods available. We will present assured methods for importers when seeking out reliable supply sources.
Calls for tender : In some cases, importing companies will ask Chinese suppliers to answer calls for tender.

How do we adjust our requests for proposals in order to reflect local realities?
Particularities of the greater geographical region :

Since the March 2003 election of the current President HU Jintao and Vice President ZENG Qinghong by the National People's Congress (NPC), we are witnessing a wave of unprecedented change on all levels.

China is currently made of up 23 provinces (Sheng), 5 self-governing areas (Zizhiqu), 4 municipalities (Shi) and 2 special administrative areas (HONG KONG, MACAU).

Furthermore, China considers Taiwan as its 24th province - a view that is not shared by inhabitants of Taiwan and hence, a source of conflict.

Other significant topics will be covered, such as :

  • Government corporations and private corporations: Large/Medium-Sized Enterprises (LMSE),
    Small and Medium-Sized Enterprises (SMSE)
  • Role of "Spin-Offs"
  • 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, guarantees and available grants
  • Holidays
  • Web resources on Provinces and other administrative areas
  • Example of a part of China which has been a business and distribution center for over 2,000 years
  • Overseas trade shows of interest

The behaviour, ethics, business culture, lingo, financial analysis, and operating methods must be adapted to the Asian region with which the business is planning to establish business relations. Equipped with an overview of such an immense area, participants will be able to prepare and adapt themselves to the various characteristics and peculiarities.

Documentation and approaches : International purchasing increases the amount of documents to process. What can the supplier be asked to do in order to set up best possible logistical procedures? In this section, we will cover :
  • Certificates of Origin;
  • Customs documentation;
  • Recognizing counterfeit products;
  • Managing various forms of corruption;
  • Carrier selection – finding the right methods;
  • Right use of incoterms and choosing the right packaging;
Payments : There are many ways to pay for products purchased in foreign countries. We will make a listing, and will indicate the risks of overseas payment and the potential impact on cash flow for importers and, moreover, we will cover currency acquisition.

To sign up or for further information, please contact Maryse Morin
at 450-226-2238 or 1-800-861-6618

Online registration  ]




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