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Our Platform /Your Growth<br />
www.tradeflock.com<br />
January- 2017<br />
No Negotiation<br />
on One China<br />
Policy Despite<br />
Trump Remarks<br />
China’s<br />
Film Week<br />
2017<br />
No Charges Will<br />
be Levied on the<br />
Payments Made<br />
Through Debit<br />
Credit Cards on<br />
Petrol Pumps<br />
Till January<br />
15, Current<br />
Season Yield<br />
of Sugar<br />
Dropped<br />
Steeply by 6<br />
Lakh Tons<br />
Chinese GDP Data Reports-C<br />
Release in January 2017<br />
What are the Ways to Import<br />
Chemicals from China<br />
Learn to Import LED<br />
Screen from China in India
Mi MIX<br />
6.4”edgeless display<br />
Xiaomi Mi Mix with<br />
6GB RAM LAUNCHED<br />
in China<br />
XIAOMI Mi MIX<br />
THE FUTURE IS<br />
Xiomi Mi Mix<br />
6.4 inch full HD ips display<br />
Qualcomm Snapdragon 921<br />
6GB RAM+256GB Storage<br />
4400MAh powerful battery
VENUE: Hong Kong Convention & Exhibition Centre (HKCEC)<br />
1 Expo Drive, Wanchai, Hong Kong, S.A.R.<br />
ORGANIZER: Hong Kong Trade Development Council (HKTDC)<br />
Contact: Ms Beatrice Lee; Miss Priscilla Luk<br />
E-Mail: exhibitions@hktdc.org<br />
Tel: +852-2240 4323/ 4132<br />
Fax: +852-2824 0026<br />
CITY: Hong Kong<br />
INDUSTRY: Apparel & Clothing Fashion & Accessories<br />
DATE: 2017/01/16 - 2017/01/19
ww<br />
Editorial<br />
How TradeFlock Impacts on Products Import-Export From China<br />
Spreading right words and information for China imports and exports<br />
is the main target and objective of TradeFlock. Via informative and<br />
accurate write ups for China Import Export Business the web portal<br />
is helping businesses. Achieving desired and calculated goals in minimal<br />
time for any business is not a daunting task if right guidance is<br />
grabbed. And TradeFlock is one of such must required helping hands<br />
to make your import/export business awesome. With various Chinese<br />
product details and frequently asked questions, TradeFlock is performing<br />
the role of helpinghands for all those import/export businesses dedicated<br />
to offer best and unbeatable quality products to their valuable<br />
clients/customers.<br />
The regular work for content and information sharing over this website<br />
for import and export Chinese products makes the businesses<br />
perfect. China imports and exports articles and blogs thru this online<br />
<strong>magazine</strong> are helpful to share awareness about import / export procedure.<br />
This process to share words is quite amazing to provide perfect<br />
knowledge to individuals and businesses.<br />
Sustaining good relations and getting perfect business goals, if your<br />
target and mission being as business individual or professional then,<br />
TradeFlock is one best help you can acquire, and for this you do not to<br />
waste your time and efforts.<br />
Poonam Mittal
Editor-in-Chief Poonam Mittal<br />
Senior Editor Ridim Agarwal<br />
Managing Editor Lalit Agarwal<br />
Visualiser Yogesh Khatana<br />
Art & Design Director Anjali Semwal<br />
Co-Designer Priyanka sharma<br />
Business Development Manager Ridim Agarwal<br />
Research Analyst Raymond<br />
Technology Consultant Thomas M.<br />
Contactus@tradeflock.com<br />
January 2017<br />
Corporate Office:<br />
Trade Flock<br />
Railway Road Gurugram, (Haryana) INDIA<br />
For Subscription: visit www.tradeflock.com
Content<br />
12<br />
Cover Story<br />
Chinese GDP<br />
Data Reports-c<br />
Released in<br />
January 2017
14<br />
No Charges Will be<br />
Levied on the Payments<br />
made Through<br />
Debit- Credit Cards on<br />
Petrol Pumps<br />
19<br />
China's Film<br />
Week 2017
20<br />
Till January 15,<br />
Current Season's<br />
Yield of Sugar<br />
Dropped Steeply by<br />
6 Lakh Tons- ISMA<br />
23<br />
Secrets of Best<br />
Gifts for Social<br />
Occasions
25<br />
No Negotiation<br />
on One China<br />
Policy Despite<br />
Trump Remark<br />
27<br />
Toyota to Get 3<br />
Times Costlier from<br />
january 1, 2017<br />
Toyota Kirloskar<br />
Motors Announced<br />
on Monday,to Hike
28<br />
What are the<br />
Ways to Import<br />
Chemicals<br />
from China<br />
30<br />
How Old is<br />
the Culture<br />
of China<br />
32<br />
Xi Announces<br />
$60 Billion of<br />
Funding Support<br />
for Africa
33<br />
35<br />
China Imports<br />
to Bolster<br />
Biggest Battery<br />
Manufacturer:<br />
Corporate India<br />
SBI Catering Job<br />
Opportunities in<br />
Villages, Earn<br />
15k Per Month<br />
38<br />
Learn to Import<br />
LED Screen<br />
from China
Cover Story<br />
The Chinese economy has witnessed tremendous growth in the last<br />
few decades that triggered such change in the country's economy,<br />
which ended up in making it the world's second-largest<br />
economy. In 1978 when China started the idea of<br />
economic reforms-then the country was in the<br />
ninth position in terms of gross domestic<br />
product (GDP) with USD 214 billion<br />
and now after 35 years, it has<br />
acquired second place with<br />
a nominal GDP of USD 9.2<br />
trillion.<br />
How Chinese economy<br />
witnessed tremendous<br />
growth in last few<br />
decades<br />
These days, China kee<br />
-ping its 3.0% fiscal deficit<br />
target, analysts expect that<br />
policy support will remain<br />
strong mainly through using<br />
the off- budget methods. On the<br />
monetary policy side, the credit<br />
growth target has been set low,<br />
which implicates narrowing the options<br />
for this year.<br />
January 2017 12
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017<br />
Chinese GDP Data<br />
Reports-C Release<br />
in January 2017<br />
to<br />
Now, people are<br />
expecting too much<br />
from upcoming<br />
meeting of Xi jinping<br />
and Donald Trump<br />
in April which could help<br />
eliminate or stand<br />
down the tention<br />
between the<br />
two nations, particularly<br />
over trade policy Chinese<br />
economists are prepared<br />
to anounce lower economic<br />
growth target for 2017 to around<br />
6.5 percent.<br />
January 2017 13
Petroleumminister<br />
No Charges Will be Levied<br />
on the Payments Made<br />
Through Debit-Credit Cards<br />
on Petrol Pumps<br />
Dharmendra Pradhan<br />
said that no customer<br />
has to pay merchant<br />
discount rate (MDR),<br />
on purchase of petroleum<br />
through credit<br />
or debit card. He also<br />
added on the topic of<br />
the non acceptance of<br />
the cards by petrol<br />
pumps that all cards "MDR is a charge levied<br />
shall be acceptable on merchants by banks for<br />
from January 13. There accepting credit and debit<br />
is still a discussion going cards payments"<br />
on between the banks<br />
and the petrol pumps<br />
about bearing the MDR.<br />
Due to the interference<br />
of PMO in the matter,<br />
the banks, petrol pumps<br />
association and the<br />
government has putting a lot<br />
of through in the matter.<br />
For now, the collection<br />
of MDR has been halted<br />
till 13th January.<br />
Pradhan said,“The petrol<br />
pump owners would<br />
have to follow the<br />
government's orders re<br />
garding the matter. The<br />
owners and banks should<br />
discuss and resolve the<br />
matter so that they<br />
along with their customers<br />
would not have to<br />
pay the extra charges".<br />
The banks have notified<br />
the dealers by sending<br />
them a notice that every<br />
transaction will cost<br />
1% charge. But the dealers<br />
are claiming to lose<br />
their margin if they pay<br />
1% charge on each transaction<br />
to the banks.<br />
January 2017 14
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017
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Cheuqe Should be drawn in Favour of: SILVERMINDS TECH & MEDIA LLP<br />
Corporate Office<br />
Trade Flock<br />
Railway Road Gurugram, (Haryana) INDIA<br />
E-mail:Contactus@tradeflock.com<br />
For Subscription: visit www.tradeflock.com
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017<br />
China's Film<br />
Week 2017<br />
The annual Chinese Film Festival 2017 is dated to start this week<br />
in the Capital of China.The film fest which is orchestrated by World Cultural Net<br />
plans to see the screening eight movies over the course of a week, in total when<br />
asked to throwsome light on the matter about the fest, coordinator of the fest,<br />
Rajendra Rimal said,“ We have been organizing this film fest since 2000, with the<br />
sole motive of improving the bond and cultural relationship between Nepal and<br />
China. We share a lot of history with China in terms of trade and politics but with<br />
the course of time, cultural exchanges were never really motivated.<br />
Capital of China will host the<br />
screening of eight movies<br />
over the course of week<br />
So, the basic goal of the fest is to encourage the bilateral cultural exchange and<br />
to let people get familiar with the Chinese society.”The fest will see the screening<br />
of movies such as Hua Mulan, American Dream In China, City Monkey, and The<br />
Message among others. The fest will be commenced amidst a ceremony to be<br />
held at Russian Cultural Centre on April 7 and after that, the movie Hua Mulan will<br />
be played on the screen.<br />
January 2017<br />
19
Till January 15, Current<br />
Season's Yield of Sugar<br />
Dropped Steeply by 6 Lakh<br />
tons- ISMA<br />
Till January 15, Current season's yield of<br />
sugar dropped steeply by 6 lakh tons-ISMA<br />
Due to the lower production of sugarcane in<br />
the country sugar production has droppedown.<br />
In the session of 2016-17, there are only 108. 80<br />
lakh tons of sugar produced in the country,<br />
which is 5.92 lakhs less than the production<br />
of the previos season.<br />
"Which State has produced<br />
16 lakh tonnes of sugar with<br />
58 sugar mills under crushing<br />
operations -Karnataka<br />
According to Indian sugarmills association, Maharashtra<br />
has witnessed 27% less production of sugar<br />
this year, whereas in Uttar Pradesh, the production of<br />
sugar has gone up by 31% this year.<br />
January 2017 20
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017<br />
Karnataka is also one of those who have contributed<br />
less production of sugar than it did in the previous year.<br />
TamilNadu has also faced positive changes in the terms of<br />
the production of sugar this year. Gujrat has produced 4.70<br />
lakh tons of sugar till January 15th whereas Andhra Pradesh<br />
produced 2.80 lakh tons. Bihar, Uttrakhand, Punjab, and<br />
Haryana have generated 7.42 lakh ton sugar this season.<br />
January 2017
LIVE FOR GREATNESS<br />
THE MILGAUSS<br />
www.rolex.com
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017<br />
Secrets of Best Gifts for Social Occasions<br />
If you are going to someone’s house then present a gift for host as it shows gratitude<br />
towards them. If you are going to a house where there are children then<br />
you must take some toys, candy, chocolates, books etc. as gift for them. If you<br />
are confused what to give then give flowers as it is very traditional but never<br />
give white flowers used for funeral. Fruits, photo frames, scarves or perfume as<br />
it is very common in Chinese culture to give fruit as a gift.<br />
"What to gift Your Chinese<br />
Friend Confused- Flowers<br />
are best Option"<br />
But remember one thing fruit must be in pair of two and not in four as four is<br />
the symbol of death and deliberated as a bad luck. But never ever give a fruit<br />
pear to any couple and don’t cut it into pair of two as it is a symbol of breakage<br />
The best gift to give your friend is Tea as it show the deepness of your friendship.<br />
Suggested gifts: Brandy, chocolate cakes. If you are going for inauguration<br />
to someone’s house then give them Vase as it is a symbol of peace.<br />
January 2017 23
No Negotiation<br />
on One China<br />
Policy Despite<br />
Trump Remarks<br />
China’s Foreign Ministry unwaveringly pushed back Saturday<br />
against President-elect Donald Trump’s recomendation that the “One<br />
China” policy on Taiwan is debatable, calling it the “political establishment”<br />
of the connection between the US and China. China sees<br />
Taiwan as a rogue territory and, since 1979; the US has recognized<br />
Beijing’s case that Taiwan is a piece of China with US-China relations<br />
ruled by an arrangement of protocols known as the “One China”<br />
approach.<br />
The 'One China' principle<br />
is the political foundation<br />
of Sino-US relations and<br />
it is non-negotiable<br />
The ‘One China’ guideline is the political establisment of Sino-US relations<br />
and it is non-debatable. We reommend the relevant side in<br />
the US to perceive the high affectability of the Taiwan issue and fulfill<br />
the promises by progressive US administrations from both sides,<br />
representative Lu Kang said. He was reacting to a question about<br />
Trump’s comments on Friday in The Wall Street Journal in which he<br />
stated, “Everything is under transaction, including ‘One<br />
China.<br />
January 2017 24
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017<br />
The promises are inclusive<br />
of adaptation of the ‘One<br />
China’ policy, sticking to<br />
the standards in the<br />
three Sino-US joint<br />
reports and legitimately<br />
taking care<br />
of the Taiwan issue.<br />
Just doing as such<br />
would prevent the<br />
sound and stable<br />
improvement of sino-<br />
US relations and in<br />
addition to the reciprocal<br />
The 'One China' principle<br />
is the political foundation<br />
of Sino-US relations and it<br />
is non-negotiable," CNN<br />
reports.<br />
collaboration in vital areas from being influenced, Lu included. The<br />
Chinese authority highlighted the global group’s view on the issue in<br />
an announcement. “There is just a single China on the planet. Taiwan<br />
is an indivisible piece of Chinese domain and the People’s Republic<br />
of China is the only legit governmental representative of China,” Lu<br />
said.“These are facts perceived by the international community and<br />
nobody can change this.<br />
January 2017 25
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017<br />
Toyota Kirloskar Motors announced on monday, to hike the prices of the four<br />
wheelers by 3% from January 1, due to increase in input cost and rise in foreign<br />
exchange rates.<br />
Reason behind increased prices:-<br />
Toyota to get 3 Times<br />
Costlier from January 1,<br />
2017 Toyota Kirloskar<br />
Motors Announced<br />
on Monday, to Hike<br />
According to the director and senior VP (marketing and sales) Mr. N. Raja, raw<br />
materials like rubber, steel, aluminum, copper etc have witnessed a lot of price<br />
changes in the past six months, which has put a lot of pressure on the manufacturing<br />
process. Apart from this, the falling value of Yen in the international<br />
market has also thrown adverse impact on the production cost. The import cost<br />
from Japan has increased resulting in the increase in input cost as well. He said<br />
that the new rates will be implicated from the first day of the New Year i.e. 1st<br />
January, 2017 leading to the price increase of 3% in each four wheeler.<br />
January 2017 27
Toyota To Get<br />
3 Times Costlier<br />
From January 1,<br />
2017 Toyota<br />
Kirloskar Motors<br />
Announced On<br />
Monday, To Hike<br />
What are the<br />
Way to Import<br />
Chemical from<br />
China<br />
Chemical tracing is puzzling, as we cannot tell the quality<br />
by the naked eye, as with other trades like toys or garments etc.<br />
Before importing factory visits are stimulates but which plant<br />
should we choose to visit ?<br />
"Go for "Gold Dealers"<br />
before importing<br />
Chemicals from China"<br />
There are more than 25,000 companies in the chemical industry<br />
in Beijing, The China Petroleum and Chemical Industry Federation<br />
(CPCIF). It is a difficult task to find the right dealer to work with and<br />
preparing through the various companies. We will share the basics<br />
of how to import chemicals from China in this article. There are<br />
many options to begin our sourcing journey.<br />
January 2017 28
January 2017 29<br />
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017<br />
To Obtain a Supplier<br />
1. B2B Gateways:<br />
The easiest way to find chemical related information is through b2b<br />
gateway. here below the uppermost chemical b2b gateways:<br />
Lookchem.com<br />
Chemnet.com<br />
Guidechem.com<br />
Chemicalindustry.com<br />
Chemicalregister.com<br />
Chemicalinfo.com<br />
Alibaba.com<br />
There is much information that you need to reduce the size before getting any<br />
valuable and related clues. We can separate dealer based on our inclinations<br />
or by gateway position standards’ like “gold dealer” etc. We can also use credit<br />
check.
January 2017 30<br />
There is infinite number of ways in an infinite number of combinations<br />
that the culture of this area could be represented through description<br />
because this is counted amongst the oldest cultures of the world,<br />
discovering and describing thousands of years ago. The area in which this<br />
culture is prevalent also includes a large geographical portion of Eastern<br />
Asia with the huge differences between the traditions and culture of the<br />
nations, states, cities and what not. Key ingredients of Chinese culture are:-<br />
Ceramics<br />
Music<br />
Architecture<br />
Martial arts<br />
Literature<br />
Cuisine<br />
Visual arts<br />
Philosophy<br />
And at last, religion.<br />
How old is<br />
the Culture<br />
of China<br />
"Which country carries<br />
a history and culture of<br />
5000 years- CHINA"<br />
There are 56 ethnic groups in China which are officially announced. The<br />
largest group amongst all of them in terms of numbers; however, is Han<br />
Chinese. With the passage of time and on going history, many groups have<br />
emerged in the neighboring ethnicities and vanished, just like that. But in<br />
the mean while,
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017<br />
many within the Han identity have managed to be distinguished by linguistic<br />
and regional cultural traditions. China carries a history and culture of 5000 years.<br />
The prosperity in people’s life here has derived from the essence of Chinese<br />
culture. If you want to explore Chinese world then the Chinese culture is the best<br />
getaway for that. Being a country of the Far East with a long history, China has<br />
adopted many symbols which are world-famous now. From the mythic totems<br />
to the spectacular culture and art, from the sky scrappers to the premium<br />
products, from the sacred mountains to the Mother Rivers, this country has it all.<br />
These matchless treasures are considered the greatest assets of China and associated<br />
with the Chinese nation or the country.<br />
January 2017 31
Xi Announces $ 60<br />
Billion of ‘Funding<br />
Support’ for Africa<br />
Johannesburg: Chinese President Xi Jinping<br />
announced Friday that the country will pledge a new round<br />
funding support to Africa’s development worth $60 billion.<br />
Jinping declared it held in a seminar for African leaders.<br />
“China decides to provide a total of $60 billion of funding<br />
support that includes $5 billion of grants in zero interest<br />
loans (and) $35 billion in preferential facility and export<br />
credit loans and concessional loans”, he said.<br />
January 2017 32
January 2017 35<br />
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017<br />
SBI Catering Job<br />
Opportunities in<br />
Villages,Earn<br />
15k Per Month<br />
SBI youth fellowship is a thirteen month program, under<br />
which graduates and young professionals get associated with<br />
prestigious non-government organizations for working in villages.<br />
Through this program, the young fellas do not only learn about<br />
the art of entrepreneurship but also about how to lead a project.<br />
These projects can work as a stimulus for the development pattern<br />
in the rural areas. There are various other plans included in fellowship<br />
program, which involve educating the children and training people to<br />
become a better entrepreneur.<br />
Other benefits of fellowship program:-<br />
As mentioned in this program, you will not only get a stipend of<br />
15k but you will also get a readjustment allowance of 30k. You will<br />
get additional 1k as travelling allowance and the cost of training<br />
and medical insurance will also be covered under this program only.<br />
You will get a golden chance of working with renowned NGO’s and<br />
various other organizations. You will get the tips for successful entrepreneurship,<br />
straight from the experts.
The biggest battery maker of country is Eveready Industries<br />
India Ltd, plans to step up imports of Chinese goods to meet demand<br />
for portable power systems as it pursues to reverse the worst loss in a<br />
decade. The Kolkata based company is calculating on its new Chinese<br />
made, to boost sales in the South Asian nation known for blackouts that<br />
last as long as 16 hours a day, Eveready branded presenting including<br />
compact smartphone chargers and rechargeable lamps.<br />
January 2017 36
January 2017 37<br />
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017<br />
China Imports to<br />
Bolster Biggest Battery<br />
Manufacturer:<br />
Corporate India<br />
In an interview Director Amritanshu Khaitan said that Price increases<br />
to compensate for increasing input costs and an extended portfolio will<br />
help income enter dual number progression in the year starting from<br />
01st April The company which accomplishes the 107 years old brand<br />
is boosting its mobile energy solutions beyond dry cells and flashlights<br />
as policy makers in third biggest economy of Asia struggle to bond an<br />
average 9 percent power discrepancy.<br />
"The biggest battery<br />
maker of country is<br />
Eveready Industries<br />
India Ltd"<br />
18 percent shares of Eveready have dropped in the past year compared<br />
with a gain of 16 percent in the benchmark Sensitive Index, over March<br />
2012, the most subsequently 2002, after the company stated a loss of 799<br />
million rupees ($15 million) in the 12 months.“We felt we want to take<br />
the next step in re-inventing the brand in positions of innovation,”. “The<br />
method power projects are being postponed, I see in 05 to 10 years, India<br />
being power shortage. I see good demand going onward.” Khaitan said in<br />
his Kolkata office.
January 2017 39<br />
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017<br />
Learn to Import<br />
LED Screen from<br />
China<br />
There is a huge requirement to import LED screens from<br />
China,several importers wants to import it, But as an importer<br />
you need to be cautious before importing a LED<br />
screen having desired specification. You might get a new<br />
kind of experience<br />
"Who is the world’s centre<br />
of electronics manufacturing<br />
-Shenzhen in China"<br />
Propinquity to the subcontractors is a serious element in<br />
manufacturing. In an LED screen assembling hundreds of<br />
components are required. That’s why transportation cost<br />
and delivery times matters. It is not a small task to<br />
manufacture LED screens. It requires a well-known quality<br />
management systems (QMS) which is a difficult process but<br />
not limited only to the quality assessment of incoming<br />
material or components, QC over production cycle, or the<br />
testing of the <strong>final</strong> products. It is recommended by Trade<br />
Flock that there is no additional knowledge is required to<br />
import a LED screen but you are safe if you prefer the ISO<br />
certified suppliers e.g. ISO-9000 or ISO-9001. So Trade Flock<br />
always endorse that to import LED screens you should go<br />
for an ISO certified supplier with good registered capital.<br />
There is no exact scale to measure for good supplier but<br />
we recommend suppliers with registered capital is more<br />
than $3 million.
January 2017 40
January 2017<br />
Chinese GDP Data<br />
Reports-C Release in<br />
January 2017<br />
LED Screen regulations<br />
and safety standards<br />
If you belong to the United States, Canada, Europe or Australia. Then you<br />
got a trouble. You’re not simply permissible to import LED screens, only LED<br />
screens compliant with appropriate product guidelines. Rule of law and consumer<br />
protection can be a pain sometimes.<br />
Confirming submission would be simple, if it were not for the point that<br />
stating any of the serveal certification principles in the EU or US leaves most<br />
Chinese suppliers inexperienced. While LED screen manufacturers are more<br />
probable to have their papers in place than suppliers in further industries, it<br />
is not to be taken for granted. The first thing you shall do hen communicating a<br />
new supplier is asking them if they are compliant with any of the following .<br />
certification principles or not:<br />
CE RoHS or CE EMC Class A or EMC Class B<br />
(European Union)<br />
FCC, EMC, or UL(United States)<br />
So it is advisable to validate supplier for compliances in safety guidelines before<br />
placing an order otherwise you might face some issues of product recalling or<br />
even a complaint in case someone is wounded.<br />
41
Things You Should<br />
Know Before Visiting<br />
China