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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


Good Times by<br />

Coca Cola<br />

A social media experience that<br />

reminds you of all the good times<br />

you’ve had ,and lets you relive<br />

and Connect with your closest ones<br />

over those moments of Happiness<br />

all over again


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1 Year (12Issues) $250.00<br />

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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

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