CHINA EXPORT Q&E

How can I determine the best China Export prospects?

The U.S. Commercial Service identifies best U.S. China export prospects on an annual basis. Visit the China eBIC's Industry Page  to review reports on the leading China export industrial sectors. The page also allows exporters to China to search the U.S. Commercial Service's market research library, identify trade leads, and highlights events. Companies interested in identifying best prospects for agricultural China exports may also use this page to reach best prospects identified by the U.S.

How do I locate the import tariff applied to a particular product?

The U.S. government provides a database that U.S. China exporters may use to identify import tariffs applied by nearly 50 countries. China's tariff rates may also be found on the Department of Commerce's Market Access and Compliance Tariff Schedule.

What method of payment is recommended for China exports?

The most secure method of payment is letter of credit confirmed by a U.S. bank.
Although the Bank of China dominates China's trade-finance business, most Chinese commercial banks have the authority to issue letters of credit for imports. These include China Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China and CITIC Industrial Bank. Foreign banks with branch or representative offices in China can also issue letters of credit. Other common forms of payment are less secure.

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