Importing Equipment from China might sound like a daunting task. In truth, the process is surprisingly uncomplicated and easy if one has the correct information at their disposal. Currently, China is slowly and steadily emerging as a new marketplace and global industry leader in the realm of technology and mechanization. And importing equipment from the country provides customers with significant benefits. As per the Press Centre, China is America’s second-largest supplier of goods. Unfortunately, many businesses are unaware of these perks and resort to buying expensive equipment and fail to take advantage of the opportunities offered by Chinese firms.
Benefits of importing equipment from China
- It leads to cost savings.
- Chinese manufacturing firms employ advanced technology in their production process; hence an excellent quality of the product is guaranteed.
- The products themselves are unique and innovative.
- A firm gains a competitive advantage over its competitors.
- It opens up a new market for your products (once you have reached a supplier in China, the chances that you might find a buyer for your products also increases).
- Chinese suppliers offer affordable replacement options.
- It is also possible to find parts replacements within your local area, unlike other manufacturers whose machinery lacks local replacement options.
Type of equipment that can be imported from China
The list of equipment that one may import from China is inexhaustive. However, here are a few examples:
- Gym equipment
- Indoor playground equipment
- Outdoor playground equipment
- Construction and textile machinery
Technical documentation requirements
Nonetheless, before one resorts to importing any equipment from china, one should ensure that their business complies with the local laws and regulations regarding the process. The documentation and the standards to be met, however, depend upon whether you are importing an item for commercial or personal use. The first and the most important thing is to identify your importing rights in your country:
- If you fall within the EURO, you need the EORI number
- Businesses and companies from the US need a Social Security number or an Internal Revenue Service Number, respectively.
- Canadians will need a Business Number.
- Australians, on the contrary, do not require any import licence.