Industry accounts for 49% of the Chinese GDP (including 6% of the construction sector). Principal industries in China are mining industry (world leader in reserves of tungsten , molybdenum and titanium), the coal industry (world leader in coal production and consumption), metallurgical, petrochemical, naval (18% of worldwide production, 3rd world producer), cars (6.6% of the GDP), energy (second producer in electrical energy). China is also the 1st world producer of electric household appliances products (1/3 of the worldwide production), 3rd producer in data-processing products (2nd for the PC), the 1st world producer of toys with 70% of worldwide production, 1st world producer of shoes and finally the 1st producer and exporter country of textile.
Manufacturers Associations of the Main Industries
113 professional associations listed for China.
Type of Manufacturers
Original Equipment Manufacturers
Chinse OEM's are in automobile industry aeronautics industry, mobil phone industry and laptops. Many of these OEM are at the same time, ODM's.
Original Design Manufacturers
The ODM in China specializes in the manufacture of electronic products with a cost advantage. Certain ODM are well internationally established OEM. Several startup are specialized in wireless, digital products or instrumentation. Some examples are: China Electronics Corp., Panda Electronics, Shinko Electronics.
Subcontractors
China is one of the 3 great centers of international subcontracting. Subcontracting is particularly developed in China in the textile and shoe industry, in the mechanical engineering and machinery industry. China has cheap labour, university graduates speaking foreign languages and a telecommunication network and an ever expanding Internet.
Printed matter, manuscripts, films, photographs, audio cassettes, VCDs, data-processing storage media, etc considered harmful for national security; antiquities and other cultural articles created before 1949; rare and endangered animals and/or plants including their specimens and seeds, the natural bezoars, the musk, platinum, electronic products or machines used, bones of tiger, horns of rhinoceros, ivory, products made by prisoners, medicinal plants and stamps more than 100 years old cannot be exported.
Export Taxes
No export tax. But the VAT (17%) nonrefundable in the event of export, can however be regarded as export tax.
Export Clearance
Formalities are carried out by the import/export company. In general, the supplier provides:
-invoice -packing list - certificate of origin -Fumigation -Customs declaration
Necessary Declaration
- Country of origin - Value and description of the merchandise - Composition of the merchandise - Finished/semi-finished - Name/contacts of the supplier - Destination of product - Recipient - HS code
The largest port is Shanghaï, with an annual ocean freight of 250 million tonnes. Each year, Chinese ports dispatch 5.6 billion tons of goods and 93 million of containers. Goods transport by road represents approximately 12 billion tons of freight. Road transport accounts for 13% of cargo in China. Air transport represents approximately 2.2 million tons of freight of merchandises. Railroads are the principal mode of transport and the cheapest solution for long distance freight. Each year, railroads provide the transport of 1,500 billion tons kilometers of goods.