2015年7月29日 星期三

Practical guide on how to verify chinese company?

Thanks to ecommerce, companies in US are able to sell products/service to China, a country you have not yet visited, you don’t speak the language, you are not aware if the legal systems are similar, you don’t know and don’t have the resource to know if the counterpart Chinese companies are real.

So we face a question: How can I check Chinese company? How to check the legitimacy of your Chinese buyers/partners? Are they a real company.

Some facts:

China don’t have a organization like BBB(Better Business Bureau) in US, where you could check the legitimacy and background of a Chinese company.

Chinese administration of industry and commerce is the governing body that in charge of company registration. However, they don’t have a nationwide website or database system that open to public to inquiry the authentication of Chinese companies.

Sourcing China blog recently published an excellent article, sharing how to verify Chinese company without visiting their premise. Here are some tips on their blog,just for chinese authentication:

1) Do they have company bank account

Only legally incorporated companies can have business bank account. If the Chinese company insist you to pay their personal account only, be cautious.

2) Visit local AIC websites

Even though the national AIC don’t have a nationwide system allow you to check the legitimacy of Chinese company. However, some(not a lot) local AIC do allow you to use their websites to check the legitimacy of Chinese company.

3) Websites and Email

If they don’t have websites, use public email account like 163, sohu, sina, it is negative.

4) Hongkong offshore company

Be cautions doing business with Hongkong company, but operates only in mainland China. They are shell company. Read this article to learn the risk.


http://www.cnbizsearch.com/search/authentication
 

2015年7月23日 星期四

Reports in China: Progress or Greenwashing?

"Corporate Social Responsibility" Reports in China: Progress or Greenwashing?

Over the past decade, an increasing number of Chinese companies have begun to produce corporate social responsibility (CSR) reports. Whether that’s led to more sustainable business practices is an open question.

In 2006, State Grid was the only company in China to file a CSR report. In 2012, 1,722 Chinese companies filed CSR reports, according to a study by Syntao, a sustainability consultant. Indeed, almost a quarter of large state-owned enterprises in China filed CSR reports last year.

In theory, the purpose of CSR reports is to share information about a business’s social and environmental impact with the public. Ideally, the publication of such china credit report leads to enhanced awareness, better monitoring practices, and action to curb detrimental occurrences.

Yet while some Chinese companies have received international recognition for enhanced CSR reporting, it’s not clear the trend has translated broadly into more socially and environmentally sound policies. As Chris Marquis, an associate professor at Harvard Business School, and Yang Chen, an associate professor at Shanghai Maritime University, wrote on Dec. 5 in the online magazine Chinadialogue, “some of the same companies that were lauded for their reporting work were not necessarily following through with more responsible actions in the rest of their enterprises.”

Marquis and Yang pointed to several examples, including Baogang Group, a steel company in Inner Mongolia. The company “claims to have invested tens of millions of dollars a year in environmental protection and waste processing, and has also been recognised for its CSR and sustainability activities,” the researchers write. However, earlier this year pollution from Baogang’s facilities near the village of Dalahai was linked to “unusually high rates of cancer, along with high rates of osteoporosis and skin and respiratory diseases, and the radiation levels are ten times higher than in the surrounding countryside.” Obviously, not a sign of its commitment to principle.

At the very least, some Chinese authorities appear to have embraced the concept of corporate responsibility. In November, the Chinese Academy of Social Sciences released a blue book, or official report, on the state of CSR in China, which recommended improved reporting guidelines. Currently, the Shenzhen Stock Exchange offers training on data collection and corporate reporting methods. That makes smart business sense, as unsustainable practices may prove a future liability to growth. Even smog-choked China is looking for ways to clean up.


http://www.cnbizsearch.com/search/creditreport


 

2015年7月20日 星期一

Need a scooter?

If you are looking for a good commuting option within a campus, then 2 wheel electric standing scooter that runs on battery is the way to go. The educational or residential campuses and institutes are always well maintained, and therefore it becomes a problem when everybody begins to use vehicles within these; especially if, the vehicle causes a lot of pollution and eats up road space.

Self balancing scooters that are battery operated in that way are much better. These are sleek looking, trendy and take very less space on the roads and needs little space for parking. The self balancing scooters provided by Free Feet Technology Co. Ltd., are known for their unique designs and superior quality. These self balancing scooters are loved by one and all for their user friendliness and amazing features. These are lightweight scooters can be used anywhere and everywhere. If you are looking for vehicles that take less amount of space, are easy to carry and allows you to be close to the nature then these self balancing scooters manufactured by Free Feet Technology Co. Ltd., are the best grade electric scooters you can opt for in China.

Electric scooter is now in rage; all nature friendly people are now switching from the conventional bicycles to these self balancing scooters. Since, these are considered as the best electric scooters in terms of space consumption, eco friendliness, trend and ease of use for people belonging to all ages.

You can take these self balancing scooter wherever you go and do not have to worry about commuting. With the invention in technology you no longer have to ask people around you to reach a particular place during tours and travels. If you are going out on a long drive, or if you want to go visit some place in the outskirts of the city then carry these self balancing scooters with you in your luggage or in the trunk of your car, this way you will not have to worry about taking a cab or other means of transports and paying them extra for sightseeing. All you will need is a GPS in your phone and yourself balancing scooter.

Xinli is the leading manufacturer of segway style scooter. Visit website: escooterchina.


http://www.escooterchina.com/

2015年7月14日 星期二

Picking Out Your Electric Scooters

Electric scooters have substituted the necessity of engine scooters in a large way. In the present time electric scooters have become equally popular among the kids as well as among the adults. This is a good alternative of conventional scooters and is a very cost effective solution. And the most important reason behind such a massive popularity of these scooters is its eco-friendly functionality. Since electric motor scooters are run by battery and there is no need to fuel or gas consumption, it doesn’t produce any smoke or sound. This is how it maintains the equilibrium of the eco-system.

Another very positive fact about these scooters is the easy maintenance solution. Electric scooters require very low maintenance. You don't need to change the engine oil, don’t need to fill up the fuel tank, you don’t need to visit service center at a regular interval, it is very easy to maintain. You just need to charge the battery on a daily basis for a period of around 6 to 8 hours. And with this amount of charge, you can travel up to 30 to 35 miles. And the speed is also enough. Users can enjoy a highest speed of 30 miles per hour which is pretty decent.

Different models of electric scooters are now available in the market. And these models are mainly designed keeping in mind the age of the users. The power of the engine varies largely with the scooters. It starts with 100w engine and there are engines which are as powerful as 1600w or 2000w. Obviously, high power engines are for adults. Most adults will choose 4000w electric scooter. There are options for kids ageing 4 to 6 years and there are options for adults. This scooter is for all. And now anybody can buy electric scooters from online. There are numerous online electric scooter suppliers who offer these scooters through their online shop. You just need to choose your model and make the payment. Your scooter will be delivered at your house.

At lifestyle Mobility they aim to please and assist people who at other times would not be able to move freely or enjoy a life that was independent. This comes from the fact that they sell electric scooters that will help assist people to get about and to be able to do every day things, they may not otherwise be able to do. At least not without the help of another person.


http://www.escooterchina.com/products/ESOII-2015-Newest-4000W-Motor-Two-Wheels-Self-Balancing-Electric-Chariot-View-Self-Balancing-Electri.html
 

2015年7月9日 星期四

China credit rating

Just as consumers check to make sure a business is legitimate before they buy, you likely do the same before your business has dealings with someone new. Whether you're looking to buy from a supplier, donate to a non-profit organization, or collaborate with another business on a project, you want to make sure you aren't taking unnecessary risks.

If you're dealing with a federally incorporated business, your search should be straightforward as those businesses are listed in Corporations Canada online database. Generally, all businesses — even federally incorporated ones — have to register in the province or territory in which they do business. This includes corporations, partnerships, and sole proprietorships (except those operating under a person's name). You may wish to seek information from the provincial registrars, some of which are available online, particularly when dealing with smaller businesses.

There are several ways you can investigate a business:

    Look it up. Do an Internet search using whatever information you have (name, address, phone number) and visit or call to see if it is what it claims to be.
    Put the word out on social media and look for online reviews. If the business has a presence there, someone will likely be talking about it or to its representatives.
    Ask for references from suppliers or clients (this option may not work for a very new business with few or no previous clients).
    Check with industry or trade organizations in your province or territory.
    Check with the Better Business Bureau; it provides reports on businesses and charities in both China and the United States.
    Search the china credit rating database; it's a voluntary registry, but many small Canadian businesses are listed.

Once you've verified to your own satisfaction that a business exists, it is wise to proceed with caution. If you decide to do business with someone you haven't dealt with before, you may want to start with a smaller, less risky transaction (if possible) to see how things go, until you feel comfortable that this is a business you can trust. This will also allow you to see how the business operates in terms of deadlines and customer service. If you are not satisfied, or something still doesn't seem right, you may decide not to proceed.

Verifying information is important to protecting your business. Find out about other ways to keep your business secure and to minimize risk.


http://www.cnbizsearch.com/