3C, officially named China Compulsory Certification, abbreviated as 3C certification. Organization and implementation. For products subject to national compulsory certification, the state issues a unified catalog, determines applicable national standards, technical regulations and implementation procedures uniformly, and establishes unified labeling.
There are a variety of payment methods in foreign trade. The following introduces several common foreign trade payment methods for your reference. Common foreign exchange collection methods include L/C (Letter of Credit), T/T (Telegraphic Transfer), D/P (Documents against Payment), D/A (Documents against Acceptance), O/A (Open Account). Different payment methods carry different risks.
The General Certificate of Origin adopts a nationally unified certificate format, with one original and three copies. The original features light blue watermarks with the Great Wall pattern as a shadow, while the three copies are yellow. The certificate is filled out in English, and there are twelve types of certificates.
For goods exported to Egypt, ACI certification is required. The consignee must first pre-declare the goods in the local system to obtain an ACID number, which must be provided to the shipper. Failure to provide the ACID number will result in the goods being forcibly returned to the port of shipment and fined.
People in foreign trade often hear two professional terms: document customs declaration and purchase declaration. Lets take a look at the two customs declaration methods you need to know in trade.
How many types of letters of credit are there? Classification of letters of credit, how many types of letters of credit are there, and how to distinguish between them. Below is a detailed guide.
The air waybill is a transportation contract between the carrier and the consignor, as well as a receipt for goods issued by the carrier or its agent. The air waybill can serve as foundational documentation for cargo confirmation and accumulation, and as a basis for customs inspection and clearance. However, the air waybill is not a bill of lading representing the airline. The consignee name and address in the air waybill must be written in detail and cannot be made to order.
The Ocean Bill of Lading is a receipt issued by the carrier after receiving the goods, and also a voucher for the carrier to sign the transportation contract. The bill of lading also represents the ownership of the goods carried and is a document with property rights.
A letter of credit (L/C) is a document issued by a bank (the issuing bank) at the request and instruction of the importer (the applicant) to the exporter (the beneficiary), authorizing the exporter to draw drafts payable by the bank or the importer. Payment must be accepted and made upon presentation of drafts and documents in compliance with the L/C terms. The letter of credit is the most commonly used primary payment method in international trade.
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