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Sourcing marketplace Global Sources has partnered with Shenzhen Globex e-Services to develop a new cross-border trade system for China-based exporters.
The new service aims to include:
- Electronic customs declaration and clearance.
- Full integration of customs, banking and shipment information.
- The completion of tax refund applications directly to the exporter's account.
Participating buyers and sellers would gain visibility over all stages of the trade process, including payment, product inspection and shipment status.
Expected to launch in early 2017, the service is to be made available through the Global Sources website. It is designed to support B2B buyers who require rapid delivery times for ready-to-order products.
Craig Pepples, Global Sources' CEO, said: "We are committed to supporting the increasingly rapid pace of global trade. Buyers can now use our website to distinguish between products available for OEM manufacture and those available for immediate resale in physical stores or through online sales channels. Our planned new service enables our buyers to take the next step and conclude a transaction for ready-to-order products, vastly shortening their time to market."
Oliver Wu, General Manager of Shenzhen Globex e-Services Inc., said: "We are excited to announce this planned partnership with Global Sources, a leading facilitator for global trade over the past 45 years. Our comprehensive e-commerce services, combined with Global Sources' integrated export marketing offering, aim to provide buyers and suppliers with a more effective and efficient process to conduct trade."
Source: Global Sources
Chinese sourcing marketplace and trade show organizer Global Sources has appointed Craig Pepples as their new CEO.
Pepples was previously named Deputy CEO with effect from Oct. 1, 2016, following the announcement that former CEO Spenser Au would retire from Global Sources at the end of 2016.
Merle A. Hinrich, Global Sources' executive chairman stated: "We are excited for Craig to take on the role as Global Sources' new CEO. Since joining the Company over 30 years ago, Craig has accumulated in-depth knowledge of many parts of the business, including sales, marketing and operations, as well as having established himself as a B2B media expert. I would also like to thank Spenser for his 39 years of service to the Company, the last five of which were as CEO. Spenser was instrumental in making this leadership transition a smooth one. I congratulate him on his retirement and wish him nothing but the best in the years ahead."
Source: Global Sources
Chinese sourcing marketplace and show organiser Global Sources has said its Spring China Sourcing Fairs will feature more than 6,800 suppliers.
The huge event, to be held in April in Hong Kong is a combination of eleven trade shows including Global Sources' first show dedicated to mobile and wireless suppliers.
The April 12-15 China Sourcing Fairs are Electronics & Components, Mobile & Wireless, Security Products, and the Korea Sourcing Fair: Electronics & Components.
China Sourcing Fairs to be held April 27-30 are Gifts & Premiums, Home Products, Fashion Accessories, Garments & Textiles, Underwear & Swimwear, India Sourcing Fair: Garments & Accessories and the Korea Sourcing Fair: Gifts & Premiums.
Source: Global Sources
Manufacturer directory Global Sources has added a free supplier credit checking service.
The service, called Credit Check and developed with partner Verify Limited, provides buyers with online credit reports on Greater China suppliers. Credit Check provides data on up to 13 different legal and financial business areas, including corporate status, shareholders, licenses and permits.
Companies listed on Global Sources that have opted to participate in the program will carry a 'Credit Check' logo to show their information has been verified. Buyers can click the logo to access detailed credit information.
More extensive reports are planned for later in the year, and will include credit ratings, litigation, banking relationships and risk analysis metrics. Buyers will be able to purchase these additional reports online to check any Global Sources supplier.
Valued at over 40 million dollars, the agreements include a license to host a new show from 2009 through 2012, in addition to the Electronics & Components, Fashion Accessories, Underwear & Swimwear and Gifts & Home Products Fairs currently held every April and October at AsiaWorld-Expo.
Global Sources' chairman and CEO, Merle A. Hinrichs, said: "More than 81,000 buyers attended last October's highly specialized sourcing Fairs [and] exhibitors from across Southeast Asia have bought more than 7,000 booths to the shows."
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Global Sources is planning to host free seminars to help importers source products from Greater China more effectively. 'Buying from China' import education seminars are scheduled to be held on October 11th and 19th during the China Sourcing Fairs at Hong Kong's AsiaWorld-Expo.
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The Supplier Says
About Global Sources
Global Sources is a leading business-to-business (B2B) media company that facilitates global trade, with a particular focus on the China market, by providing information to international buyers and integrated marketing services to suppliers.
We deliver content to our communities through nine vertical marketplaces on Global Sources Online (www.globalsources.com) and through specialized magazines, China Sourcing Fairs and technical events. These media serve a growing, independently certified community of more than 430,000 active buyers in over 230 countries and territories. These buyers generate more than 4 million inquiries annually for more than 130,000 suppliers through Global Sources Online alone.
Buyers can see a link to our Global Sources Direct auctions on eBay.com from our Global Sources Online homepage (www.globalsources.com) at the lower right hand corner. Global Sources, 31 October 2006