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The China Connection
ESTABLISHED NINETEEN HUNDRED AND EIGHTY ONE.
SPONSORED BY THE CHINESE GOVERNMENT!!


FAQS
FREQUENTLY ASKED QUESTIONS AND ANSWERS

Let us assist you in your decision to join The Chinese Factory Association by answering some frequently asked questions.

In the event you still do not find an answer to your question, please email us.

 

Q.

In the event we join The Factory Association, how many factory quotes will we be able to request ?

A.

When you register as a Factory Association member you are Provided with "unlimited" factory price quotes. Factory reports are emailed, or faxed upon your "specific product request"


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Q.

After we receive the first complimentary factory price quote, are we required to join the membership?

A.

After you have received your free factory price quote You will be asked to join The Chinese Factory Association worldwide membership. The factory price quote includes factory price in china (FOB),packing information and critical information that will assist you in your decision whether to consider joining The Factory Association membership.

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Q.

What does it cost to join the membership?

A.

After you have received your FREE factory price quote, We will request your membership to join The Chinese Factory Association. In order to receive further FULL collaboration and support. Membership fees are as follows: Your company may join the factory association by selecting: Plan (A) $330.00 +S&H. (two month contract) with full collaboration and support In the event a confirmed purchase order is placed with any supplier within the factory association during the contract period, membership fees are suspended. Continue to place orders, membership fees remain suspended. Upon receipt of membership fees, an enlistment package will be air mailed to your office. Add $51.00 for international shipping $21.00 domestic shipping charges

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Q.

How long must we wait to receive factory prices and Information after requesting information. Are the prices confirmed upon receipt? ?

A.

Upon receipt of your product request, the China Connection will email, or fax your company a price quote as per your specific request in a matter of minutes. In the event the product is not in the database, a wait period of 3 to 7 days should be anticipated. All Prices are subject to confirmation. The prices quoted will be be confirmed upon receipt of a confirmed purchase order.

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Q.

We received a price quote of the product we are seeking. However, we find the price unacceptable. Are we able to negotiate the prices quoted?

A.

After you have received your free price quote, your esteemed company has joined in Plan (A) membership of The Factory Association, have received confirmed samples, and require a lower factory price, The China Connection will negotiate on your behalf with the supplier (if possible) on the target price your esteemed company requires.

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Q.

After receipt of a price quote, do we make contact with the supplier? What other services does the China Connection provide besides price quotes on products and raw materials?

A.

The China Connection provides complete collaboration and support to all Plan (A)members. When orders are placed with each supplier we will contact the supplier, prepare the factory for production, and set delivery dates. The chinese suppliers will place the order with the factory, check quality control, set up delivery dates, and keep you informed throughout the import process. When final payment is finally made to begin and finalize production, our office will connect you directly with the supplier who will finalize the import process. When final connection is made and your company is working with the supplier directly, The supplier/factory assumes full responsibility for quality control, on time delivery and defective production. The China Connection does not assume responsibility and will not be held liable for any late delivery, defective merchandise, quality control

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Q.

What about samples, before an order is placed! May we Order samples? How long does it take to receive samples from a Chinese suppliers ?

A.

All factories will be happy to send specific samples upon your request. Each factory requires prepayment of samples. Normally samples are sent within 7 days after receipt of payment. Sample charges include express freight and sample cost.

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Q.

Should we decide to place orders with a factory, what is the process, and to whom do we send payment to?

A.

There are two methods of payment: your company may pay by Wire Transfer, (eliminating the costs of Letters of Credit), or you may elect to open Letters of Credit. The China Connection will email, or fax you an L/C, or wire transfer guideline when you're ready to place orders with a factory. All letters of credit are at sight and transferable through The China Connection. Simply, your company will hand the L/C guideline to your bank. Your bank will follow the guidelines as requested. It's that Simple!!!!

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Q.

If our company is working as a broker, and our customer wants to purchase through our company, how are we protected?

A.

We will sign a non- circumvention agreement which protects your company. The N/C agreement provides that we will not circumvent your company and deal with your customer without your knowledge. Most arrangments can be made to protect your interests. We always will send copies of emails to your office

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Q.

Are franchises available of The China Connection?

A.

Franchises are available in various countries worldwide. Contact the China Connection for further information. The China Connection is a registered worldwide name. The name cannot be used without official authorization from The China Connection main office. Note: you are required to join the membership, and be an active member for six months, prior to Receiving franchise information. At this writing we do not have franchises in other countries, however we will consider this business at a later date.

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Q.

We reviewed your product list, however we did not see a factory product we are seeking. Should our company want to manufacture a product of our own design, will The China Connection collaborate ?

A.

We will collaborate on all "R and D" projects. Your company is assured of confidentiality, as well as complete supervision, preparing samples and production on all specific product requests.

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Q.

What quantities are required when orders are placed?

A.

Minimum order requirements: Depending on type of product,(refrigerators,other large products)Container loads are requested. In any event a volume order is required.

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Q.

If an order is placed, are we able to ship goods from China to a worldwide port of our choosing?

A.

The China Connection will ship to any major port requested. Prices quoted will include cost of goods, freight, insurance to the port requested (CIF)

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Glossary & Terminology

LISTED BELOW ARE OFTEN USED "JARGON" (WORDS) THAT ARE USED IN THE INTERNATIONAL TRADE BUSINESS. IN THE EVENT A WORD HAS BEEN USED IN OUR WEB SITE AND YOU NEED CLARIFICATION, HERE IS A LIST OF WORDS WITH A BRIEF EXPLANATION.

LETTERS OF CREDIT
PROFORMA ORDER
C.I.F.
CONTAINER
TRANSFERABLE
O.E.M
CUSTOMS DUTY
STANDARDS

I.C.P.O
PERFORMANCE BOND
D.D.C.
CARTON MEASUREMENT
EXPIRATION DATE
TELEX TRANSFER
QUOTA
ELECTRICAL CODES

PROFORMA INVOICE
F.O.B
AMENDMENT
PACKING
PARTIAL DRAWINGS
INLAND FREIGHT CHARGE
NON QUOTA COUNTRY

LETTERS OF CREDIT: The form in which payments are made . A guarantee by a bank to draw against supporting documents when goods are put on board a vessel and shipped.


I.C.P.O: Bank endorsement stating customer has the financial ability to execute an order. A usual request when dealing in large transactions .


PROFORMA INVOICE: A pre-advise sales contract offered by factory with conditions of a sale. Usually sent after receipt of order from buyer.


PROFORMA ORDER: A purchase order supplied by the buyer with requirements and specifications that become part of the sale.
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PERFORMANCE BOND: A guarantee issued by factory that they will deliver the merchandise which has been ordered and letters of credit opened. Usually a 2% bond are issued when dealing in very large quantities and dollar amounts.



F.O.B: "Free on Board" Term used referring to a price of product from Country of origin and at the port of departure on ship


C.I.F: "Cost, Insurance and Freight", term used referring to cost of products at the port of entry. Does not include customs duty, D.D.C. Charges.
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D.D.C: Destination charges, or terminal charges for a container. Paid by buyer unless otherwise stated.


AMENDMENT: Correction made on Letters of Credit, usually involves added expenses and for the account of buyer.


CONTAINER: Used to transport products. Two sizes are available 20ft, and 40ft. A 20ft container has 1940 cu. ft. A 40ft container has 2118 cu.ft. Factories will accept less than container loads on certain products
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CARTON MEASUREMENT: Size of carton or case. Usually in inches, or centimeters. To arrive at the amount of cartons that will fit in a container, multiply inches of box and divide by 1728 receiving cu. ft. Multiply by .028 to arrive at cu. meters.



PACKING: Manner in which carton is stuffed with products. Includes wrapping, and amounts in each carton.


TRANSFERABLE: Term used when a shipment will depart from a port on a certain vessel, and transferred to another vessel, prior to arriving at destination.


EXPIRATION DATE: Date letters of credit will expire.
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PARTIAL DRAWINGS: Term used on a letter of credit which allows factory to ship goods in partial shipments. Prior agreement must be made by buyer and seller


O.E.M: Term used in production of goods manufactured under the name of the buyer. Usually demands large quantities by factories.


TELEX TRANSFERS: Payment made by wire transfer.


INLAND FREIGHT CHARGE: Goods transported from destination port to buyers warehouse. Not included in "CIF" price
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CUSTOMS DUTY: Government fees for goods imported into a country. Prices quoted does not include customs duty in the "CIF" price



QUOTA: A limit that are placed by governments to protect manufacturers in the country from imports of certain products. If China factories have used up their quota, they must purchase a quota which increases the price of the product.


NON QUOTA COUNTRY: Countries that do not have quotas on chinese products and are not affected by quotas. South america, Mid East, Russia and certain several other countries may not be affected by quota.
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STANDARDS, ELECTRICAL CODES: Many countries have electrical codes (NTSC, PAL, SECAM, UL) , as well as approval codes FDA, etc. Approvals must be obtained by factories to export

In the event we have not answered your question, or have not found the answer to a partricular word(s), please feel free to
submit your comments, questions.

Thank you.
 


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