For the past few years, one of China’s top imports from the United States are air and spacecraft materials. Business venture with the Chinese aviation industry looks good, especially when it comes to supplying China with aviation materials, just as long as one is familiar with the trade regulations of the country.
The aviation industry of China has seen a dynamic growth in the past few years. Last year, the Telegraph, a British news report agency, reported that the locals are quite apprehensive regarding competition with China. China has been producing Airbus recently which was once the turf of Great Britain. Even the British engineers are now forced to update and think out of the box to compete with the Chinese manufacturers of Airbus. These events may open a lot of opportunities for those who want to trade with China.
If one is interested to supply China with aviation supplies, then they must touch base with former state-run Aviation Industry Corporation of China. The company’s objective is to create a lot of airbuses and maintain a competitive atmosphere in the market. Aside form aviation supplies, China also imports rubber products, tooling’s, metals, and other spare parts so they can manufacture more planes and spacecraft.
Private Chinese companies dealing with import aviation products generate not less than 10 million dollars yearly. It is important to make a breakthrough in this industry, by creating faith and trust through an establishment of network in the Chinese community.
Being well-versed also in all aspects of trade regulatory policies is highly recommended which can be further enhanced by getting assistance from licensed brokers. The Chinese aircraft regulatory agency needs to review all of these transactions. Indeed, starting a business in supplying China’s aviation industry maybe challenging but it can also be rewarding as well. Our company is considered a leader in advising about Chinese aviation supplies, feel free to give us a call.