Companies who want to do business of trading goods with other countries must be familiar with those countries’ trade regulation laws. Import laws are very important because they are the government’s trade regulations that’s have been passed to prevent from other countries in dumping their products on another country. Despite a lot of multilateral agreements, China has a different set of import law which originates from its former set of policies. Having knowledge and familiarity with China’s import laws can be a plus for your business.
China has been a member of the World Trade Organization for a number of years which makes it a good country to exchange goods with. China is one of the world’s, in fact, the world’s top exporter raking in a lot of revenue. The recent global recession affected China in a positive way because it strengthened its trade regulation laws, and making it accessible to the world market. According to the China Daily, it reported that China implements a strict quality control over its import and exports.