FITA
 
 
  Wednesday, July 8, 2009 Issue 217 Volume 9 Number 14  
This issue sponsored by the BIS/FITA Trade Compliance Seminars TELL A FRIEND
IN THIS ISSUE:
• CHINA
Our Featured Country
• TRADE SHOW MARKETING BLOG
Avoid Trade Show Mistakes
• TAX NEWS
Be Informed about International Taxation
• EXPORT PACKAGING
The Packaging Database

Hello International Traders!

In this issue we have useful links that will help develop your business with China, use trade shows to boost your sales and expand your marketing intelligence, be informed about changes in taxation around the world and improve your export packaging strategies.

And don't forget -- if you'd like more information about international trade, go to FITA's Really Useful Links, which has a link library of more than 8,000 sites related to international trade.

CHINA
Our Featured Country

The People's Republic of China is the world's most populated country and, according to most observers, destined to soon become the second-largest economy in the world. The country has been hit by the international economic crisis. But compared to other countries, its GDP growth rate remains very dynamic. The International Monetary Fund forecasts growth of 6.5% in 2009 and 7.5% in 2010.

China’s exports have decreased considerably due to the economic crisis, causing many companies to close and many workers to loose their jobs. However economic growth continues because of huge state investments in infrastructure and heavy industry and from private sector expansion in light industry. The country has vast coal reserves and is the sixth largest producer of petroleum in the world. Industrial and the construction sectors contribute to approximately half of its GDP. In 2008 the United States remained the largest market for Chinese goods. According to the Office of the United States Trade Representative the main imports were electrical machinery, machinery, toys and sports equipment, furniture and bedding and footwear. China is also one of the largest producers and consumers of agricultural products.

The elimination of some trade barriers between China and the US provides increased access for US exports across a broad range of commodities. To find more information about boosting your sales in China, visit the web pages “Exporting to China” from the US Commercial Service’s China Business Information Center. And plan your presence at trade shows in China by using the US Commercial Service’s list of trade events in China and the FITA/Global Sources Trade Show Center.

Other useful resources:

You'll also find plenty of good research at the China Mini Portal, a feature of the FITA Web site. The China Mini Portal has an overview of China, with facts about the language, currency, climate, etc., plus more specific information about the economy, markets, taxes, labor market indicators, and tips on doing business in China. Click on "Useful Links" and you'll find a variety of sources for market research, trade leads, business directories, logistics, government contacts, travel, financing, and lots more.

The China Mini Portal is one of many research gateways at the FITA site. To find Mini Portals for other regions or countries, just click on "Country Profiles" from within a Mini Portal, or at the FITA home page.

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TRADE SHOW MARKETING BLOG
Avoid Trade Show Mistakes

Done right, presence at a trade show can be profitable. You can reach new buyers, make a sale on the spot or promote a new product launch. The Trade Show Marketing Blog offers tips that will maximize your trade show experience. On this blog you will find some really useful advice on how to get visitors to your booth, how to control the cost of exhibiting at a trade show and much more.

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TRADE COMPLIANCE SEMINARS FROM FITA AND THE BIS
http://www.fita.org/seminars
Complying with U.S. Export Controls (July 28 - 29, 2009) and Encryption Controls (July 30, 2009)
Crystal Gateway Marriott, Arlington, VA - co-sponsored by USDOC - BIS and FITA

Complying with U.S. Export Controls ( 2 days - July 28&29, 2009) - led by Bureau of Industry & Security (BIS)'s professional counseling staff, provides an in-depth examination of the Export Administration Regulations (EAR). The program will cover the information exporters need to know to comply with U.S. export control requirements on commercial goods. For more information and to register, go to www.fita.org/seminars.

Encryption Controls (3/4 day - July 30, 2009) - an in-depth session that will focus on the unique provisions related to encryption under the Export Administration Regulations (EAR). Bureau of Industry & Security (BIS) encryption specialists will cover a variety of topics, including how items with encryption functionality are classified under the EAR. Presenters will be available for Q&A the afternoon of the program to address specific questions of attendees. Required prerequisite: Essentials of Export Controls or Complying with U.S. Export Controls or equivalent experience. For more information and to register, go to www.fita.org/seminars.

For Vendor or Sponsorship opportunities contact Kim Park kpark@fita.org or 703.929.3672.


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TAX NEWS
Be Informed about International Taxation

Tax matters are really important! They can determine where to make foreign investments, which country you might want to move to, what new markets you want to explore. You really don’t have a choice. And to be prepared, you have to be informed. Tax News is the website you need. In a minute, you will learn about bilateral treaties that limit double taxation, when changes in corporate tax will be in effect, the last decrease in VAT and more.

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EXPORT PACKAGING
The Packaging Database

Packaging must be a dynamic part of your logistics and marketing solutions. By protecting merchandise during transport, handling and storage, well-made packaging can reduce insurance premiums. And it can add value to your products and help the environment. For example, using materials that are biodegradable, recyclable and/or made from recycled materials can be a marketing advantage that can differentiate your product from the competition. For training, glossaries, lists of packaging-relevant national authorities, lists of packaging associations for SME’s or almost anything else about packaging, visit the “Packaging for Development” section website of the UNCTAD/WTO International Trade Centre and find thousands of useful resources.

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