SourceJuice.com Editor's Articles

Welcome to Transparency - the new SourceJuice.com

Thu, 22 Jan 2009 00:29:44 +0000

Today we offer the world transparency in finding information and knowledge in matters that deal with sourcing, importing and exporting from and to China. By creating a place online to search and discover information and knowledge that has been carefully picked, aggregated, and indexed while being translated where necessary – we offer the world a level of transparency that has never been easily available to the general public in a variety of languages. For those who are in the business of international trade and source (import) from or export to China, the availability of information and knowledge on matters that impact their business on the Internet has been and continues to be a pain point. Searches for China Customs changes or new tariffs or regional laws to even how local prices are reported by China’s Ministry of Commerce are hard to find if not impossible if you don’t know Chinese. In many cases the major search engines brought those in search of Chinese information to the former SourceJuice site – a blog that was created to help readers and those doing business get insights and facts - like “new 2009 changes to China’s value added tax tables showing the discounts”.

What we found was that if you didn’t speak Chinese or read Chinese for that matter or were very aware of resources around the Internet – it was difficult to impossible to be aware of information that can impact your business when doing trade to or with China. This information ranges from international law changes to China Customs policy changes to even how a product recall can impact your purchasing decision and especially your overall costs of doing business. And all this information wasn’t just from China but all over the world and very hard to find. Additionally, there are many sites that claim to provide you China trade information or advice on how to source, import, and export or deal with suppliers in China. However, most of these sites are difficult to trust and seem to be put up by companies trying to sell their own products and or services with little to no investigation of the material they presented to the public was factual or not. So what did we do?

We searched and took the last 8 months to analyze what was available and what was not depending on your language. For example – what was available to a Chinese reading person when searching for China trade related knowledge and information versus a person who can only read in English or French or Portuguese? What we found was daunting – there were mountains of information available but not in English or other languages. Now we know that many Chinese government publications are reprinted in English or other languages like German but the vast majority of publications are not. This ratio is sometimes as high as 1000 to 1. Meaning for 1000 publications in Chinese there may be 1 that gets republished in English or German, etc. This is the gap and we at SourceJuice knew that we could never human translate all this vast material (even new publications that come out daily are in the hundreds of articles) so we decided the next best option was to provide machine translated versions easily searchable with a highly accurate and relevant search engine.

As we have learned doing business in China – it is far better to know a little Chinese than nothing. So we firmly believe – it is far better to have something searchable and legible that can be found and reviewed for further exploration (where necessary) than relying on the possibility that your Chinese partner, staff, or some other company, agency, or news company providing this. Having something is far better than nothing. Having transparency to information and knowledge in your own language (more languages coming in the near future) is so important to executing informed and intelligent business. That was our goal. Our technologies are first class – try search and yes the translation on many of the posts may be far from perfect but we will get there and in due time we will take leading and business critical articles and have them human translated for your information needs – just give us some time since we just launched this new site this week!   And don’t forget – find an article, click on the URL to go that page and then press the “Show Original Source” button on the right when you get to a translated article and you will see the original source (in Chinese for those that are in Chinese) and you can take that straight to your company or partner or 3rd party as original copy and to show them that you are indeed informed!

For those who were avid followers of insights from our former blog – we will continue to offer insights from our editors but with far more frequency starting next month with targeted insights that cover new laws, trends, and regional updates from the major cities in China along with import and export volumes and price changes. Information you can use. SourceJuice editor posts will continue to provide information that can help your business – especially for those companies that are small and medium sized companies with limited reach and or resources in China.   Look for changes in the coming months as we roll out our next phase of evolution.

By the way - so what does Trusted Sources™ mean?
We want to provide you a place on the Internet where you search and find valuable information and knowledge from reliable and trustworthy sources (like government agencies, insightful and respected business blogs, and experts in global and or China trade). This is what we mean by Trusted Sources™ - reliable sources of information and knowledge you can trust. We want to be the platform for information you can rely on as well as the place where you can be part of a larger community of those doing business in International Trade. As you will see in the coming weeks and months we will be expanding this center of trust by launching new features like Trade Forums where you can ask questions from other business owners and the larger community we have at SourceJuice which mostly is made up of buyers (those sourcing and importing from China) from large to medium companies. Additionally, other new services and features that are coming soon will be substantially different than what the market currently offers in terms of actionable information. Give us some time and we will show you why SourceJuice.com will be your preferred destination for reliable information and knowledge as well as services that you can trust. International Trade with transparency – that is our mission.

So please – browse and learn. With 800,000 pages and growing of content from trusted sources we begin the year 2009 as your search engine and knowledge center of choice for China trade information and knowledge.

Special Thanks and Credits
Below, we would like to extend a special thank you to these members of the SourceJuice.com engineering team for making the dream a reality. Each member was critical to making today possible and for building a platform for many exciting things to come.

Andy Li – Platform Architect and Project Manager
Eric Wei – Open Source and Search Engine Master
Henry Zhong – Mister Spider Man
William Chen – Artist and Design Guru

We would like to thank some of the members from our partners at ThinkRace (TR) for their support. A special thank you to Rick Tang (Managing Director at TR), Allen Zhang and Nick Huang.

And finally, the most import team members – We thank our readers for inspiring us as well as providing the feedback and suggestions to make today possible! Our readers are people in the industry of global trade with a focus on China (mostly buyers working for some of the largest companies in the world to those who source from China for their own online or retail business). As of this writing we have about 121,053 readers with less than 25% coming from the USA and the rest from 21 other countries including China, Brazil, Spain, France, Germany, Mexico, Netherlands, Japan, and many parts of Eastern Europe. An international community doing international business and now part of a new world of transparency so that they can make smarter, more efficient, and more informed decisions with knowledge and intelligence from their trusted source of information - SourceJuice.com    We thank you all for your continued support and hope to hear from you for any suggestions and other – please use our Contact Us page.

We, the Principals, Editors, and Team of SourceJuice.com look forward to growing with you to provide meaningful and actionable value with transparency.

Paul Chong, Dylan Blankenship
& Team SJ - Matt Karp, Mike Tucci, David Anderson, Andy Li, Eric Wei, Henry Zhong William Chen & Special Contributing Editor – Marshall Taplits
*plus a special thanks to our significant others – Jenny Chong and Amanda Blankenship

The new SourceJuice.com above for 2009.

Above, a glimpse into our past from 2007 – 2008.

Thank you to all the readers who supported us from the beginning!

SourceJuice.com | Search and Discover China Trade Knowledge from Trusted Sources™
Copyright © 2007 - 2009 SourceJuice.com & SourceJuice All Rights Reserved.

Getting out of Green and Going to Red – Chinese RMB currency going International

Thu, 25 Dec 2008 13:10:26 +0000

China has decided to pilot its currency the RMB or Yuan as a currency for international settlement. There will be major implications to the US Dollar due to such change. The Chinese government has discussed such moves in the past but now getting out of green (US Dollar) and going to red (Chinese RMB, Yuan), from what has been announced, seems more likely a sure thing each day as the world embarks on new frontiers of change amid a financial crisis that comes with it a stark reality that we are indeed living in rapidly changing times.

Below are some excerpts from China Daily titled "China to begin yuan-settlement trials" that covers the full story.

The yuan will be used in transactions with neighboring trade partners as part of a pilot project - in what could be the first step on the road to making it an international currency.

The yuan will be allowed to be used for settlement between the Pearl and Yangtze river delta regions and the special administrative regions of Hong Kong and Macao, the State Council, or the Cabinet, said in a statement yesterday.

The Guangxi Zhuang autonomous region and Yunnan province will be allowed to use the yuan to settle trade payments with ASEAN (Association of Southeast Asian Nations) members.

Another excerpt from China Daily below.

The pilot program was announced with a raft of other measures designed to help bolster the nation's export sector. The State Council did not give details of how and when the currency project would start.
"The move will mitigate the risk of exchange rate fluctuations for Chinese exporters and their trade partners," said Zhao Xijun, finance professor at Renmin University of China.

The lion's share of China's foreign trade is currently settled in US dollars or the euro. But many analysts predict the greenback might depreciate substantially in the coming years because of the ailing US economy.

The biggest question we have at SourceJuice.com is what this may mean to those involved with China trade short and long term. In an upcoming series of articles from our team we will be bringing fresh and experienced perspective from those in and coming to China to get their reactions to the economy, China, and the future. Expect that and a completely new website in the coming weeks that will be the first platform of it's kind for trusted, reliable, and innovative information and services from the team and our extended partners.

Happy Holidays from SourceJuice.com

December 25, 2008

Can you afford to lose on your next import investment?

Tue, 25 Nov 2008 05:35:52 +0000

Statistics show that 9 out of 10 businesses in the US fail. The up side to this equation is that the one business that is successful will be your ticket to retirement. In international trade it is import to diversify your portfolio in the same way you might with stocks. If you had all your stocks in AIG, you might have been in trouble. The same line of thinking should go for your business in international trade.

During the Sourcejuice Digging Deeper series we examined the successes and failures of an array of import ventures. Let's dig even deeper (to China possibly) and apply the concept of a diverse portfolio.

We will include in our import portfolio the following products:
• Stainless Steel & Ceramic Sinks - profitable
• Granite Countertops - profitable
• Marble Tile - break even
• Modular Kitchen Cabinets - failure

Granite Countertops
From Sourcejuice article, Let?s Talk Granite - Pre-fabricated Granite Import Guide, we detail that the profit margin for pre-fabricated granite countertops is approximately $1,911 per kitchen sold. This translates to $35,731 for a container shipping with 30 complete kitchens worth of countertops.

Stainless Steel & Ceramic Sinks
The profit margin for sinks will vary depending on the how the products are marketed and who the customer is. The landed cost for stainless steel kitchen sinks is approximately $60 for a standard equal double-bowl, satin finish sink. On average these sinks can be sold to builders or wholesale plumbing supply houses for at least $50 in profit. Retailers like Home Depot often sell sinks that range around $350. With an import of 750 stainless steel sinks, the minimum profit is $37,500.

Marble Tile
From Sourcejuice article, Digging Deeper - Actual Landed Costs Examined Part 2 of 3, we examined an import of marble tile from China. The landed cost of 7,500 sq. ft of marble tile equaled $1.84 per sq. ft. Total cost from a local wholesale retailer with identical granite ran $1.73 per sq. ft. With this marginal difference in price, the loss only totaled $750. If you account for delivery cost from the local wholesaler, this import is "a wash" or break even.

Modular Kitchen Cabinetry
From the more grim closet of import venture stories we have the modular cabinet import venture. This venture proved to be an almost entire loss and took almost a year to ship. When received it was incomplete, requiring additional investment/time to fabricate additional cabinets and finish coating the doors.

Conclusion

No matter how you look at it, 73% of the entire venture was profitable or 2 out of 4 product success rate, diversification proved to be the right course of action. What you learned with the failures will ensure that your next venture will increase the odds.

dylan@sourcejuice.com // Dylan Blankenship

China VAT Changes List for December 2008

Wed, 19 Nov 2008 22:48:47 +0000

Here at SourceJuice we are fortunate to be on the ground in China to get access to local news that will help our readers. As we reported on our previous article about the Chinese Economic Stimulus Package and the pending Value Added Tax Rebates (VAT) that are coming to promote exports we have now found the official list and items as well as the changes. As reported on November 17 by the Xinhua (Chinese Government Press) titled “China announces 3,770 items involved in 3rd export tax rebate rise” the VAT changes will take effect December 1, 2008.

BEIJING, Nov. 17 (Xinhua) -- China's Ministry of Finance announced on Monday a list of 3,770 items involved in the third export tax rebate increase this year.

The items include labor-intensive, mechanical and electrical products. New export tax rebate rates on these items were also announced. The change take effect Dec. 1.

The announcement came four days after the State Council, or cabinet, said it would raise export tax rebates for the third time this year as part of the government's 4-trillion-yuan (571.4 billion U.S. dollars) economic stimulus package.

Rises in tax rebate rates varied among different items. For example, the rate on tires was raised from 5 to 9 percent while glassware was up 5 to 11 percent. Rates on labor-intensive products such as luggage, shoes and umbrellas were elevated from 11 to 13 percent.

The 3,770 items accounted for 27.9 percent of the country's total exports, according to a statement posted on the government's website.

The statement said the government would also eliminate export duties on certain types of steel, chemical and grain products and reduce export duties on some fertilizer products, also effective Dec. 1.

China raised export tax rebates in Aug. and at the beginning of this month on a range of goods to shore up flagging exports.

Please see below for the details of the items being impacted from the official press (this was translated from Chinese) announcing the new China Value Added Tax (VAT) changes that will be effective starting December 1, 2008. When you view this below, please note the second table is the list of actual changes along with the percentages for the items listed.

As a reminder and for those new to Value Added Tax and the benefits for you as an importer in how it can better help you negotiate if not cut costs significantly when you have such knowledge please read our prior post on understanding VAT Rebates to bargain more effectively on SourceJuice.com.

China VAT Changes for December 2008 Press from China’s Government

Ministry of State Administration of Taxation on the improvement of labor-intensive products such as value-added goods, the export tax rebate rate of notification

Document number: 2008 taxation No. 144
Published: November 17, 2008 status: Effective
Taxation [2008] No. 144
Provinces, autonomous regions and municipalities, cities City Department of Finance (Board), the state Revenue Department, the Xinjiang Production and Construction Corps Finance Bureau:

Approval of the State Council decided to raise some of the goods the export tax rebate rate of value-added tax (hereinafter referred to as the tax refund rate). Answers to the notice of the matter is as follows:

First, raise the tax refund rate range of goods

(A) will be part of the rubber, forest products tax rebate rate from 5% to 9%.

(B) will be part of the mold, glassware tax rebate rate from 5% to 11%.

(C) of aquatic products will be part of the tax rebate rate from 5% to 13%.

(D) the luggage, shoes, hats, umbrellas, furniture, bedding, lamps, clocks, and other goods tax rebate rate from 11% to 13%.

(E) some chemical products, stone, wood processing non-ferrous metal commodities such as the tax rebate rate from 5%, 9% to 11% and 13%.

(F) of machinery and electronic products will be part of the tax rebate rate by 9% to 11%, 11% to 13%, 13% to 14%.

Proposal to raise the tax rebate rate of the specific trade names, and the tax rebate rate in the appendix.

Second, the execution time

Notice of the provisions of the tax rebate rate adjustment since December 1, 2008 from the Executive. The implementation of the specific time in order to "export goods declaration (exclusive of export tax rebates)" Customs indication of the date of export.

Hereby notified.

Annex: (** Here is the official list in Chinese.)

Ministry of State Administration of Taxation

November 17, 2008

Annex:

Raise the export tax rebate rate of goods list

Chapter	Commodity code	Trade names	Back to adjust tax rates (%)
Chapter 3	0306110000-0306191900	Frozen lobster, etc.	13
	0306211000-0306291000	Seeds and seedlings, such as lobster	13
	3062990001	By 13% tax and other live, fresh, cold, dry, salted or saline or shell of crustacean Peeled	13
Chapter 29	2901100000-2902190090	Saturated acyclic hydrocarbons and so on	9
	2902300000-2903299090	Toluene, etc.	9
	2903391000-2903399010	Second, such as methyl bromide	9
	2903399090-2903499090	No other Central halogenated hydrocarbons, such as derivatives	9
	2903611000-2903619090	O-dichlorobenzene, etc.	9
	2903691000-2905191000	Chlorotoluene, and so on	9
	29051990101	Triacontanol	13
	2905221000-2905222000	Geraniol, etc.	9
	2905229000-2905590090	No other Central and so isolated from NSE	9
	2906120000-2906191000	Terpene alcohol, and other goods	9
	2906210000	Benzyl alcohol	9
	2906290090-2907299090	Other aromatic alcohol, and so on	9
	2908191000-2908199090	Chlorophenol, and so on	9
	2908991010-2909110000	4 - nitrophenol, and so on	9
	29091900111	Octachlorodipropyl Ether	13
	29091900121	Dichloro-isopropyl ether	13
	2909208100-2910100000	1,8 - cineole, and so on	9
	29109000201	Central Bentazon	13
	2911000000-2912291000	Lily of the valley, such as formaldehyde	9
	2912490000-2914230000	Others, such as ether aldehyde	9
	2914310000-2914399090	Acetone, benzene, etc.	9
	2914400020-2915330000	N-butyl acetate, etc.	9
	29153900111	Triclosan insecticide -	13
	29153900131	Special-Lok	13
	29153900141	Anti-mite-quinone	13
	29153900151	Of pink-induced	13
	2915400010-2918130000	A chlorine sodium acetate, and so on	9
	2918160000	Glucose acid and its salts and esters	9
	2918191000-2918300090	Diphenyl -2 - acid, and so on	9
	2918990021-2919900090	2,4 - such as drip	9
	2920190012-2921430090	Phosphorus oxychloride, etc.	9
	2921450010-2921519012	2 - naphthylamine and so on	9
	2921590010-2921590032	Three three-nitrobenzene, and so on	9
	2922110001-2922199090	Monoethanolamine and so on	9
	2922291000-2922421000	Dianisidine, and so on	9
	2922429000-2922499990	Other glutamate, etc.	9
	2923100000-2924110000	Choline and its salts, etc.	9
	2924191000-2924199040	Dimethylformamide, etc.	9
	2924199090	No other Central -	13
	2924210010-2925190090	Fuhuanniaodeng	9
	2925290011-2929102000	Principal kill mites	9
	2929104000	Six subunits methane diisocyanate	9
	2929901000-2929909011	Central has been the base such as sodium	9
	2929909013-2930400000	Hakkoda, such as phosphorus	9
	2930901000-2930909051	S two-alanine, and so on	9
	2930909053-2931000012	Diafenthiuron and so on	9
	2931000016-2931000021	Tetraethyl lead	9
	2931000025-2931000027	Toadstool, such as tin	9
	2931000041-2932190090	Glyphosate and so on	9
	29322900121	Gibberellic acid	13
	2932910000-2932920000	4 - propenyl-1 - A sub-dioxane, such as benzene	9
	2932950000-2932992000	THC, etc.	9
	29329990121	Granville dioxane, and so on	13
	29329990131	As a result of poisoning, such as phosphorus	13
	29329990141	Efficiency and so on	13
	29329990151	Ethoxycarbonyl furosemide yellow grass and so on	13
	29329990161	And other mosquito -	13
	29329990171	Furosemide, such as acid transfer	13
	29329990991	Only other miscellaneous oxygen atoms of heterocyclic compounds	13
	2933110000-2934993000	Dimethyl-pyrazolone and its derivatives, such as	9
	2934995000-2935009090	Clavulanic acid and its salts, etc.	9
	2937110000	Growth hormone and its derivatives and structural analogues	9
	2937190011-2938100000	Erythropoietin (EPO) and so on	9
	2938909010-2940000000	Glycyrrhizin powder	9
	2942000000	Other organic compounds	9
Chapter 30	30019090991	Wei Lieming human or other animal products	13
	30029090921	Bacillus thuringiensis	13
	3006910000	Can be used to determine the ostomy appliances	13
Chapter 33	3301120000-3301299910	Orange oil	9
	3301299999	Other non-essential oils of citrus fruit	9
	3301309090	Other Xianggao	9
	3301901090-3301909000	Other resins such as extraction of oil	9
	3303000000-3304990010	Perfumes and toilet water, etc.	9
	3304990099	Other Beauty Cosmetics	9
	3305100090-3305900000	Others, such as shampoo	9
	3306101090-3307900000	Others, such as toothpaste	9
Chapter 36	3604100000-360490000	Pyrotechnic products	13
Chapter 39	3909301000	Poly (methylene phenyl isocyanate) (polymeric MDI or crude MDI)	13
Chapter 40	4007000000-4013909000	Vulcanized rubber and rope lines and so on	9
	4014900000-4017002000	Vulcanized rubber-health and other medical supplies, etc.	9
Chapter 42	4202111090	To leather, renewable sources of leather, patent leather suitcase for the plane	13
	4202119090-4202190000	To leather, renewable sources of leather, patent leather bags and so on the surface for	13
	4202210090-4202290000	To leather, renewable sources of leather, patent leather handbags, such as for surface	13
	4202310090-4202390000	In leather, leather renewable surface for items such as purses, etc.	13
	4202910090-4202990000	Leather, renewable sources of leather, patent leather surface for other containers such as	13
Chapter 44	4410110000-4411942900	Wood particle board, etc.	9
	4412101199	At least one other tropical wood surface is a thin bamboo plywood other system	9
	4412101919	At least one other layer of non-coniferous wood plywood sheet	9
	4412102099	At least one surface is the other non-coniferous wood and other bamboo MLB	9
	4412109190	At least one other is a tropical wood bamboo MLB	9
	4412109290	At least a layer of wood particle board and other bamboo MLB	9
	4412310090	At least one other is the surface of tropical wood plywood	9
	4412321090	At least one surface is the other non-temperate coniferous wood plywood sheet system	9
	4412329090	At least one surface is the other non-coniferous plywood	9
	4412390090	Other Key each plywood sheet-thickness 6mm, with the exception of bamboo	9
	4412941090	At least one non-coniferous wood surface of the core pieces of wood plywood, etc.	9
	4412949190	At least one of coniferous tropical wood-block core area, such as plywood	9
	4412949290	At least a layer of wood particle board of coniferous wood plywood, and other core pieces of wood surface	9
	4412949990	Other coniferous wood plywood, and other core pieces of wood surface	9
	4412991090	At least one other non-coniferous wood surface of the multilayer	9
	4412999190	At least one other is the wood of coniferous tropical wood surface MLB	9
	4412999290	Others contain at least a layer of wood particle board of coniferous wood surface MLB	9
	4412999990-4413000000	Other coniferous wood surface, such as multilayer	9
	4414000090	Wooden picture frames, photo frame, picture frame and similar goods	9
	4415100090	Wooden packaging and similar containers, cable reel	9
	4415200090	Wood pallets, box pallets and other load of wood, including wooden pallets care box	9
	4418100090	Mu Chuang, the French window and its framework	9
	4418200090-4418500000	And the wooden framework and so on the threshold of	9
	4418600090	Other wooden columns and beams	9
	4418900090	Other products used in construction, carpentry	9
	4419009090	Other wooden tableware and kitchen utensils	9
	4420101090	Bamboo and wood, and so on	9
	4420102090	Wooden fan	9
	4420109090	Other small wooden statues and other decorations	9
	4420901090	Inlaid wood	9
	4420909090	Wooden boxes and similar products	9
	4421100090	Wooden hanger	9
	4421901090	Wood scroll, son of Yu, bobbin, bobbin and similar goods	9
	4421909090	Wei Lieming of wood products	9
Chapter 64	6401100000-6401990000	Guarding the metal loaded in the first rubber-plastic waterproof, and so on Footwear	13
	6402120090	Other rubber / plastic surface and at the end of boots	13
	6402190090-6406990000	Rubber, plastic and face at the end of the other sports, such as Footwear	13
Chapter 65	6501000000-6507000090	It felt hat and a round hat blank film, and so on	13
Chapter 66	6601100000-6603900090	Courtyard with umbrella and similar products such as	13
Chapter 67	6701000010-6704900000	Processed fowl feathers, down and down products	13
Chapter 68	6802212000	Simple as cutting or sawing of China and lime products	9
	6802919000	Other manufactured stone and marble and wax products	9
	6802929000	Limestone and other manufactured products	9
	6802939000	Granite and other manufactured products	9
	6802999000	Other manufactured stone products and	9
Chapter 70	7013100000-7013990000	Glass-ceramic glass, etc.	11
Chapter 74	7411101900-7411290000	25mm diameter and other refined copper, etc.	9
Chapter 76	7606112000-7606920000	Non-alloy aluminum rectangular plate, with films and so on	13
Chapter 82	8207130000-8207191000	Working with metal ceramic components, such as drilling tools	11
	8207201000-8207909000	Diamond work with metal components, such as pull-out mode	11
Chapter 84	8401100000-8401409090	Nuclear reactor	14
	8403101000-8403900000	Home-based hot water boilers, etc.	14
	8404102000	Central heating hot water boiler auxiliary equipment	14
	8404901000-8404909000	Central heating boiler auxiliary equipment, and other parts of the	14
	8407101000-8407290000	298kw output power internal combustion engine aircraft, and so on	14
	8407310000	50cc displacement reciprocating piston engine	11
	8407320000-8407330000	50 < 250cc displacement reciprocating piston engine, and so on	14
	8407901000	Gas engine	14
	84082090101	3-cylinder in the fuel tank of a few of the following (with), power <132.39KW tractor diesel engine	13
	8408209090	Power <132.39kw other diesel engine	11
	8408909111-8408909199	14kw power single-cylinder diesel engine used for agricultural purposes, such as	11
	84089092201	3-cylinder in the fuel tank of a few of the following (with), 14 <132.39KW agricultural diesel engine	13
	8409100000-8409911000	Aircraft engine parts, such as	14
	84099199202	Motorcycle exhaust gas recirculation (EGR) device	11
	84099199302	Motorcycle engines use link	11
	84099199402	Motorcycle engine nozzle used	11
	84099199502	Motorcycle-valve engine with rocker	11
	84099199902	Motorcycle other fire-engine piston internal combustion engine spare parts	11
	8409991000-8409992000	Other ship-specific parts such as engine	14
	8413110000-8413190000	Packing of the fuel or lubricating oil pump for gas station or garage, etc.	14
	8413200000	Hand pump	11
	8413302100-8413400000	And more than 180 horsepower engine with the fuel pump, etc.	14
	8413501010	Agricultural use of pneumatic pump reciprocating row	13
	84135010201	Agricultural use of corrosion-resistant pneumatic bellows or diaphragm	13
	84135010202	Non-agricultural use of corrosion-resistant pneumatic bellows or diaphragm	14
	8413501090	Other non-agricultural use pneumatic pump reciprocating row	14


	8413502010	Agricultural use of electric reciprocating pump row	13
	84135020201	Agricultural use of electric-corrosion-resistant diaphragm pump or bellows	13
	84135020202	Non-agricultural use of electric-corrosion-resistant diaphragm pump or bellows	14
	8413502030	Fluid multiple reciprocating pump seal	13
	8413502090	Other non-agricultural use of electric reciprocating pump row	14
	8413503101	Agricultural Piston	13
	8413503190	Other non-agricultural use Piston	14
	8413503901	Other agricultural hydraulic reciprocating pump row	13
	84135039201	Agricultural use of corrosion-resistant hydraulic diaphragm pump or bellows	13
	84135039202	Non-agricultural use of corrosion-resistant hydraulic or corrugated diaphragm	14
	8413503990	Other non-agricultural use hydraulic reciprocating pump row	14
	8413509010	Other agricultural schedule of reciprocating pump	13
	84135090201	Other agricultural corrosion-resistant diaphragm pump or bellows	13
	84135090202	Other non-agricultural use of corrosion-resistant diaphragm pump or bellows	14
	8413509090	Other non-exclusive use of reciprocating pump	14
	8413602101	Agricultural use of electric gear pump	13
	8413602110-8413602190	Electrical gear, such as multiple sealing pumps	14
	8413602201	Agricultural use of hydraulic rotary pump	13
	8413602202	Non-agricultural use of hydraulic rotary pump	14
	8413602210	Other agricultural hydraulic gear pump	13
	8413602220-8413602290	Hydraulic gear pumps, such as multiple sealing	14
	8413602901	Other agricultural gear pump	13
	8413602990	Other non-agricultural use of gear pump	14
	8413603101	Agricultural use of electric pumps leaves	13
	8413603110-8413603190	Multi-blade electric pump seals, etc.	14
	8413603201	Agricultural use of hydraulic vane pump	13
	8413603210-8413603290	Multi-leaf hydraulic pump seals, etc.	14
	8413603901	Other agricultural vane pump	13
	8413603990	Other non-agricultural use vane pump	14
	8413604001	Screw pump used in agriculture	13
	8413604010-8413604090	Multiple screw pump seals, etc.	14
	8413605001	Agricultural use of radial piston pump	13
	8413605090	Other non-agricultural use of radial piston pump	14
	8413606001	Agricultural use of axial piston	13
	8413606090	Other non-agricultural use of axial piston	14
	8413609010	Agriculture and other rotary pump row	13
	8413609090	Other rotary pump row	14
	8413701010	Agriculture and other centrifugal pumps	13
	84137010201	Agricultural use liquid propellant pump	13
	84137010202	Non-agricultural use liquid propellant pump	14
	8413701030	Multiple centrifugal pump seal	13
	8413701090	Other non-agricultural use centrifugal	14
	8413709110	Agricultural use of electric submersible pumps and Submersible Pump	13
	8413709190	Other non-agricultural use of electric submersible pumps and Submersible Pump	14
	8413709910-8413709960	Other agricultural use, such as centrifugal pump	11
	8413709990	Other non-agricultural use centrifugal	13
	8413810010-8413810090	Agriculture and other liquid pumps, and so on	11
	8413820000	Liquid hoist	14
	8413910000-8413920000	Pump parts	11
	8414100010-8414400000	Corrosion-resistant vacuum pumps and so on	14
	8414511000-8414519900	125w power of ceiling fans, etc.	13
	8414591000-8414599050	Other ceiling fans, etc.	11
	8414599091-8414803090	Others, such as Tai Shan	14
	8414901100	Into the compressor, the exhaust valve film	14
	8414901900	84143011 - 3014 and parts of the 84,143,090	11
	8414902000	No. 84145110-84145199 machinery and spare parts 84,146,000	13
	8414909010-8417200000	Molecular pumps, and so on	14
	8417801000	Coke oven	11
	8417802000	Radioactive waste incinerator	14
	8417803000	Cement kiln	11
	8417804000-8417809090	Such as limestone calciner	14
	8417901000-8417902000	Sponge iron, and other parts of the rotary	11
	8417909000-8418500000	Other non-industrial heaters and electric oven, and other parts of the	14
	8418910000	Refrigerated or frozen exclusive use of special equipment, furniture	14
	8418999100-8419110000	-40 temperature refrigeration equipment, refrigeration, and other parts	14
	8419200000	Medical laboratory or other disinfecting equipment	14
	8419310000	Agricultural products dryer	13
	8419320000-8419500090	Wood, pulp, paper or cardboard with dryer and so on	14
	8419609010-8419899090	Liquefaction, etc.	14
	8419909000-8421392900	No. 8419 of machinery and equipment spare parts, etc.	14
	8421393001	Motorcycle Engine exhaust purification and filtration device	11
	8421393090-8422309090	Other internal combustion engine exhaust filters and purification devices	14
	84224000001	Agricultural use of cotton balers	13
	84224000002	Other packaging or packaging machines	14
	8422901000-8424300000	Dishwashers, and other spare parts	14
	8424810000	Agricultural or horticultural use spray, spray machinery	13
	8424891000-8424909000	Home-based spray, spray, and other mechanical equipment	14
	84292010001	The agricultural plains, power> 235.36kw	13
	84292090001	Other agricultural Grader	13
	8431100000-8431499000	Pulley, winch, jack, and other mechanical parts such as the use of	14
	8432100000	Li	13
	8432210000-8432400000	Disc harrow	13
	8432801000	Lawn and sporting venues rolling machine	14
	84328090001	Wei Lieming agriculture, forestry land use or farming machinery	13
	84328090002	Gardening machinery	14
	8432900000-8433190000	Lawns, parks and so on and so on with other mower	14
	8433200000-8433600000	Other mower, and so on	13
	8433901000-8433909000	Combine with spare parts	14
	8434100000	Milking machine	13
	8434200000-8435900000	Dairy products processing machinery and so on	14
	8436100000--8436290000	Prepared animal feed, etc.	13
	8436210000-8436290000	Incubator and poultry rearing, etc.	13
	84368000011	By 13% tax on ensilage cutting machine	13
	84368000012	17% tax on ensilage cutting machine	14
	84368000901	13% of the tax according to the agriculture, forestry and so on with other machines	13
	84368000902	17% of revenue, such as gardening with other machines	14
	8436910000	Poultry, incubator and brood-parts	14
	8436990000	No. 8436 set out in other parts of machinery	14
	8437100000-8437800000	Other cereal seed cleaning, cleaning, grading, etc.	13
	8437900000-8451900000	Number listed in 8437, and other mechanical parts	14
	8452101000	Home-based multi-function sewing machine	13
	8452109100-8452109900	Other home-style manual sewing machines, etc.	11
	8452211000-8452290000	Non-automatic home sewing machine, and so on	13
	8452300000-8452909900	Sewing machine needles, etc.	11
	8453100000-8453900000	Hides, leather treatment or processing machines, and so on	14
	8461201000-8461300000	Metal cutting metal or ceramic, such as Shaper	13
	8461500010-8461900090	Irradiation cutting machine tool components, etc.	13
	8463101100-8463200000	300 tons of cold-drawing and the following metal pipe, etc.	14
	8463900010-8464909000	Roll forming machine tools, etc.	14
	8465910000-8466940090	Processing of materials such as wood sawing and so on	14
	8467110000-8467190000	Such as hand-held rotary Fengdonggongju	11
	8467210000-8467299000	Hand-held electric drill, etc.	13
	8467810000-8467890000	Or other portable hydraulic power chain saws, etc.	11
	8467911000	An item of the 84,672,210 parts with chainsaw	14
	8467919000-8467920000	846,781 of an item to use chain saws, and other parts of the	11
	8467991000	Other hand-held power tools used parts	14
	8467999000	Other hand-held power tools used in parts	11
	8468100000-8470900000	Hand-held spray, etc.	14
	8471411000-8471412000	Great medium-sized automatic data processing equipment	14
	8471491000-8471492000	Inspection system in the form of huge, large and medium-sized aircraft, such as	14
	8471499100-8471502000	Other distributed industrial process control equipment	14
	8471509000-8471609000	847,141 or 847,149 of equipment to deal with outside parts, and so on	14
	8471702000-8471703090	Automatic data-processing equipment such as floppy disk drive	14
	8471800000-8472902100	Other automatic data processing equipment parts, and so on	14
	8472902200	With the office stapler	11
	8472902900-8473290000	Binding with other office machines and so on	14
	8473401000-8474209000	ATM with a note, etc.	14
	8474900000	Number listed in the 8474 machine parts	11
	8475100000-8478900000	Gun incandescent, lamp, and so on the package, etc.	14
	8479200000-8481801090	Extraction of animal or vegetable oil processing machines, and so on	14
	8481809000-8481909000	Wei Lieming leader, cocks and similar devices	11
	8482101000-8486203900	Aligning ball bearings, etc.	14
	8486204900-8486303900	Other manufacturers of semiconductor devices or integrated circuits with etching and stripping equipment	14
	8486304900-8486403100	Other flat panel display manufacturers to use wet etching, developing, stripping, cleaning devices	14
	8486901000-8487900000	Take-off and landing, handling, loading and unloading machine spare parts or accessories	14
Chapter 85	8501101000-8501109990	37.5W output power toys, such as motor	14
	8503001000-8504311000	With toys, such as motor parts, such as micro-motor	14
	8504321000-8505111000	1KVA	14
	8505200000-8505909090	Electromagnetic coupling, clutch and brake, etc.	14
	85061011002	Button mercury-free alkaline manganese batteries of the original and the original battery pack	14
	85061012002	Cylindrical mercury-free alkaline manganese batteries of the original and the original battery pack	14
	8506101900-8506109000	Other alkaline manganese batteries of the original and the original battery pack, and so on	14
	8506400000-8506909000	The original silver oxide battery and the original battery pack, and so on	14
	8507400000-8507801000	Nickel-iron batteries, etc.	14
	8507809000	Other batteries	14
	8507909000-8514901000	Other parts such as batteries	14
	8514909000-8515190000	Resistance industrial furnace and oven parts, and so on and so on	11
	8515211000-8517110000	ERW, etc.	14
	8517122000	Walkie-talkie	14
	8517180000	Other telephone	14
	8517623100	Non-optical communications network clock synchronization equipment	14
	8517623500	Hub	14
	8517629900-8517702000	Other receivers, and conversion of renewable or send data or other audio-visual equipment and so on	14
	8517704000	Walkie-talkie used parts	14
	85177090001	Wireless pager parts	14
	8518100001-8518290000	Telecommunications frequencies used in the 300-3400Hz microphone, and so on	14
	8518400001-8521901190	Electrical appliances, such as amplifiers	14
	8521901910-8521901990	Recording function with other laser disc players and so on	14
	8522100000-8522902900	First-class pickup	14
	8522903901-8523211000	DVD laser laser device to send and receive	14
	85232120002	17% of the tax has been recorded magnetic stripe card	14
	85232911001	Other uses are not recording disk	14
	85232919002	Other uses have been recorded disk	14
	8523292100-8523292300	Did not record the width of not more than 4 mm tape, etc.	14
	85232928002	17% tax replay of the sound or image of the information tape	14
	85232929002	17% of the tax has been recorded in other tape	14
	85232990002	17% tax and other magnetic media	14
	85234010002	17% of the tax only for playback of recorded voice information CD-ROM	14
	85234020002	17% of revenue for the replay voice, image information other than the optical media	14
	8523409100	Other non-optical recording media	14
	85234099002	17% tax and other optical media	14
	8523511000	Did not record the non-volatile solid-state memory (flash memory)	14
	85235120002	17% of the tax has been recorded solid-state non-volatile memory	14
	8523591000	Other semiconductor recording media	14
	85235920002	17% of the tax has been recorded in other semiconductor media	14
	85238011002	17% of the tax has been recording	14
	85238019002	17% tax and other records	14
	8523802100	Not recorded 84.71 tax included in other media machine	14
	85238029002	17% tax and other tax included in 84.71 with other media machine	14
	8523809100	Not recorded in other media	14
	85238099002	17% tax and other media	14
	8525500000-8525801200	Radio, television, and other equipment used to send	14
	8525802100	Special-use digital camera	14
	8525803100-8525803200	Special-use video camcorder, etc.	14
	8525803900-8527990000	Other non-special-purpose video camcorder, etc.	14
	8528491000-8528499000	The other color cathode ray tube monitors and so on	14
	8528519000-8528610090	Or for other special items, such as the monitor of the commodity 84.71	14
	8528699000-8528721900	The black-and-white or other monochrome projector	14
	8528730000-8529102000	Black and white or other monochrome television receivers, and so on	14
	8529901011-8529904290	Satellite television receivers with decoder, and so on	14
	85299049001	Other parts of a digital camera	14
	8529905000-8529906000	Radar and radio navigation equipment, spare parts, etc.	14
	8529908200-8529908900	Plasma imaging components and parts, and so on	14
	8530100000-8532230000	Road, rail or tram with electrical signals, and other equipment	14
	8532249000-8532251000	Other multi-layer ceramic capacitors, and other referrals	14
	8532290000-8533100000	Other fixed capacitors	14
	8533219000-8533900000	20 watts rated power of other fixed resistors, etc.	14
	8535100000-8536300000	Fuse circuit (voltage> 1000 V), and so on	14
	8536490000-8536500000	60 V voltage is greater than the relay, and so on	14
	8536610000-8536690000	1000 V voltage of the lamp, etc.	11
	8536700000-8536900000	Optical fiber, optical fiber or fiber optic cable used to connect beams, etc.	14
	8537109001-8538101000	Elevator Control Cabinet with (electrical cabinets) and control counter-specific, such as printed circuit boards	14
	8538109000-8538900000	No. 8537 of goods used in other sites, and so on board	11
	8539100000-8540209090	Such as closed-end spotlight	14
	8540500000-8540810000	Black and white or other monochrome data	14
	8540911000-8540999000	TV picture tubes, and other parts	14
	8543100010-8543709100	Pulsed electron accelerators, and so on	14
	8543709300-8543709940	Electric fence, and other network-inspired	14
	85437099901	Wei Lieming of other independent features of electrical equipment and installations	14
	8543901000-8544190000	Particle accelerator used parts	14
	8544302001-8544421100	Power control of the vehicle diesel engine wiring harness, etc.	14
	8544421900	80 volts rated voltage electric conductors have joint	11
	8544422100	1000 V voltage> 80-volt cable joints have	14
	8544422900	1000 V voltage> 80-volt electrical conductor have joint	11
	8544491100	Rated voltage V 80 other cable	14
	8544491900	80 V rated voltage of other electrical conductor	11
	8544492100	1000 V rated voltage> 80-volt cable in other	14
	8544492900	1000 V rated voltage> 80-volt electrical conductor other	11
	8544601200-8544700000	1 KV < 35 kV rated voltage cables, etc.	14
	8545200000-8548900090	Brush and so on	14
	8703101100-8703109000	All-terrain vehicles, and so on	11
	8708293000	Car window motor vehicle hoist	11
	8711100010-8716900000	Micro-powered motorcycles and two cars and so on foot	11
Chapter 91	9101110000-9101199000	Machine-directed electronic watches, precious metals such as	13
	9101210090	Other precious metals tighten automatic mechanical watches	13
	9101290090-9102190000	Other non-precious metals tighten automatic mechanical watches	13
	9102210090	Other Automatic mechanical watches	13
	9102290090-9112900000	Other non-automatic mechanical watches tighten	13
	91131000002	Non-precious metals or gold-bearing products, precious metal-strap bag and spare parts	13
	9113200000	Base metal strap system and its components	13
	9113900090-9114900000	Other non-metallic strap system and its components, such as	13
Chapter 94	9401100000-9402900000	With aircraft such as Zuoju	13
	9403300090	Office of the other wooden furniture	13
	9403400090	Other kitchen with wood furniture	13
	9403501090-9403509100	Other red wooden bedroom furniture	13
	9403509990	Other wooden bedroom furniture	13
	9403601090-9403609100	Other red wooden furniture, etc.	13
	9403609990-9403891000	Other wooden furniture, etc.	13
	9403899000-9404210090	Other materials such as furniture system	13
	9405100000-9406000090	Chandelier, etc.	13
Chapter 95	9504200090-9507900000	Other billiards supplies and accessories such as	13
	9508100090-9508900000	Other entertainment playground equipment	13
Chapter 96	9601100090	Other manufactured products of animal teeth and so on	13
	9601900090-9603290090	Toothbrush, etc.	13
	9603301090	Other brush, etc.	13
	9603302090	Other brush, etc.	13
	9603309090-9603501900	Other make-up with a similar sum, and so on	13
	9603509190	As other machinery, apparatus other parts of the brush	13
	9603509990	As in other parts of other vehicles such as brush	13
	9603901090	Other feathers, and other Shan	13
	9603909020-9606220000	Other plant and animal material-broom, brush, mop, etc.	13
	9606290090-9610000000	Other buttons, zippers, pens, etc.	13
	9611000090-9613900000	Stamp pad, such as lighters	13
	9614001020-9614001090	First-class pipe and pipe	13
	9614009090-9615110000	Combs, hairpins, etc.	13
	9615190020-9618000090	Vacuum Flask and so on	13

-The Sourcejuice Team

Expect More VAT Rebates with the new Economic Stimulus from China

Sat, 15 Nov 2008 19:01:30 +0000

The Chinese Government just announced on Sunday (November 9, 2008) that a massive economic stimulus package will be introduced to help China and the domestic market continue to keep healthy during the global economic crisis. One of the larger measures will be additional VAT (Value Added Tax) measures to boost trade. Below is a specific excerpt from the official government press that can be found here.

A stimulus package estimated at 4 trillion yuan (about 570 billion U.S. dollars) will be spent over the next two years to finance programs in 10 major areas, such as low-income housing, rural infrastructure, water, electricity, transportation, the environment, technological innovation and rebuilding from several disasters, most notably the May 12 earthquake.

The policies include a comprehensive reform in value-added taxes, which would cut industry costs by 120 billion yuan.

As we at SourceJuice find out the details of the VAT (Value Added Tax) changes, we will report on the changes as well as identify the new data that will outline the specific changes and benefits. Once again, to understand what a VAT is and how it can better help you negotiate if not cut costs significantly when you have such knowledge and know how the system works please read our prior post on SourceJuice.com. Go here for that article.

-The Sourcejuice Team