How the verification of a Chinese company should look like? What kind of information can be obtained through this process? Is it really an essential step, or can the whole process be skipped? We will answer these and similar questions below.
Usually, the whole process begins when we’ve finally find a suitable Chinese company. Many depend on when we made the first successful contact: if we simply received an e-mail offer, risk factor is higher than in the case in which we met our supplier during trade shows.
The most important thing that we will find out through verification process, is the type of a company and its scope of activities. Chinese companies, which are dealing in international trade, usually fall into two categories: these are either trade companies or manufacturing companies. Sometimes the former impersonates the latter, but a proper verification process will help to reveal the real identity of the company.
In many cases, the person who claims to represent the Chinese company has no legal title to do so. Therefore it is always necessary to find out, who is the legal representative of the company. As we say:chinese company credit.
Verification is helpful in revealing the physical address of the factory. It is important, if we want to proceed further and send someone to check our shipment. On the other hand, ISO 9001 certificate is awarded to a particular facility, not to the company as a whole. Companies which possess factories cannot be simply shut down overnight – it may happen though to some of the trading companies, especially after receiving our payment.
Through verification process, the authenticity of provided documents and certificates will be also checked. The rule is simple: the Chinese are able to forge everything, but the truth can usually be easily revealed.
If you want to know more about the most popular methods of fraud, documents necessary in the import process and during the custom clearance, please refer to our other guides.
As an adult, an electric scooter for adults might not appeal to you at first glance, mainly because you associate scooters with a time in your life when you were carefree and life was a big adventure that was playful and fun all the time. However, you should note that a scooter calibrated for an adult may very well be the best thing since sliced bread for you, especially if you are working in a big city that is always teeming with traffic and heavily crowded places. The following are some of the benefits that should convince you to buy an adult electric scooter :
Convenience in making your daily commute
One of the biggest advantages that the electric scooter is going to give you is the advantage of arriving at your work place in style, without being sweaty or angry, as most of your work colleagues are probably going to be. Cycling to work is bound to make you sweaty and all heated up, and this might mess up your productivity, especially in the morning. If you decide to drive to work, you will have to deal with the prospect of getting embroiled in a nasty morning traffic jam. You will probably come out of the traffic jam very angry and frustrated; a mood that does not bode well for those who are most productive in the morning.
The chance to be eco friendly
By using an electric scooter instead of any other fuel driven machine, you will be able to get the convenience of using a machine to ease your work while not contributing to the pollution of the atmosphere. In other words, you will be getting what you wanted while reducing your carbon footprint, thus effectively killing two birds with one stone.
Cost effectiveness
The fact that this electric scooter does not use fuel means that you will be able to cut back on a lot of money that would have gone towards buying fuel for driving your car or for bus fare if you decide to use public transport. This is money that can then be funneled into other purposes. Guess what? This electric scooter for adults is available on wheelster.com, the most reputable online shop to get cheap electric unicycles.
"Corporate Social Responsibility" Reports in China: Progress or Greenwashing?
Over the past decade, an increasing number of Chinese companies have begun to produce corporate social responsibility (CSR) reports. Whether that’s led to more sustainable business practices is an open question.
In 2006, State Grid was the only company in China to file a CSR report. In 2012, 1,722 Chinese companies filed CSR reports, according to a study by Syntao, a sustainability consultant. Indeed, almost a quarter of large state-owned enterprises in China filed CSR reports last year.
In theory, the purpose of CSR reports is to share information about a business’s social and environmental impact with the public. Ideally, the publication of such china credit report leads to enhanced awareness, better monitoring practices, and action to curb detrimental occurrences.
Yet while some Chinese companies have received international recognition for enhanced CSR reporting, it’s not clear the trend has translated broadly into more socially and environmentally sound policies. As Chris Marquis, an associate professor at Harvard Business School, and Yang Chen, an associate professor at Shanghai Maritime University, wrote on Dec. 5 in the online magazine Chinadialogue, “some of the same companies that were lauded for their reporting work were not necessarily following through with more responsible actions in the rest of their enterprises.”
Marquis and Yang pointed to several examples, including Baogang Group, a steel company in Inner Mongolia. The company “claims to have invested tens of millions of dollars a year in environmental protection and waste processing, and has also been recognised for its CSR and sustainability activities,” the researchers write. However, earlier this year pollution from Baogang’s facilities near the village of Dalahai was linked to “unusually high rates of cancer, along with high rates of osteoporosis and skin and respiratory diseases, and the radiation levels are ten times higher than in the surrounding countryside.” Obviously, not a sign of its commitment to principle.
At the very least, some Chinese authorities appear to have embraced the concept of corporate responsibility. In November, the Chinese Academy of Social Sciences released a blue book, or official report, on the state of CSR in China, which recommended improved reporting guidelines. Currently, the Shenzhen Stock Exchange offers training on data collection and corporate reporting methods. That makes smart business sense, as unsustainable practices may prove a future liability to growth. Even smog-choked China is looking for ways to clean up.
