Enhancing your China retail growth through efficient import operations
We collected feedback from fashion retailers on their solutions to customs issues, strategies to attain operational efficiency and best practices for dealing with CIQ non-tariff measures. The report can be used as a checklist for benchmarking your own operating performance and creating value for your future cross-border operations.
Fast fashion has expanded rapidly in China over the past year. Retailers are ambitious to penetrate new markets (e.g. 2nd/3rd tier cities) and adopt multichannel retailing strategies. Rapid market expansion remains the top priority for fast fashion.
In order to take advantage of market growth, retailers acknowledge the importance of lead times, operational efficiency and trade compliance. To obtain operational excellence and reduce non-compliance risks, companies have been trying to implement automation software, provide frequent staff training and engage in proactive communication with in-charge authorities. At the same time, almost all the companies have been aware and/or already started taking advantage of the new pilot trade facilitation programs introduced by CIQ and Customs to save time and costs when importing.
To obtain your copy of the survey on benchmarking import operations and cross-border regulatory compliance for the retail sector in China
