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MY CHINA PLUS is the first Virtual Warehouse all-in-one to distribute on Chinese / Asian markets in an easy, effective and economical way in Shanghai New Free Trade Zone.

The solution, based on Food & Beverages distribution platforms activities and experience, is designed for manufacturers / distributors who wish to have direct support in their business operations, promotion and distribution also without the need for a corporate presence in China.

How does My China B2B PLUS?

  • 1) SETUP: with My China B2B support, the company defines the space and the type of products that will store (temperature controlled, Fresh, Frozen)

NB: The warehouse is into the Shanghai FREE TRADE ZONE. This allows that stored products to pay duties and taxation only when they have been sold!

  • 2) SEND PRODUCTS: The company sends by sea the items to be stored in the warehouse in China.
    • For products without Chinese labeling:
      • Simultaneously with the product sending, are activated for the incoming products, the procedures with the Chinese authorities for obtaining the Chinese labels.

      • Upon arrival and during storage, products labeling  with Chinese labels

NB This allows to sell immediately the products on the Chinese market (competitive advantage - Ready to Sell) and also be used in fairs / exhibitions as Chinese products, with a big reduction of costs if the same products are shipped from their own country to the same exhibition (about 800 € every 100 kg).

  • 3) MANAGEMENT: Remote monitoring of Virtual Warehouse Platform by My China B2B PLUS Tools.
    • Movement Managing of the stored goods  (in / out)
    • Transfer / transport to other Chinese locations and Asian nations (for fairs, events, sales).
    • Tours of potential buyers (Showroom) to touch the stored products before buy.
    • My China Desk support for all logistics management activities and business relationships with potential buyers / distributors
    • Storing also in other Chinese locations (as needed)

Benefits for MY CHINA PLUS customers :

  • Only one point of contact in english / chinese language for all procedures (logistics, distribution, commercial) and documentation (invoices, documents, etc. ..)
  • Cutting costs (and time) about fairs, exhibitions, workshops and tasting organization, sending samples / products in China and neighboring Asian countries (Hong Kong, Singapore, Japan, Korea etc ...) .
  • "READY TO SELL" competitive advantage directly in China for your business
  • No tax: Stored goods Taxation only when really sold
  • Chinese Labels: Quick management for Chinese product labels
  • Simplified management of your distributors directly in China and multi / distributors with a single national stock
  • Pay per Use for your warehouse in China
  • Showroom activity for buyers product overview and tasting
  • Transparent management of all steps
  • Monitoring direct from your own country

Choose "the PLUS" more appropriate for your distribution needs in China and Asia!

For information or contact: [email protected]

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Mar 08
2011

Fashion: Prada shuns Milan for HK listing

Posted by Consorzio Italian Center in Stock Exchange , Prada , Made in Italy , Luxury , London , Italy , IPO , Investments , Hong Kong , Finance , Fashion , Borsa Italiana

Consorzio Italian Center


Prada SpA, the fashion house known for its Miu Miu bags and Church's shoes, is planning the largest initial public offering (IPO) of a family-owned Italian company since 2006. Investors in Prada's hometown of Milan will have to reach about 10,000 kilometers away to buy the stock.

Prada is shunning the Italian exchange for a $2 billion IPO on the Hong Kong exchange because it's closer to the retailer's fastest-growing region. The decision was made to "seize the best opportunities offered by the international capital markets", Chief Executive Officer Patrizio Bertelli said in a statement when it announced the IPO.

Losing Prada highlights the struggles facing Borsa Italiana, a unit of the London Stock Exchange Group Plc (LSE), to gain new listings, said investors, including Lorenzo Crispoltoni of Banca Fideuram SpA.


Jul 13
2010

Alibaba to buy controlling stake in HiChina

Posted by Consorzio Italian Center in Untagged 

Consorzio Italian Center

China's Alibaba.com Limited is to pay 540 million yuan (79.06 million U.S. dollars) for a controlling stake in China Civilink (Cayman), which operates in China as HiChina Web Solutions, Alibaba announced on Monday.

According to the purchase agreement, Alibaba will acquire HiChina for cash in two phases, said a statement on the Alibaba.com website. The first phase will see Alibaba acquire 85 percent of HiChina for a cash consideration of 435.42 million yuan (63.75 million U.S. dollars).

The additional 14.67 percent retained by the founders of HiChina could be sold to Alibaba for an additional 104.56 million yuan (15.31 million U.S. dollars) dependent upon HiChina reaching certain performance targets, according to the agreement terms.