| Buyer | China Food and Beverage Association and China Frozen Products Association |
| Requirements | 1. Provide bill of lading, certificate of orginal and quarantine certificate (relevant). 2. Provide recent (with China) transaction records, verify with the state-owned enterprises and confirm the ability and experience of the supplier to manage trade with China's buyers. 3. It is necessary for trader to provide documents/contracts with the manufacuturer to confirm that the supplier provides sufficient amouunt for trade business. |
| Payment | 30% telegraphic transfer + 70% LC, or 100%LC (preferably) |
| Quotation Requirements | Provide the factory number (in line with national approval, otherwise import licenses cannot be obtained) and the anti-dumping duty rate of the supplier, below 21% is preferred. |
| Remarks | Buyer requires inclusion of 2% perfoma bonds. |