Recently, the latest foreign trade data released by the General Administration of Customs showed that in the first seven months of this year, China’s total import and export value reached 23.55 trillion yuan, a year-on-year increase of 0.4%. Among it, export value amounted to 13.47 trillion yuan, with a year-on-year increase of 1.5%. In China’s major export products, the export of electromechanical products accounted for 58.1% of the total export value. In addition to the three traditional export items – clothing, furniture, and household appliances – the three new categories of electric passenger vehicles, solar cells, and lithium batteries, have shown remarkable performance in foreign trade, with a combined export growth of 61.6% in the first half of the year.
With the continuous upgrading of domestic industries, an increasing number of enterprises are turning their attention to the vast overseas market in search of development opportunities. SUMEC International Technology Co., Ltd. (hereinafter referred to as “SUMEC Technology”) leverages over 20 years of experience in the import and export trade of electromechanical equipment to help clients smoothly transition from “buyers” to “sellers”. With professional and high-quality services, SUMEC Technology continues to assist corporate clients in “setting sail” and venturing into the international market.
01 Bringing in Overseas Buyers
In recent years, the continuous improvement in quality and technology of Chinese electromechanical products has attracted the attention of an increasing number of foreign customers. However, their lack of understanding about the Chinese market and products has led to hesitation among many buyers. On the other hand, domestic enterprises are also brainstorming on how to make their excellent products “go global”. As a professional company deeply rooted in the field of electromechanical equipment trade, SUMEC Technology has accumulated numerous customer and supplier resources over the years of service. At the same time, through the “SUMEC TOUCH WORLD” global equipment trading service platform, it continuously acquires equipment procurement needs and project information from domestic and foreign customers, quickly matches suitable supplier resources, and helps domestic enterprises “connect” with foreign buyers to achieve win-win cooperation.
Successful Case
In 2020, SUMEC Technology signed a project for the procurement of equipment for a complete vehicle and engine production line with the Uzbekistan Automotive Industry Group. The project involved multiple suppliers from both domestic and international sources, placing high demands on the coordination and professional capabilities of the exporter. After more than two years of relentless efforts and multi-party collaboration, the SUMEC Technology team not only successfully assisted the client in completing equipment procurement worth hundreds of millions of US dollars but also helped domestic equipment suppliers in the project take an important step towards entering the Uzbek automotive manufacturing market.
02 Establishing Overseas Factories and Expanding Abroad
In order to effectively expand their market, establishing a presence near customers is a good strategy. Currently, China’s major export markets are concentrated in Southeast Asia, the United States, Latin America, Africa, and other countries and regions. Many domestic enterprises choose to establish their own companies or factories in these areas. SUMEC Technology has long been highly attentive to investment promotion policies and regulations in various overseas regions and has established a professional team that is familiar with the regulations, processes, and requirements for handling relevant procedures and documents for overseas investment and factory establishment. They can effectively assist clients in solving various issues and ensure that clients enjoy the corresponding rights and benefits to the maximum extent within the framework of legality and compliance.
03 Tailored Services for a More Attentive Experience
While continuously improving its capabilities in equipment import trade services, SUMEC Technology is also enhancing its level of service in equipment export trade. The company gathers various domestic and international resource advantages to provide customers with customized trade solutions that encompass “resource supply, business consulting, financial support, and logistics services”. In the past two years, SUMEC Technology has successfully assisted numerous corporate clients in completing various export projects, with a cumulative project value of nearly 500 million US dollars. With its attentive service, SUMEC Technology helps corporate clients embark on their “going global” journey more steadily and further!
Export is not the only option!
We are here to meet your needs!
Equipment procurement, import agency, financial support…
Welcome to visit the official website of ‘SUMEC TOUCH WORLD’
to learn more about our services.
You can also call our toll-free hotline at 4006-979-616 for consultation!
Post time: Aug-11-2023