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As one of the core members of Huaxia Credit Group (Huaxia Credit), Huaxia Account Receivable Management Co., Ltd. (Huaxia Collection) is a leading A/R management service provider in China. Huaxia Collection includes the headquarters in Beijing and branch offices in Shanghai and Guangzhou, and has so far established a nationwide service network through co-operation with nearly 300 law firms throughout the country.

Huaxia Credit is developed on the base of Huaxia International Credit Consulting Co., Ltd. and headquartered in Beijing, which established in August 1993. Through more than 10 years, Huaxia Credit has been the biggest credit management and commercial investigation bureau in China and has a high reputation internationally. In 2006, Huaxia Credit established Huaxia D&B China as joint venture with D&B Group. This further consolidates Huaxia Collection’s leading position in the field of receivable management service in China relying on the group company’ fast growth and its co-operation with D&B’s global network.

Accounts receivable are the important currant assets and inefficient management of accounts receivable will bring a lot of negative impact on enterprise development, such as difficulties in business cash flow, reduce the second invest chances, increase business risks. Especially international A/R, since the debtors overseas, the creditors has difficulties in receiving the overdue accounts with high cost. Huaxia Credit has aimed of international markets on the base of consolidating and developing the A/R management in China mainland.

 

Status of International Trading 国内外贸发展现状

我国早在2004年,全年进出口贸易额就已突破1万亿美元。但与此同时,中国出口业务的坏账率却高达5%,中国外贸企业每年新增的海外坏账逼近300亿美元。

The total import and export volume has already exceeded one trillion U.S. dollars since year 2004, with a high rate of bad debt at 5%. And the overseas bad debt of Chinese trading enterprises increases by 30 million U.S. dollars annually.

 
Main Problems in International Trade 国内外贸企业交易中的主要问题

1.国内企业与外商交易前缺乏必要的信用调查;

Lacking credit investigations before do business with foreign enterprises;


2.国内企业普遍允许外商选择T/T作为付款方式而不使用跟单信用证,而在交易中又不能严格执行款到发货;

Domestic enterprises always allow T/T as the way of payment instead of L/C, and can not strictly enforce delivery after received the payment during the business;


3.国内企业作为买方时对外商(卖方)缺乏了解,在卖方实际履行合同前就支付高额预付款。

As buyers, domestic enterprises lack information about foreign sellers, and always pay higher advance before the sellers perform the contract.

 

 

Address:Room509,Dongshuo Business Center,No.505,Zhaohua Road,Shanghai,China

Tel:86-21-31593906*8000/13361845673

Website:http://www.huaxiacollection.com


 

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地址:中国上海昭化路505号509室 Address: Room509,Dongshuo Business Center,No.505,Zhaohua Road,Shanghai,China

电话Tel:86-21-31593906*8000/13361845673

邮箱Email:kai_wang@huaxiacredit.com  网址Website:http://www.huaxiacollection.com

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