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Guangyu Trade (Ningbo) Co., Ltd. is an international trading company specialized in import and export of raw materials and equipment for aluminum, steel, oil and mineral industries.
The company headquarter is located in Ningbo free trade zone, China. The zone is situated within Ningbo Economic and Technical Development Zone adjacent to Ningbo Bonded Logistics Park. The area engages in foreign trade, export processing and manufacturing and bonded warehousing. It also has special parks for high-tech industries, which include the Electronics and Information Industry Park, the Semiconductor and Photoelectric Industrial Park, Ningbo International Software Park, the Precision Machinery Industrial Park and the Overseas Chinese Scholars Pioneering Park. Large companies including Exxon, Mannesmann, Xerox, Dow and Sony have set up business in the zone. GTN company benefits from reliable partners around the world such in Europe, middle east and Asia market. In addition, talent and experienced team enables the company to locate the best manufacturers and original sources and place order in minimum time frame. To facilitate contractual affairs, GTN Company is able to supply goods in CFR or FOB basis as per the client request. The company has provided requested goods and services for domestic and abroad clients. Should you need any further information, please do not hesitate to contact us.

                                                                                       

                                                                                                                   Business units

 

     
Raw materials Commercial departments Products

Our Development Process

  • International business

    International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational life It involves cross-border transactions of goods and services between two or more countries. Transactions of economic resources include capital, skills, and people for the purpose of the international production of physical goods and services such as finance, banking, insurance, and construction. International business is also known as globalization. To conduct business overseas, multinational companies need to bridge separate national markets into one global marketplace. There are two macro-scale factors that underline the trend of greater globalization. The first consists of eliminating barriers to make cross-border trade easier (e.g. free flow of goods and services, and capital, referred to as "free trade"). The second is technological change, particularly developments in communication, information processing, and transportation technologies.

  • Export

    An export in international trade is a good or service produced in one country that is bought by someone in another country. The seller of such goods and services is an exporter; the foreign buyer is an importer. Export of goods often requires involvement of customs authorities. An export's reverse counterpart is an import. Advantages of exporting Exporting has two distinct advantages. First, it avoids the often substantial cost of establishing manufacturing operations in the host country. Second, exporting may help a company achieve experience curve effects and location economies. Ownership advantages are the firm's specific assets, international experience, and the ability to develop either low-cost or differentiated products within the contacts of its value chain. The locational advantages of a particular market are a combination of market potential and investment risk. Internationalization advantages are the benefits of retaining a core competence within the company and threading it though the value chain rather than to license, outsource, or sell it. In relation to the eclectic paradigm, companies that have low levels of ownership advantages do not enter foreign markets. If the company and its products are equipped with ownership advantage and internalization advantage, they enter through low-risk modes such as exporting. Exporting requires significantly lower level of investment than other modes of international expansion, such as FDI. The lower risk of export typically results in a lower rate of return on sales than possible though other modes of international business. In other words, the usual return on export sales may not be tremendous, but neither is the risk. Exporting allows managers to exercise operation control but does not provide them the option to exercise as much marketing control. An exporter usually resides far from the end consumer and often enlists various intermediaries to manage marketing activities. After two straight months of contraction, exports from India rose by 11.64% at $25.83 billion in July 2013 against $23.14 billion in the same month of the previous year.

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Contacts

  • Room 901 Hengmao Plaza, No. 100 Mintong Street,Haishu District Ningbo 315000 Zhejiang, China
  • Tell: 0086-574-87340003
  • Fax: 0086-574-87340132
  • Cell: 0086-135-05745314
  • info@guangyutrade.com
  • http://guangyutrade.com