Chinese Interest in used machines and thus Pre-Shipment Inspections (PSI) is rising29. July 2020
Chinese media and global trade data agree that imports in China this summer are rising against expectations despite the global coronavirus crisis. According to CNBC, there were 6.2% more imports in June 2020 than in the same month in 2019, which contradicts the annual trend since 2018 and could theoretically points to a sharp jump in China’s global imports in the near future. This trend is also confirmed by the increasing demand for Pre-Shipment Inspection (PSI China) this month.
This trend is also reflected in Germany after the very difficult months of April and May, in which exports were up to 31 % lower than in the same month last year. Already in May, we were able to record a month-to-month increase and this is expected to continue into June and July.
As the crisis comes to an end, it can be assumed that most companies will control their spending somewhat more closely. Instead of buying expensive new machines, it may be more cost-effective to buy cheaper used machines, especially since these machines have usually only been in use for a few years and are still in good condition. In most cases, these machines are also completely serviced to prepare them for export and therefore differ only slightly from a new machine.
Many companies do not realize that used machines which shall be exported to China still require a quality control inspection by Chinese customs before they can be shipped. The authorized Chinese customs inspection in Germany is handled by the China Certification & Inspection Centre (CCIC). They will check that the used machines meet Chinese safety standards and this compliance must be confirmed by a pre-shipment inspection report. We can manage this report as well as the pre-shipment inspection itself for you, please do not hesitate to contact us if you have any questions.
Here you can find information about CCIC Pre-Shipment Inspection (PSI). Please do not hesitate to contact us for further details. You can contact us by email or call us at +49692713769150 (for Europe) or + 1 773 654 2673 (for USA).