Reference Guide

China Sourcing Glossary

39+ terms and definitions used in China sourcing, importing, and international trade

100+

Terms Defined

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Dictionary and reference materials for trade terminology
A
3 terms

AQL

Acceptable Quality Level - Statistical sampling method used in quality inspections to determine if a batch meets quality standards.

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Air Freight

Shipping goods by aircraft. Faster but more expensive than sea freight, typically used for urgent or high-value shipments.

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Alibaba

World's largest B2B marketplace connecting international buyers with Chinese suppliers.

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B
2 terms

Bill of Lading (B/L)

Legal document issued by carrier acknowledging receipt of cargo for shipment. Essential for claiming goods at destination.

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Bulk Order

Large quantity order typically following sample approval. Usually has lower per-unit cost than smaller orders.

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C
4 terms

CBM

Cubic Meter - Standard measurement for shipping volume. Calculated as length × width × height in meters.

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CE Marking

Conformity marking required for products sold in the European Economic Area. Indicates compliance with EU safety standards.

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CIF

Cost, Insurance, and Freight - Seller pays for goods, insurance, and freight to destination port. Buyer handles import clearance.

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Container Loading Supervision

QC inspection at loading to verify quantities, packaging, and proper container loading.

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D
3 terms

DDP

Delivered Duty Paid - Seller delivers goods to buyer's door with all duties and taxes paid. Maximum seller responsibility.

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Defect Rate

Percentage of products with defects in a batch. Used with AQL to determine inspection pass/fail.

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DPI

During Production Inspection - Quality check conducted when 20-80% of production is complete.

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E
2 terms

EXW

Ex Works - Buyer collects goods from seller's premises and handles all transport and costs.

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Export License

Government authorization required to export certain goods. Some products require licenses from China.

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F
4 terms

FCL

Full Container Load - Shipping where buyer uses entire container. Cost-effective for larger shipments.

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FDA

Food and Drug Administration (US) - Regulates food, drugs, cosmetics, and medical devices imported into the US.

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FOB

Free On Board - Seller delivers goods onto the vessel at origin port. Buyer pays freight and insurance from there.

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Freight Forwarder

Company that arranges shipping and logistics on behalf of importers/exporters.

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G
2 terms

Golden Sample

Approved sample that serves as the standard for production quality. Factory must match this sample.

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GW/NW

Gross Weight / Net Weight - GW includes packaging, NW is product weight only.

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H
1 term

HS Code

Harmonized System Code - International standard for classifying traded products. Determines duties and regulations.

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I
2 terms

Incoterms

International Commercial Terms - Standard trade terms defining buyer/seller responsibilities (FOB, CIF, DDP, etc.).

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Inspection Certificate

Document certifying that goods have passed quality inspection.

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L
3 terms

LCL

Less than Container Load - Sharing container space with other shippers. Good for smaller shipments.

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Lead Time

Time from order placement to shipment. Includes production time plus any pre-production preparation.

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Letter of Credit (L/C)

Bank-guaranteed payment method. Bank pays seller when documented conditions are met.

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M
1 term

MOQ

Minimum Order Quantity - Smallest order a supplier will accept. Can often be negotiated.

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O
2 terms

OEM

Original Equipment Manufacturer - Factory produces products for other brands. You provide specs, they manufacture.

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ODM

Original Design Manufacturer - Factory designs and manufactures products. You can put your brand on their designs.

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P
3 terms

Packing List

Document listing all items in a shipment with quantities, weights, and dimensions.

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PI

Proforma Invoice - Preliminary invoice sent before shipment detailing goods, prices, and terms.

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PSI

Pre-Shipment Inspection - Final quality check before goods leave the factory.

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Q
1 term

QC

Quality Control - Process of ensuring products meet specified standards.

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R
2 terms

RFQ

Request for Quotation - Formal request sent to suppliers asking for pricing on specific products.

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REACH

EU regulation for chemical safety. Products sold in EU must comply.

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S
2 terms

Sample Order

Small order to evaluate product quality before placing bulk order.

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Sourcing Agent

Intermediary who helps buyers find and work with suppliers in China.

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T
2 terms

T/T

Telegraphic Transfer - Bank wire payment. Common payment method for China suppliers (typically 30% deposit, 70% before shipping).

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Trading Company

Company that buys from factories and sells to international buyers. Acts as intermediary.

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