02-10 -2025
SGS Rooted in China, Laying the Groundwork Globally

Headquartered in Geneva, Switzerland, SGS is a century-old company in the testing and certification industry with over 96,000 employees and more than 2,600 branches and laboratories worldwide. Starting out as an inspector of grain shipping, SGS has evolved into an internationally recognized testing, inspection and certification organization, and is known as a benchmark for quality and integrity. Over the years, SGS has delivered more than 10,000 professionals to the third-party testing and certification industry, and is known as the industry's “Whampoa Military Academy”. How does SGS maintain its leading position in the industry during its century-long history and realize deep plowing and win-win situation in the Chinese market? Entrepreneur magazine interviewed Hao Jinyu, President of SGS China, who shared SGS's strategic planning and development trend in China and the global market, and how SGS, as a third-party organization, can help enterprises achieve ESG goals and grasp the future of sustainable development.

02-07 -2025
Impact and Opportunities of U.S. Tariffs on the Iron Home Industry

Recently, U.S. President Donald Trump said that as early as February 1, 25% tariffs on Chinese exports to the United States. In the face of the familiar “policy formula”, iron household products industry will also be affected.

02-03 -2025
2024 China's Foreign Trade ‘Three quantities’ Rise, Positively Affecting the Iron Household Industry

China's foreign trade ‘three quantities’ rise, on all walks of life, especially the household goods industry has brought a positive impact.

01-27 -2025
Beijing Light Industry Chamber of Commerce Conference: Enlightening Star for the New Journey of Foreign Trade

Record of F.E.R.'s Participation in the Annual Conference on the Development of China's Light Industry and Foreign Trade

01-24 -2025
F.E.R. 2025 New Year Holiday Vacation Notice

The Chinese New Year holiday is coming. Our company's holiday will be from January 25th to February 5th, 2025, and we will resume work on February 6th. During this New Year holiday, we wish all our customers, families and colleagues a happy New Year and everything goes well.

01-21 -2025
Italy: the eighth largest retail market in the world

With a total turnover of around €100 billion in 2023, the Italian supermarket retail market is one of the important retail markets in Europe. Large supermarket chains (e.g. Conad, Coop, Esselunga, etc.) dominate the market.

01-20 -2025
Europe's uneven retail recovery: insights and trends

The retail sector in Europe is experiencing a slow and uneven recovery. In some countries, retail markets have grown slightly, while others are still struggling.

01-17 -2025
Costco Profit Beats Expectations, Home Goods Sales Booming

Costco recently reported first-quarter earnings for fiscal year 2025, and its results beat market expectations, showing that the commodities retailer has maintained strong growth despite tightening consumer spending. Its unique business model and affluent membership base have helped the company maintain a competitive advantage in the market.

01-15 -2025
China's timber and household industry faces new challenges as EU implements zero-deforestation bill

The day is approaching when the EU Zero Deforestation Act will officially come into force. This legislation imposes new compliance requirements on companies exporting timber and wood products to the EU on a global scale, and in particular has far-reaching implications for China's timber and home furnishings industry.

01-07 -2025
From January 1, 2025, all goods exported to Saudi Arabia will apply for saber certification -SC certificate before arriving at the port

From January 1, 2025, all goods exported to Saudi Arabia must submit an application through the SABER system and obtain a batch certificate (SC) before the arrival of the goods at the port, and the SC certificate applied after arrival will be deemed invalid, resulting in invalid customs clearance. This new regulation was developed by the Saudi Arabian Standards Organization (SASO) to ensure that imported goods meet the quality and safety standards required by the Kingdom.

01-06 -2025
Cyber Monday hits a new high: $13.3 billion spent online in the U.S.

According to a report from consulting firm Adobe Analytics, U.S. consumers spent $13.3 billion online this past Cyber Monday (Dec. 2), up 7.3 percent from last year's $12.4 billion. This year's figure exceeds Adobe's previous forecast of $13.2 billion. From Nov. 1 to Dec. 2, online spending by U.S. consumers rose 9 percent year-over-year to $131.5 billion.

01-03 -2025
Consumers are no longer warming up to Target

Target's latest earnings report was disappointing, causing shares to fall as consumers seem to be losing interest in the retailer.

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