What does parallel imports mean?

The meaning of parallel import is as follows:

1, which used to refer to smuggled goods transported by water, now also refers to goods sold through abnormal channels and improper means in foreign trade.

2. It refers to inferior products.

3. The person with the wrong name.

The origin of "parallel import":

The word "parallel imports" comes from Guangdong. In the early 1980s, there were a lot of smuggled goods along the coast of Guangdong, and a large part of smuggled goods were completed by fishing boats. In order to avoid the inspection of customs ships, smugglers often tie smuggled goods to the bottom of the ship after moisture-proof packaging-the goods are stuck at the bottom of the ship. Because the moisture-proof measures are not very professional, there are often some commodities that enter the water-but when the country was just opened, people thought that the prices of these commodities were much cheaper than those of the same commodities on the market.

And this kind of goods that have entered the water often have some quality problems. The people call this kind of goods with quality problems "parallel imports". This is also an episode in the 30-year history of China's reform and opening up.

This is why the mobile phones of Hong Kong banks are called parallel imports. Because the smuggling method is ingenious, there will be no quality problems, so it is no longer the spokesman of the quality problems in the mobile phone industry, but it still means that the goods are not right in other places.