This sudden new type of corona virus is a test for China's foreign trade, but it does not mean that China's foreign trade will subside.
In the short term, the negative impact of the epidemic on China's foreign trade will emerge, but the impact is no longer a "time bomb ". For example, in order to control the epidemic, the Spring Festival holiday is generally extended in China, and the delivery of many export orders will inevitably be affected. At the same time, measures such as stopping visas, sailing and holding exhibitions have also suspended staff exchanges between some countries and China. Negative effects already exist and manifest. However, when the World Health Organization announced that the epidemic in China was listed as PHEIC, it used two "no recommendation" suffixes and did not recommend any travel or trade restrictions. In fact, these two "no-recommendations" are not intended to suffix "save face" to china, but fully reflect the Chinese response to the epidemic, and is neither cover up nor exaggerate the show of the pragmatism of the epidemic.
For long term, China's foreign trade development endogenous growth momentum is still strong and powerful. In recent years, with the rapid pace of transformation and upgrading of China's manufacturing industry, the transformation of foreign trade development mode has also accelerated. Compared with the SARS period, China's Huawei, Sany heavy industry, Haier and other enterprises have reached the leading position in the world. Made in China also enjoys a high reputation in the field of communications equipment, construction machinery, household appliances, high-speed rail and nuclear power equipment. From another perspective, import trade has also played a full role in responding to new corona virus, such as imported medical devices and masks.
It is understood that in view of the epidemic caused enterprises to be unable to deliver goods on time, the relevant departments are also helping enterprises to apply for "force majeure certificate" to minimize the losses suffered by enterprises. If the epidemic were to be eliminated in a short time, it would be easy to resume disrupted trade relations.
As for us, a foreign trade manufacturer in Ningbo is really considerate. Ningbo has now confirmed 157 cases of the new corona virus, which is relatively low compared to other cities due to effective local government containment.
Whether it is short-term, medium-term or long-term, relative to the SARS period, the following countermeasures will be effective to resist the impact of new corona virus on China's foreign trade: first, to increase the momentum of innovation and actively cultivate new international competitive advantages. To further consolidate the industrial base for the development of foreign trade; second, to expand market access, constantly improve the business environment, and let larger foreign enterprises have roots in China; and third, to combine the construction of the "Belt and Road" to find more international markets with more business opportunities. The fourth is to combine domestic industrial upgrading and consumption upgrading with "double upgrading" to further expand domestic demand and make good use of the opportunities brought about by the expansion of the "Chinese branch" in the international market.
Post time: Feb-21-2020