Europeans and Americans “do business behind closed doors” Port containers are piled up like a mountain, where are the orders?

Europeans and Americans “do business behind closed doors” Port containers are piled up like a mountain, where are the orders?
At the beginning of 2023, shipping containers will receive a “blow in the face”!
Many important ports in China, such as Shanghai, Tianjin, Ningbo, etc., have piled up a huge amount of empty containers, and the Shanghai port has even sent the containers to Taicang. Since the second half of 2022, the Shanghai export container freight rate index has plummeted by more than 80% due to lack of demand for shipping.
The bleak picture of shipping containers reflects the current situation of my country’s foreign trade and economic downturn. Trade data show that from October to December 2022, my country’s export trade volume decreased by 0.3%, 8.7%, and 9.9% year-on-year in U.S. dollar terms, achieving a “three consecutive declines.” chocolate box
“Orders have plummeted, and there is even no order!”, the bosses in the Pearl River Delta and Yangtze River Delta fell into despair, that is, “layoffs and salary cuts”. Today’s Shenzhen Longhua talent market is crowded with people, and a large number of unemployed workers stay here for many days…
Europe and the United States are united, and the decline in foreign trade has become a problem
It is rare for domestic and foreign trade exports to continue to decline. As my country’s largest customer, Laomei is naturally inseparable. Data show that by the end of December 2022, US manufacturing orders will decrease by 40% year-on-year.
The decline in orders is nothing more than a decrease in demand and loss of orders. In other words, either someone else didn’t buy it, or it was snatched away.
However, as the world’s largest consumer market, the demand for Laomei has not shrunk. In 2022, the U.S. import trade volume will be 3.96 trillion US dollars, an increase of 556.1 billion US dollars over 2021, setting a new record for merchandise imports.
Against the international background of turbulent undercurrents, the West’s intention of “de-sinification” is obvious. Since 2019, foreign-funded companies such as Apple, Adidas, and Samsung have begun to withdraw from China at an accelerated rate, turning to Vietnam, India and other countries. But this does not mean that they are enough to shake the status of “Made in China”.
According to statistics from the Statistics Bureau of Vietnam, US import orders to Vietnam will drop by 30%-40% in 2022. In the fourth quarter of last year alone, about 40,000 local workers were forced to lay off their jobs.
Demand in North America is increasing, but orders in Asia are declining. Who is Laomei doing business with?cigarette box
The eyes have to return to Europe and the United States. According to trade data for 2022, the EU will replace China as the largest trading partner of the United States, with exports to the United States reaching more than 900 billion U.S. dollars. The second position will be taken by Canada with an amount of more than 800 billion. China continues to decline, and even the third, we are no match for Mexico.
In the international environment, the transfer of labor-intensive industries and Europeans and Americans “doing business behind closed doors” sound like general trends that enterprises or individuals cannot control. However, if the Chinese want to survive and engage in economic development, they must find a way out!
Fortune and misfortune depend on each other, forcing industrial upgrading to accelerate
At the end of the year, when the official release of China’s import and export trade data in 2022, it pointed out for the first time the grim situation of “weakening external demand and declining orders”. This also means that the reduction in future orders may become the norm.
In the past, domestic and foreign trade enterprises always took Europe and the United States as their main export markets. But now the friction between China and the West is intensifying, and Europe and the United States have also begun to join forces to “self-produce and consume themselves.” It is not difficult for Chinese foreign trade enterprises to produce cheap and easy-to-use products. However, in the face of established industrial countries such as Europe and the United States, it appears that they are not competitive enough.
Therefore, in the fierce international competition, how Chinese enterprises can improve the value of export products and develop towards the middle and high end of the value chain is the direction we should plan ahead.chocolate box
If the industry wants to transform and upgrade, technology research and development is essential. There are two types of research and development, one is to optimize the process and reduce costs; the other is to innovate high-tech products. A classic example is that in the biomanufacturing industry, my country is relying on the independent research and development of enzyme technology to drive a huge change in the global industrial chain.
At the beginning of the 21st century, a large amount of hot capital poured into the anti-aging market, and anti-aging agents of foreign brands were harvested from domestic elderly at a price of 10,000 yuan/gram. In 2017, it was the first time in China to overcome the enzymatic preparation technology, with the highest efficiency in the world and a purity of 99%, but the price has shrunk by 90%. Under this technology, a number of health preparations represented by “Ruohui” have emerged in China. According to the data released by JD Health, this product has been the top-selling product for four consecutive years, leaving foreign brands far behind.
Not only that, but in the competition with foreign capital, the domestic “Ruohui” preparation added compound ingredients to produce high-end products with the advantage of technology, and created a segment market revenue of 5.1 billion a year, making overseas customers rush to China to find orders.cookie box
The sluggish foreign trade has sounded the alarm for the Chinese people. While losing traditional advantages, we should make technological advantages the confidence of Chinese enterprises in international economic competition.
Where do 200 million foreign traders go?
It is not difficult for China to produce cheap and easy-to-use commodities. But in the past, Europe and the United States were “watching”, and later, Southeast Asia was “ready to go” with powerful enemies. We must find a new export and lay out the economic trajectory of the next fifty years.
However, technological research and development is not a one-day achievement, and industrial upgrading also has to go through “labor pains”. During this period, how to maintain the current economic stability is also a top priority. After all, as one of the troikas driving my country’s economic growth, the weak export economy is related to the survival of nearly 200 million foreign traders.cookie box
“The sand at any moment of the times is like a mountain when it falls on an individual.” China’s non-government forces have supported the “Made in China” that has grown from scratch since the opening up for 40 years. Now that the country’s development is about to reach a new level, people should not be left behind.