日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Exporters mull ways to avoid disruptions

By ZHONG NAN in Beijing and MA ZHENHUAN in Hangzhou | China Daily | Updated: 2020-04-21 09:48
Share
Share - WeChat
Cainiao, Alibaba's logistics arm, launches a flight from Hangzhou, capital of Zhejiang province, to Kuala Lumpur, to transport goods sold through AliExpress, Alibaba's business-to-customer site selling to overseas markets, on March 31. [Photo by Niu Jing/for China Daily]

Pandemic prompting companies to upgrade technology, shift market focus

Export-oriented goods producers, original equipment manufacturers as well as parts and materials suppliers that have long been a thriving part of China's economy have begun to find new ways to shift their market focus due to disruptions in global trade amid the COVID-19 pandemic.

As many countries have declared states of emergency, shut down ports and canceled events, many Chinese companies are struggling with plummeting export orders, bloated inventories and rising logistical costs caused by disruptions to sea and air travel.

"We were asked by our overseas clients about our situation in February when China fought fiercely against the contagion, then we started to ask our foreign customers' conditions in March since many countries in Europe and North America reported soaring novel coronavirus cases," said Yuan Qin, founder of Yangzhou Rongjia Headwear Co in Zhejiang province.

Due to many sporting activities being postponed or canceled in Europe and other parts of the world, the firm received several order cancellations beginning last month for its athletic headwear from well-known football clubs in Spain and Australia.

Under the new circumstances, many domestic firms have cast off their previous role as OEMs to gradually build their own brands to upgrade business, as well as take steps to leverage existing e-commerce platforms to participate in online events, sales and transactions to secure orders and market share, said Zhang Xiaoqiang, vice-chairman of the Beijing-based China Center for International Economic Exchanges.

To better deal with the new situation, Zhang said domestic companies need to explore demand, effectively manage inputs and steadily increase supply capacity to ensure their global presence.

Ningbo Bode High-tech Co Ltd, a manufacturer of high-end precision cables, has been well prepared for the outbreak-hit global market, said Wan Linhui, the company's president.

Wan said Bode, with three global manufacturing bases, has a 40 percent market share for its key wire products worldwide, which means if Bode fails to supply enough products to its clients, precision machines around the world would be in a very difficult situation.

When the novel coronavirus began to spread in China in late December, Wan realized the importance of gearing up for the resumption of production and the export business in advance. The company published a guidebook on how to prevent the spread of the virus for its workers and prepared sufficient anti-epidemic supplies.

"We even kept truck drivers on call to transport our products once ports resumed operations," he added.

Since it received a green light to resume production by the local government in early February, the Zhejiang province-based company can now produce 100,000 kilometers of wire products a day.

With the global outbreak of the novel coronavirus in late February, many precision wire manufacturers overseas suspended or slashed production. Urgent orders from around the world began flooding into Bode.

Nanda Lau, head of the Shanghai office of global law firm Herbert Smith Freehills, said the impact of the crisis may be felt by different areas of the business at various stages. Chinese companies should plan ahead amid evolving situations.

With many governments across the globe introducing various relief policies for industries, Lau suggested Chinese companies monitor these developments closely for aspects that may be relevant to them.

"Measures such as offering support for necessary supply procurements, special funds, tax exemptions and deferrals, force majeure proof and social insurance deferrals may be made available to enterprises to help restore their earnings ability," she said, adding that Chinese companies should also use this situation as an opportunity to review their business plans and accelerate business transformation by upgrading technology and adopting digitization.

AliExpress, Alibaba's business-to-customer site selling to the overseas market, has come up with an initiative to directly bridge domestic manufacturers with overseas customer requirements.

The move, in tandem with a string of local governments in China, aims to launch online investment platforms and use livestreaming events to promote domestic offerings and seize opportunities overseas.

Wang Mingqiang, general manager of AliExpress, said backed by its digital infrastructure, the company has partnered with local governments to bolster exports and create new business opportunities for small and medium-sized enterprises, to help export-oriented companies turn crisis into opportunity.

Bai Ming, a senior research fellow at the Chinese Academy of International Trade and Economic Cooperation, said as the global supply chain is vital for the world economy, it is also critical for China to supply anti-contagion medical materials to countries in need to help them resume production and fight the pandemic.

"China is not only the biggest exporter of manufactured goods, but also a major exporter of intermediates used by factories across the world. It is also a key supplier of materials or components for sectors including autos, shipbuilding, electronics, machinery and textiles," Bai said.

"Despite the majority of manufacturers having resumed production across China, it will not work if businesses overseas are closed. All countries should come together and contain the virus as soon as possible before it causes more damage to the global industrial and supply chains," said Cai Jin, vice-president of Beijing-based China Federation of Logistics and Purchasing.

To ease companies' financial and operational pressure in the area of logistics, China has temporarily lowered transportation costs for importers and exporters as part of efforts to fast-track production resumption and keep the foreign trade sector afloat.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 一本大道香蕉中文日本不卡高清二区 | 小明www永久免费播放平台 | 98色花堂国产第一页 | 男人的天堂久久 | 天天操天天插 | 欧美淫 | 欧美人人澡 | 一区二区三区国产在线 | 亚洲精品日韩在线 | 福利在线看 | 中文字幕在线不卡 | 日韩高清一区二区 | 国产日韩精品一区二区 | 无遮挡又黄又刺激的视频 | 欧美乱操| 免费观看一级特黄欧美大片 | 国产123| 国产亚洲欧美一区二区 | 天天看天天爽 | 天天狠狠 | 亚洲国产精品一区 | 久久久精品视频免费看 | 国产亚洲精品久久久久久一区二区 | 日韩欧美中文在线 | 欧美日韩在线观看视频 | 天天干夜夜夜操 | 精品一区二区三区三区 | 日韩精品一区二区三区国语自制 | 久久国产美女 | 中文二区 | 偷拍亚洲制服另类无码专区 | 99热在线精品观看 | 成人福利在线视频免费观看 | 日韩在线高清 | 久草成人在线 | 中国女警察一级毛片视频 | 成人av网站免费观看 | 久草在线视频精品 | 亚洲日本天堂在线 | 精品久久久久久国产 | 九九热在线精品 |