[ad_1]
Image source,fake images
Under the new corona epidemic in 2020, China’s exports of masks and other anti-epidemic products to EU countries, including the UK, have exploded.
Under the continuing new corona epidemic in the UK and Europe, Chinese exports of anti-epidemic products such as face masks to the UK continued to rise, offsetting the decline in trade in other commodities caused by the epidemic.
According to the World Trade Organization, the new corona epidemic poses a severe challenge for the development of foreign trade in several countries, and the future depends on the enormous uncertainty in the outlook for the epidemic.
However, the outbreaks in the UK and Europe appear to have created opportunities for Chinese products against the epidemic.
A few days ago, a Chinese company famous for making paper diapers just obtained the British Standards Institute (BSI) and EU certification, and will supply protective masks and personal protective equipment (PPE) to the UK.
Daddybaby (Daddybaby) is one of many publicly traded companies that produced medical supplies and equipment during the pandemic.
In response to approvals from BSI and the EU, the company said it will allow it to open new markets.
After the outbreak in Europe in March this year, LVMH Group, owner of the luxury brand Louis Vuitton, said it would use its perfume production line to start producing hand sanitizer; many companies, including Siemens, Airbus, Ford and others, have also started partially producing masks and personal protection. Equipment, fans and other facilities for the prevention of epidemics.
The British Standards Institute BSI was established in 1901 and is known for setting business standards.
Market demand
Shaun Rein, founder of the Shanghai-based China Market Research Group, said: The market demand for high-quality and fully certified products and equipment will continue to increase.
He said this provides a good opportunity for some better-run factories that have large-scale manufacturing capabilities and have the ability to get certified for products to supply globally.
Rehn added that while the aforementioned Daddy Baby is a successful company, the market for diaper sales in China is already saturated, so the partial conversion to export gives the company a great growth opportunity.
He believes this will also become part of China’s mask diplomacy. China is expected to help the poorest countries, especially in the production of masks and other epidemic prevention equipment.
Second wave
In the fall and winter of 2020, under the pressure of the second wave of the new corona virus, the number of new infections, the number of patients and the number of deaths from the new corona virus has increased again, and public medical systems in European countries are again under great pressure.
Several large European economies, such as France, Germany and the United Kingdom, have decided to restart important national or regional lockdown and isolation measures.
However, unlike the shortage of anti-epidemic products such as face masks at the beginning of the European epidemic in March 2020, there is no shortage of market supplies in European countries.
However, as German Chancellor Merkel warned, the winter of 2020 will be four long and tormented months. European countries have also stipulated that the use of masks in public transport, shops and other places must at least comply with the law, and the demand for masks by the public has also increased significantly compared to the first half of the year.
Image source,fake images
France has once again blocked the national fight against the epidemic, but public transport and other services have not stopped.
Import and export data
According to data released by China Customs, due to China’s successful epidemic prevention and control and resumption of production, China’s foreign trade import and export situation recovered after a sharp decline in the first three quarters 2020, which was significantly better than expected.
According to customs statistics, in the first three quarters, China’s total import and export value of goods trade was 23.12 trillion yuan, an increase of 0.7% over the same period last year; of which exports were 12.71 billion yuan, an increase of 1.8%; imports were 10.41 trillion yuan, a decrease of 0.6%.
Due to international epidemic prevention requirements, exports of textiles, including masks, amounted to 828.78 billion yuan, an increase of 37.5%.
The China Chamber of Commerce for the Import and Export of Textiles also stated that although the demand of conventional consumers for textiles and clothing globally has plummeted due to the epidemic, the demand for materials for the prevention of The epidemic has exploded and the export of masks and protective clothing has exploded unconventionally, causing the overall growth of textile and clothing exports to decline.
Chamber of Commerce officials stated that more than 80% of anti-epidemic textiles, such as Chinese masks, will be exported to developed markets such as Europe, North America, Japan, Australia and New Zealand in 2020.
