General

Seeing the new year coming, all parts of the country are brimming with excitement and joy to welcome the Spring Festival. However, for the foreign trade industry, the atmosphere is not so relaxed. After the US orders decreased by 40%, there was too much "loss" of customers. China's major foreign trade enterprises have ushered in their own winter, Huacheng Import and Export Data Observation reported.

At present, many foreign trade enterprises have given their employees a holiday to go home early for the Spring Festival. However, the problems in the industry have not been well solved, so what will happen to the economy next year? Now, let's listen to what experts say.

1、 The US side reduced orders by 40% and lost a large number of overseas customers

According to the observation report of Huacheng Import and Export Data, container congestion in American ports is still serious during this period. In order not to affect the normal order of ports, many shipping companies have cancelled container transportation routes. The direct reduction of orders by the US side by 40% has brought a huge blow to many foreign trade enterprises in China.

According to the statistical results given by the relevant departments, as of October this year, China's total exports were 298.37 billion US dollars, according to the Huacheng Import and Export Data Observation Report. In November, the total export volume was 296.09 billion yuan. The total export volume in December may become even worse. The continuous decline of the total export volume has brought a major blow to many foreign trade enterprises.

At the same time, Southeast Asian countries, which have been developing in low-end manufacturing markets in the past two years, have also given us greater advantages and taken a large number of orders from us. The loss of a large number of customers further hit the development of China's foreign trade enterprises. After entering 2023, where should these foreign trade enterprises go?

2、 Go abroad directly to grab orders, and turn the market upside down

In the face of such a situation, many foreign trade enterprises in China have chosen to go abroad together to grab orders. Only by getting enough orders can we maintain our own survival and development. If all direct orders are taken away by Southeast Asian countries, the development of our foreign trade will be hit by a new round next year.

Rather than waiting for passivity, it is better to take the initiative. At present, the Ministry of Commerce of Zhejiang Province has formed a team specialized in "going abroad to grab orders" with several foreign trade enterprises in the province. The team is about to start a 6-day European tour, go out to negotiate business in person, and grab orders for the development of the new year.

At present, many order grabbing teams have gained. For example, Jiaxing's order grabbing group has won the attention of Japanese enterprises by virtue of its advantages in renewable cotton and environment-friendly materials. Japan has always been a nation that attaches great importance to environmental protection. Jiaxing Cotton Textile Factory can really win their favor with such advantages. Therefore, the cooperation between the two sides was reached.

And Ningbo's order grabbing group has expanded its business to the Arab region. Many Afghan enterprises have thrown olive branches to Ningbo order grabbing group. Among the order grabbing teams this time, the pressure of Ningbo is undoubtedly the greatest. After all, before that, most orders of these manufacturing enterprises came from the American market.

Now the US side only receives 40% of the orders, which is also a huge blow to the Ningbo order grabbing team. If we can't open up new markets and find new customers as soon as possible, the development in the next few years will not be optimistic. Fortunately, the negotiation with Afghanistan is very pleasant now. In the future, Ningbo foreign trade enterprises are likely to turn their main business to cooperation with Afghanistan. Huacheng Import and Export Data Observation Report.

3、 Reasons for the US side's 40% order reduction

The reason why the US side made such a choice is mainly due to two factors. The first reason is that the consumption capacity of the common people is declining due to the sluggish economic development of the country. Since there is not enough consumption capacity, there is no need to import a large number of manufacturing products.

At present, the economic development of the US side is still in a dilemma. It is still not easy to recover in a short time. Therefore, in the next few years, it is unrealistic for China's foreign trade enterprises to increase cooperation with the United States. Rather than continue to place the hope of development on the US side, it is better to constantly open up new markets and new businesses of our own.

The second reason is the adjustment of the US trade structure. In fact, the US has made corresponding preparations for building a new supply chain several years ago. In addition to recalling some low-end manufacturing industry chains, the United States is also increasing cooperation with Southeast Asian countries.

On the one hand, it is to let the domestic manufacturing industry return; on the other hand, it is to continuously reduce its dependence on China's imports. From this, we can see that the ultimate goal of the US side is to cut off economic and trade exchanges with China as much as possible, so as to achieve the goal of "de Chinesization".

In recent years, most of the US investment has been concentrated in Europe and Southeast Asia. In the future, if we want to increase cooperation with the US, it will only become more difficult. After 2023, we will continue to increase the internal circulation of the economy. We are the world's largest consumer market. It is far more important to grasp the internal cycle of the economy than the American market, Huacheng Import and Export Data Observation reported.