Zhejiang should organize 10,000 companies to go abroad to participate in economic and trade activities. The name of the event is particularly blunt, which is called "order grabbing action". I think similar activities should be organized across the country.
On the one hand, our epidemic prevention policies have been relaxed recently, and the epidemic situation in various places has risen. If we pay the price of increased infections here and do not get back the returns on economic growth, wouldn’t we be losing too much?
On the other hand, the Chinese economy is indeed facing severe pressure. Although the trade volume between China and the United States hit a new high in October, reaching nearly US$60 billion in a single month, the US orders for Chinese manufacturing will tend to decline sharply in the future.
If the United States tries to "decouple" and lead to a reduction in orders, we can also transfer the assembly and packaging to Mexico and other countries to avoid it. But the current decline is caused by the US economic recession and reduced demand. Therefore, there is no solution.
China-US trade accounts for more than 4% of China's GDP. There will be troubles, and even the overall development situation of China's economy will be affected. We must find a way to deal with it. Going out and opening up new markets is the only feasible way.
I believe that "Made in China" has the highest labor productivity, the highest efficiency and the most affordable rate, and will surely open up and occupy more markets.
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