Trade warning
Release time:
2021-01-04 10:43
Source:
As 2021 approaches, China-EU relations will usher in a high-light moment-the leaders of both sides jointly announced the completion of the China-EU Investment Agreement negotiations as scheduled. President Xi Jinping spoke highly of the results of the negotiations, pointing out the way forward and injecting strong impetus into deepening China-EU cooperation and jointly promoting world development and prosperity.
This extraordinary year has witnessed the strategic determination of China and Europe to face difficulties and open up cooperation. Against the backdrop of the global pandemic of neo-coronary pneumonia and the unprecedented changes in the world in a century, as well as the increasing number of unstable and uncertain factors, the two sides achieved the expected goal of completing the negotiations within the year as scheduled and reached a balanced, high-level, mutually beneficial and win-win investment agreement. This achievement demonstrates China's determination and confidence in promoting a high level of opening up to the outside world, which will not only benefit China and Europe, but will also make an important contribution to the recovery of the world economy in the post-epidemic period and the building of an open world economy.
The completion of the investment agreement negotiations between China and the EU on schedule benefited from the foresight of the leaders of both sides and complied with the trend of the times for win-win cooperation. Since the beginning of this year, high-level China and the EU have maintained close communication. President Xi Jinping has held video meetings or phone calls with leaders of the EU and member states on many occasions to lead the negotiations on the China-EU investment agreement. From dialogue and consultation to narrowing differences to the completion of negotiations as scheduled, facts have fully demonstrated that China-EU cooperation is far greater than competition, and consensus is far greater than differences. As long as we adhere to mutual respect, dialogue and consultation, the cooperation between the two sides will continue to make new breakthroughs, open up new prospects, and reach a new level.
The completion of the negotiations on the investment agreement between China and the EU on schedule demonstrates China's firm determination to promote a high level of opening up to the outside world and reflects the practical needs of mutual benefit between China and the EU. The industrial interests of China and Europe are intertwined and highly integrated, and economic and trade cooperation has shown great resilience in the face of the epidemic. As China's door opens wider and wider, European companies have expanded their investment in China, and Chinese business has become the key for many companies to maintain profitability. At present, China has become the EU's largest trading partner. The China-EU Geographical Indications Agreement is about to enter into force. A balanced, high-level, mutually beneficial and win-win investment agreement will surely provide greater market access and higher levels for China-EU mutual investment. Business environment, stronger institutional guarantees, and brighter cooperation prospects.
China and the EU completed the negotiations on the investment agreement on schedule, issued a strong voice of the times in support of economic globalization and free trade, and demonstrated their responsibility to jointly promote the development and prosperity of the world. Although unilateralism and protectionism are surging against the current, China has always stood on the right side of history and joined hands with all parties including the European Union to promote multilateral cooperation and build an open world economy. From the signing of the Regional Comprehensive Economic Partnership Agreement (RCEP) to the completion of the investment agreement negotiations between China and the EU, this is a major victory for multilateralism and open cooperation, and it is also the will of the people to overcome difficulties and develop together.
After seven years of consultation, the final result was positive. The completion of the negotiations is an important step for the China-EU Investment Agreement to take root, and the follow-up agenda still requires the joint efforts of both sides. We have reason to believe that China and Europe, as two major global forces, two major markets, and two major civilizations, will be able to seize opportunities and actively act to build a more influential China-EU comprehensive strategic partnership and act as a cooperative builder of world peace and progress. (Xinhua)
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The company was founded in 1997, currently 4000 a variety of models of automobile brake discs. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting. The company's process equipment strength, Japan's new east automatic casting line 6, commercial vehicle brake disc automatic casting line 2. There are 56 processing lines -6 full-automatic one-word processing lines and 30 robot processing lines. Packaging cleaning line 5, spraying line 3.
Since the beginning of this year, the price of raw materials has risen sharply, sea freight has soared, and the difficulty of finding a box of shipping space has seriously plagued manufacturing companies. The current power curtailment has made companies even worse. Take our company as an example. Since the power limit in early September, the company's production capacity has dropped by about 50% on average every day. Exports have decreased by 0.02 billion yuan. The performance rate of orders in hand is about 50%. New orders were reduced by 10%. These data are the impact of the current power rationing on enterprises. If the power rationing situation is not alleviated, the impact on enterprises in the fourth quarter will be more serious.
Recently, Yunnan, Jiangsu, Qinghai, Ningxia, Guangxi, Guangdong, Sichuan, Henan, Chongqing, Inner Mongolia, Henan and other places have begun to carry out energy control measures to limit energy consumption.
The total power generation in 021 is not low. In the first half of the year, China's total power generation was 3871.7 billion kWh, twice that of the United States. At the same time, China's foreign trade has grown extremely fast this year. According to data recently released by the General Administration of Customs, in August, the total value of my country's foreign trade imports and exports was 3.43 trillion billion yuan, a year-on-year increase of 18.9 percent, achieving positive year-on-year growth for 15 consecutive months, further showing a steady and solid trend. In the first eight months, the total value of China's foreign trade imports and exports was 24.78 trillion billion yuan, up 23.7 percent year-on-year and 22.8 percent over the same period in 2019.
The impact of the neo-coronary pneumonia epidemic on global supply chains continues, with high international freight rates, container shortages and terminal congestion still unabated, and labor shortages exacerbating the dilemma. The outbreak of the new coronary pneumonia epidemic in 2020, due to the obstruction of international freight, soaring transportation costs, international trade in goods greatly hindered, triggering a supply chain crisis in many countries (regions), since 2021, the new coronary pneumonia virus variant strain raging, so that the supply chain has not yet fully recovered.
Statistics from the China Association of Automobile Manufacturers show that in the first seven months of 2021, China's cumulative automobile exports reached 1.002 million, an increase of 1.2 times year-on-year, but the month-on-month growth was only 9.8 percent, showing a shrinking trend. Moreover, commercial vehicle exports fell 11.6 percent month-on-month, of which new energy commercial vehicle exports fell 57.8 percent month-on-month. It is said that the main reason for the decline in automobile exports is the poor shipping channels.
Product recommend
At present, 4000 a variety of models of automobile brake discs, brake drums with an annual output of 10 million pieces. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting.
At present, 4000 a variety of models of automobile brake discs. Products are mainly exported to Europe, North America, South America, Australia and other countries and regions. At present to SAIC, JAC, BYD, Jinlong, Yutong and other domestic models to provide supporting.
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