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Release time:
2021-01-29 11:17
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Data released by the U.S. Department of Commerce on January 28 showed that U.S. gross domestic product (GDP) shrank by 3.5 percent in 2020, the first negative record since the Great Depression of 2009 (when it shrank by 2.5 percent for the whole of the year), and the worst record since the end of World War II (1946).
The Washington Post on the 28th used "chaos" (chaos) to describe the US economy in 2020.
In the second quarter of 2020, as the neo-crowning epidemic spread rapidly in the U. S., a large number of U. S.-based businesses and factories were paralyzed and sent the U.S. economy to a record 9.5 percent quarter-on-quarter decline in the quarter. Although this data rebounded at a month-on-month growth rate of 7.4 per cent in the third quarter and set another historical record, the US Bureau of Economic Analysis said that this momentum was not maintained in the fourth quarter. The initial value of GDP in the fourth quarter was calculated at an annual rate of 4 per cent, which was the same as expected, and the previous value was 33.4 per cent.
The U.S. service sector, including restaurants, tourism and aviation, was hit hard last year by the neo-crowning epidemic, leaving millions of Americans out of work and in poverty. On January 14, President Biden proposed an economic stimulus package totaling up to $1.9 trillion million, including direct economic assistance to families, businesses and communities across the United States, as well as a focus on the testing of the new coronavirus and the production and delivery of vaccines. But the plan still needs to be passed by the U.S. Congress before it can be implemented.
Shortly after the US government launched an additional stimulus package of nearly $900 billion billion at the end of December, some lawmakers were hesitant to stimulate the economy on a large scale.
"The economic situation last year was very bad," a professor of finance and economics at Loyola Marymount University in Los Angeles told Reuters. "This is the first service sector recession in recent years, and there are a lot of job losses in this industry."
According to data from Johns Hopkins University in the United States, as of 8:00 Beijing time on January 27, the cumulative number of new crown confirmed cases in the United States has exceeded 25 million, accounting for 25% of all reported cases in the world. In addition, the United States has the highest number of new deaths reported every day in the world, accounting for 1/5 of the new deaths reported every day in the world.
Reuters quoted economists as saying that the growth rate of the U.S. economy is expected to continue to slow in the first quarter as the neo-crowning epidemic is still under control in the United States, but with "more economic stimulus measures and vaccination numbers", this rate "will be improved before the summer". (Network of Observers)
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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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