Economic development in fight against COVID-19

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Economic development in fight against COVID-19

  • 2020-03-04

Since 2019nCoV fastly spread from Wuhan to entire China and around the world, people are concerned whether packages shipped from China will transmit the 2019nCoV, in particular the World Health Organization(WHO) announced 2019nCoV a public health emergency of international concern(PHEIC) on 31st, Jan.

As the general of WHO, Tedros Adhanom Ghebreyesus said, “This is the time for facts, not fear; This is the time for science, not rumors; This is the time for solidarity, not stigma.” WHO also doesn’t recommend limiting trade & movement.

China’s foreign trade will maintain strong endogenous growth momentum. In recent years, the fast upgrading of China’s manufacturing industry has accelerated the transformation of its development mode of foreign trade. In contrast with the period of SARS, many Chinese enterprises have now developed into leading players on the global stage.

“Made in China” products have gained popularity in the global market and have been consumed worldwide, especially in the fields of communication equipment, construction machinery, clothing, home appliances, high-speed rail and nuclear power equipment.

In any time frame, certain countermeasures will be effective in curbing the negative impact of the novel coronavirus outbreak on China’s foreign trade.

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