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Under the super virus infection, the UK's imports of masks to China have increased

by:GESTER Instruments     2022-10-02
Under the ongoing new crown epidemic in the UK and Europe, China's exports of epidemic prevention products such as masks to the UK continued to increase, making up for the decline in other commodity trade caused by the epidemic. According to the World Trade Organization, the new crown epidemic has caused severe challenges to the development of foreign trade of various countries, and the future depends on the huge uncertainty in the prospects of the epidemic. But the outbreak in the UK and Europe seems to have created an opportunity for China's anti-epidemic products. A few days ago, a Chinese company known for making disposable diapers has just been certified by the British Standards Institution (BSI) and the European Union to provide protective masks and personal protective equipment (PPE) to the UK. Daddybaby is one of many public companies that have switched to producing medical supplies and equipment during the pandemic. Responding to the BSI and EU approvals, the company said it would allow it to tap into new markets. After the outbreak of the European epidemic in March this year, LVMH Group, the owner of the luxury brand Louis Vuitton, said that it would use its perfume production line to start producing hand sanitizer; many companies, including Siemens, Airbus, Ford, etc., have also begun to partially switch to the production of masks and personal protection. Equipment, ventilators and other epidemic prevention facilities. Established in 1901, the British Standards Institution BSI is world-renowned for setting business standards. Market Demand: Shaun Rein, founder of Shanghai-based China Market Research Group, said the market demand for high-quality, fully-certified product equipment will continue to increase. He said this presents a good opportunity for some better-managed factories with large-scale manufacturing capabilities and the ability to obtain product certification to supply globally. Rehn added that although the above-mentioned Daddy Baby is a successful company, in China, the sales market of disposable diapers is saturated, so part of the conversion to export gives the company a huge opportunity for growth. He believes that this will also be part of China's mask diplomacy. China is expected to help poorer countries, especially in the production of masks and other anti-epidemic equipment. The second wave of the epidemic: In the autumn and winter of 2020, under the pressure of the second wave of the new crown epidemic, the number of new infections, the number of sick people and the number of deaths from the new crown virus all rose again, and the public medical systems of European countries were again under great pressure. Several major European economies, including France, Germany and the United Kingdom, have decided to restart nationwide or major regional lockdowns. However, unlike the shortage of masks and other anti-epidemic products at the beginning of the European epidemic in March 2020, there is no shortage of market supply in European countries at present. However, as German Chancellor Angela Merkel warned, winter 2020 will be a long, torturous four months. European countries have also made the wearing of masks at least in public transportation, shops and other places a law that must be followed, and the public's demand for masks has also increased significantly compared with the first half of the year. Import and export data: The data released by China Customs shows that due to China's successful epidemic prevention and control and resumption of work and production, China's foreign trade import and export in the first three quarters of 2020 rebounded after a sharp decline in the first quarter, which was significantly better than expected. According to customs statistics, in the first three quarters, the total import and export value of China's trade in goods was 23.12 trillion yuan, an increase of 0.7% over the same period last year; among which, exports were 12.71 trillion yuan, an increase of 1.8%; imports were 10.41 trillion yuan, a decrease of 0.6%. Due to the international demand for epidemic prevention, the export of textiles including masks was 828.78 billion yuan, a sharp increase of 37.5%. The China Chamber of Commerce for Import and Export of Textiles also stated that although the global consumer demand for textiles and clothing has fallen sharply due to the epidemic, the demand for anti-epidemic materials has surged, and the export of masks and protective clothing has soared unconventionally, driving the decline in the overall export growth of textiles and clothing. An official of the chamber of commerce said that more than 80% of Chinese masks and other anti-epidemic textiles will be exported to developed markets such as Europe, North America, Japan, Australia and New Zealand in 2020.
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