Ministry of Commerce: New materials needed by foreign companies face a cut in supply and demand shrinks into new pain points

Ministry of Commerce: New materials needed by foreign companies face a cut in supply and demand shrinks into new pain points
On April 3, the Ministry of Commerce issued a special press conference. Zong Changqing, Director General of the Foreign Affairs Department of the Ministry of Commerce, said at the press conference that the epidemic situation has accelerated the spread and spread abroad, which has caused new problems for China ‘s attraction and the resumption of production of foreign companiesCation effect.Mainly include the difficulty of hiring enterprises from local to foreign, and the return of domestic personnel to the post is accelerating, but foreign executives and technical personnel are more restricted from leaving China; logistics congestion points have changed from domestic to international, ports in Europe and America are closed, and flightsGrounded, the air capacity is reduced by half, and the cost is greatly increased.Including, the domestic industrial chain and supply chain are rapidly repaired, but many factories in Europe, America, Japan and South Korea are shut down, and some high-tech middleware and new materials required by foreign companies are facing a supply cut.In addition, the pain points of export orders ranged from insufficient production capacity to shrinking external demand, and the internal enterprise production capacity gradually recovered, but the decline in overseas demand and the cancellation or delay of orders caused a new impact on the business development of the enterprise.It is worth noting that on March 26 of the Air Force, the UNCTAD released the “Global Investment Trends Monitoring Report”, which adjusted for a decline of 5% to 15% in global multi-direct investment forecasted on March 8th.Affected by the aggravation of the epidemic, from 2020 to 2021, global transnational direct investment will drop significantly by 30% -40%, and the scale of the “cake” will be reduced, which will further intensify the competition for international investment.However, Zong Changqing also said that according to analysis by some experts and scholars, China’s epidemic situation was the first to be effectively controlled, with a high probability of becoming the “stability anchor” and “source of growth” of the world economy this year.% Of enterprises will increase their investment in China according to the original plan, which is an increase of 17 percentage points from February, proving that foreign investment in China is expected to stabilize and investment confidence is rapidly recovering.Sauna, Ye Wang Pan Yichun Editor Li Weijia Proofreading Wang Xin