Showcasing Strengths as Foreign Trade Encounters Obstacles

As an "old - established exhibition" in the foreign trade industry, the 33rd East China Import and Export Commodities Fair grandly opened in Shanghai on March 1. It set up four major professional sub - exhibitions, namely the Clothing and Apparel Exhibition, Textile Fabric Exhibition, Household Goods Exhibition, and Decoration and Gift Exhibition, as well as cross - border e - commerce and overseas exhibition areas.

The total number of exhibition booths exceeded 5,100. New products and new technologies emerged in an endless stream at the exhibition site. During the four - day exhibition period, it is expected to welcome more than 40,000 domestic and foreign professional purchasers for cooperation negotiations, building an important communication and cooperation platform for foreign trade enterprises.

Although the foreign trade industry has a good start at present, it also faces many challenges. The global economic situation remains complex and volatile. Unstable factors such as geopolitical risks and trade protectionism bring certain uncertainties to foreign trade development. In particular, the United States recently imposed additional tariffs on Chinese goods. On the basis of a 10% increase in February, another 10% was added starting from March 4.

This undoubtedly increases the cost pressure on relevant foreign trade enterprises and impacts the exports of some industries.We are also actively conducting product research and market research to improve the competitiveness of our products and adapt to the diverse needs of the market. Reduce dependence on a single market, fully utilize data platforms and cross-border e-commerce, and explore diversified trade models. Actively develop bedding markets in East Asia, Western Europe, Southern Europe, and Northern Europe. At the same time, in response to government calls, leveraging government support, participating in overseas exhibitions, and expanding customer acquisition channels.