Regarding the housing economy, Sino-US trade, complaints from the Ministry of Commerce of the Canton Fair

Regarding the housing economy, Sino-US trade, complaints from the Ministry of Commerce of the Canton Fair
On April 23, the Ministry of Commerce issued a regular press conference. The news of the Ministry of Commerce called Gao Feng introduced the development of the nationwide online retail market in the first quarter at the press conference and caused recent problems.The nationwide online retail sales reached 2 in the first quarter.2 trillion US dollars of home economy fame According to data from the National Bureau of Statistics, the nationwide online retail sales reached 2 in the first quarter.2 trillion, down by 0 every year.8%, which is narrower than the previous two months2.2 averages.At the same time, the role of online retail in promoting consumption has been further enhanced, and the online retail sales of physical goods accounted for 23 of the total retail sales of consumer goods.6%, an increase of 5.4 averages.At present, the online retail business is recovering well. The business big data monitoring of 3.5 million major online retail shops shows that historically, the internal business resumption rate of the platform has been nearly 90%, an increase of 20 values from the end of February.It is worth noting that under the epidemic, the “house economy” has become a hot spot in the market. Commercial big data monitoring shows that in the first quarter, e-commerce live broadcasts exceeded 4 million, and more than 100 county heads and mayors entered the live broadcast room to “endorse” local products.Household items, kitchenware, fitness equipment, etc. are favored by consumers, with an annual growth rate of more than 40%.”China and the United States should take the opportunity to oppose the first phase of the Sino-US economic and trade agreement as an opportunity to move towards each other.” Gao Feng also responded to the “Report of the United States and China National Committee on Exports to China in 2020” at the press conference todayproblem.He said that the report shows that before Sino-US economic and trade frictions occurred, China has been a market where U.S. exports have accelerated.Between 2010 and 2017, the value of US exports to China increased by 41%.8%, much higher than the increase in U.S. exports to other regions19.4%.Affected by Sino-US economic and trade frictions, the value of U.S. exports to China has fallen sharply in the past two years, reducing the growth of U.S. exports to China in the past decade to 16%, while U.S. exports to the rest of the world have increased by 29%.This proves once again that there are no winners in the trade war, Sino-US cooperation benefits both, and fighting hurts both.”China and the United States should take the opportunity of participating in the first phase of the Sino-US economic and trade agreement to move toward each other, strengthen cooperation, manage differences, strive to reduce the variables in the trade relationship, avoid new trade and investment restrictions, and jointly promote economic and trade relations.Healthy and stable development.Against the background of the global spread of the new coronary pneumonia epidemic, this is of great significance for maintaining the economic stability of China and the United States and for promoting the impact of the global economic recovery on the epidemic.Gao Feng said.The Canton Fair’s investment promotion work has started. The overall progress is smooth. Officials have released news that the 127th Canton Fair will be held online from June 15-24, for a period of 10 days.At the press conference, Gao Feng also said that in response to the characteristics of the 127th Canton Fair held on the Internet, we have launched relevant investment promotion work. Currently, the overall progress is smooth. This Canton Fair focuses on global coverage and has provided more than 40Ten thousand overseas buyers issued invitations, and at the same time, through the Canton Fair’s overseas partners, important international industrial and commercial institutions, multinational procurement companies, etc. to carry out precise investment invitations.At the same time, the 127th Canton Fair actively invited customers who could not arrive at the meeting due to factors such as time or travel costs through various channels and methods, and strived to attract more international buyers to participate in the meeting, creating benefits for companies to take orders and ensure the marketcondition.Sauna, Ye Wang Pan Yichun Editor Zhao Ze proofreading Li Ming