Beijing Light Industry Chamber of Commerce Conference: Enlightening Star for the New Journey of Foreign Trade
On January 8th, I stepped into the conference venue of the Beijing Light Industry and Commerce Association. The venue was decorated in a solemn and respectful manner. The participants were entrepreneurs from light industry and commerce associations across the country, gathering together for the annual meeting of the Light Industry and Commerce Association. Through this conference, we got to know the situation of the national export industry, the latest news of the world market, as well as the macro - guidance work provided by the international community to light industry enterprises.
(I) Macroeconomic Analysis
Leaders in charge of the national economy attended the meeting and interpreted the weak global economic recovery and the increased downward risks of the world economy under trade protectionism. They analyzed its impacts on the export volume of light industry foreign trade, market demand, and product price elasticity. Also, they pointed out that although China's foreign trade is stable and improving, it still faces challenges such as the reconstruction of international economic and trade rules and the need to enhance industrial innovation capabilities.
(II) Interpretation of Policies and Regulations
With the shrinking of foreign consumption capacity, in addition to advocating an increase in product export volume, the country has put forward the slogan of "boosting consumption and expanding domestic sales" to cope with the adverse environmental factors of the current global economic slowdown.
(III) Exploration of Emerging Markets
We discussed the demand preferences for light industrial products in emerging markets such as countries along the Belt and Road, Africa, and Latin America. For example, influenced by local cultural customs, there is a preference for specific - style luggage and decorative items. We also illustrated the strategies for enterprises to successfully enter emerging markets with cases.
On January 9th, the Light Industry and Commerce Association led the heads of member enterprises to visit the Exhibition Center of the Zhongguan village National Independent Innovation Demonstration Zone. The latest domestic advanced technological products were introduced to the enterprises. These new products covered a variety of advanced fields such as aerospace engineering, medicine, high - precision intelligent surgical robots, intelligent vehicles, intelligent logistics chains, and new energy development. This allowed enterprises to understand the country's forward - looking technological innovations and provided them with directions for independent innovation.
We would like to express our gratitude to the China Light Industry and Commerce Association for their warm reception. We have benefited a lot from this event, learning about the country's multi - level layout and production industry information. In accordance with the national industry guidelines, we will do a good job in the production and research and development of our original products such as KITCHEN STORAGE RACK and BATHROOM RACK of F.E.R. We will also increase the development of new products combined with other metals and plastic materials in addition to iron - based products. These new products will be launched at the Canton Fair in April. We welcome all guests to visit our company and select products at that time.