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How is the economy this year as the United States cuts orders by 40%

2023-02-23

There are many reasons for the decline of trade orders. One is the fierce international competition, the second is the global economic downturn, and the third is the promotion of certain forces. In this year, the trade orders exported by the United States to us have dropped by 40% compared with last year. At the same time, several countries that have trade with us have also begun to reduce their orders to us.

For a long time, China and the United States have maintained close economic and trade relations with each other in terms of manufacturing, especially in terms of foreign trade. The trade orders exported by the United States to China account for a large proportion of China's foreign trade, but in recent years, due to various reasons, the United States intends to reduce its trade orders with China.

In the history of Sino-US trade, this year's trade volume is the lowest, and it has a great impact on our economy. In such an environment, many large foreign trade enterprises are facing huge financial pressure, and many enterprises are trying to reduce costs.

If China wants to continue to maintain the status of foreign trade, it cannot adopt the old way of reducing costs. What we need to do now is to transform the industry, because only in this way can we improve our manufacturing capacity. With technology and technology, we don't have to worry about foreign orders.

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