Under the continuing new crown epidemic in the United Kingdom and Europe, China’s exports of anti-epidemic products such as masks to the United Kingdom have continued to increase, making up for the decline in trade in other commodities caused by the epidemic.
According to the World Trade Organization, the new crown epidemic poses a severe challenge to the development of foreign trade of various countries, and the future depends on the huge uncertainty in the outlook of the epidemic.
However, the outbreaks in the UK and Europe seem to have created opportunities for Chinese anti-epidemic products.
A few days ago, a Chinese company famous for manufacturing diapers has just obtained the certification of the British Standards Institute (BSI) and the European Union, and will provide protective masks and personal protective equipment (PPE) to the UK.
Daddybaby is one of many publicly traded companies that produced medical supplies and equipment during the pandemic.
In response to the BSI and EU approvals, the company said it will allow it to open up new markets.
After the outbreak in Europe in March this year, LVMH Group, the owner of the luxury brand Louis Vuitton, said that it would use its perfume production line to start producing hand sanitizer; many companies including Siemens, Airbus, Ford and others have also begun to partially produce masks and personal protection. Equipment, ventilators and other epidemic prevention facilities.
The British Standards Association BSI was established in 1901 and is well-known for setting commercial standards.
Shaun Rein, the founder of the Shanghai-based China Market Research Group, said: The market’s demand for high-quality, fully certified products and equipment will continue to increase.
He said that this provides a good opportunity for some better-managed factories that have large-scale manufacturing capabilities and have the ability to obtain product certification to supply globally.
Rehn added that although the aforementioned Daddy Baby is a successful company, the diaper sales market in China is already saturated, so the partial conversion to export gives the company a huge growth opportunity.
He believes that this will also become part of China’s mask diplomacy. China is expected to help poorer countries, especially in the production of masks and other epidemic prevention equipment.
In the autumn and winter of 2020, under the pressure of the second wave of the new crown epidemic, the number of new infections, the number of patients and the death toll of the new crown virus has risen again, and the public medical systems in European countries are again facing great pressure.
Several major European economies such as France, Germany, and the United Kingdom have decided to restart national or major regional blockade and isolation measures.
However, unlike the shortage of anti-epidemic products such as masks at the beginning of the European epidemic in March 2020, there is no shortage of market supply in European countries.
However, as German Chancellor Merkel warned, the winter of 2020 will be a long and tormented four months. European countries have also stipulated that at least wearing masks in public transport, shops and other places must be abided by the law, and the demand for masks by the public has also increased significantly compared with the first half of the year.