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From “Lack of Orders” to “Loads of Orders”: Hangzhou Enterprises Make a Reversal in Business Performance
en.hangzhou.com.cn   2020-05-27 13:59   Source:Hangzhou Daily

Where there is crisis, there is opportunity. Some foreign trade enterprises in Hangzhou have managed to capture the new demands in the everchanging market thanks to high sensitivity. They’ve made rapid response to market change and expanded the production scale to meet market demands and attract overseas orders, changing “lack of orders” into “loads of orders”. According to the statistics released by Qianjiang Custom, the total import and export value of Hangzhou in April reached 46.76 billion yuan, making a 10.8% year-on-year increase. Thereinto, the export value reached 30.1 billion yuan, making a 17% year-on-year increase, which marks the first-time export growth since COVID-19 outbroke. The growth rate gained an 18.4% increase compared to that of March.

Author:Reported by WANG Lili  Editor:Wang Yueyun
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