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China: container shipping market will gradually recover

On August 29, China Council for the Promotion of International Trade (CCPIT) at a press conference in response to the question "whether the problems reported by foreign trade enterprises, such as the increase in shipping prices and the shortage of containers, have been alleviated", the price of some popular routes has been reduced, and the container shipping market is no longer "difficult to find a box".
 
A recent survey of more than 500 enterprises conducted by the CCPIT showed that the main difficulties facing enterprises are slow logistics, high costs and few orders. The demands of enterprises mainly focus on maintaining the stability and smooth flow of international and domestic logistics, implementing relief and assistance policies, and facilitating cross-border personnel exchanges. Some enterprises are looking forward to the resumption of domestic exhibitions and the opening of overseas exhibitions to get more orders.
 
In the past three months, as the epidemic has been effectively controlled in China, especially the implementation of the national economic stabilization policy has been accelerated, foreign trade imports and exports have stabilized and picked up, and business expectations and confidence are gradually improving.
 
Recently, CCPIT has also taken a series of measures to stabilize foreign trade. Support enterprises to go to overseas exhibitions in ways such as "participating on behalf of exhibitors", and help enterprises to "guarantee orders and increase orders" to help enterprises prevent risks and stabilize the market.

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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