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China in 2020, Shengtong in 2020, is rising again

November 20, 2020


China has almost completely contained the new crown epidemic. The lives of the Chinese people have generally returned to normal. The Chinese people no longer need to be entangled with the virus. All large and small enterprises across the country have been operating normally, and factories have resumed normal production. In daily life, we can all travel and eat out at will. We Masks are usually worn in public places, public transportation and elevators.



According to data released by the General Administration of Customs on the 7th, in October, my country’s foreign trade imports and exports were 2.84 trillion yuan, an increase of 4.6%, continuing the previous rapid growth trend and achieving positive growth for five consecutive months. Among them, exports were 1.62 trillion yuan, an increase of 7.6%; imports were 1.22 trillion yuan, an increase of 0.9%; the trade surplus was 401.75 billion yuan, an increase of 34.9%.


In the first 10 months of this year, the total value of my country’s import and export of goods was 25.95 trillion yuan, a year-on-year increase of 1.1%. Among them, exports were 14.33 trillion yuan, an increase of 2.4%; imports were 11.62 trillion yuan, a decrease of 0.5%; the trade surplus was 2.71 trillion yuan, an increase of 16.9%.


While the scale of trade continues to increase, my country's export market share is also increasing. In the context of a severe global economic recession and a significant shrinking of external demand, this highlights the strong resilience of my country's foreign trade.


The safety production department of Liwan District government came to Shengtong factory to learn about the situation. Master Wen, the manager of the factory, said that the production of the whole factory is in an orderly way and the production order plan of the factory has already reached December 30, 2020. Sixty workers are working to get the goods to customers before Christmas, with plans for further expansion next year.


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Picture of Shengtong Assembly Department

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