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    A Yiwu Merchant'S Self Statement: "Goods Can Not Go Out, Orders Are Not Afraid To Receive, Customers' Money Is Temporarily Unable To Return".

    2020/3/26 18:34:00 0

    Epidemic SituationYiwuExportForeign TradeOrderEconomic CrisisEconomic Operation

    Yiwu is the weathervane of China's export economy. In February 18th, Yiwu International Trade City area 1 and two opened, and Yiwu officially resumed work.

    From the end of 2 to the end of March, merchants in Yiwu International Trade City have undergone changes from "overseas orders" to "suspended shipments" by overseas customers.

    The spread of epidemics in many overseas countries has reduced the demand for foreign trade. The increase in uncertainty has made preparations for the retail industry suspended even though the epidemic is not serious. The overall decline in overseas demand is a huge blow to the export oriented Yiwu international trade city.

    Hundreds of thousands of goods, worth millions of dollars, were stacked in the warehouse, and the factories in the upper reaches were shut down after a brief resumption of work.

    To cope with the difficulties, the Yiwu market and the government are trying to push merchants to domestic trade. They are advised to open live and open online stores. But for foreign traders, this transformation is not easy and requires continuous investment.

    A Yiwu businessman intends to wait until mid April before making a decision.

    The following contents are arranged according to the interview content, dictator: Chen Lixiu, Yiwu Commercial City merchant.

    I. overseas customers

    My customers are mainly concentrated in India and Brazil. After the outbreak this year, India's customers have been urging me to deliver the goods, but at that time factories and logistics have not yet resumed work, so they have been delayed.

    When it opened in mid February, customers asked me when I could come to China to purchase. I told them that I could book a ticket for early March, because the epidemic control in China had already achieved initial results.

    Unexpectedly, by March, the overseas epidemic was serious. They had not booked the flight from India to China, and the flights were cancelled. At the very beginning, I could still order through WeChat. I also sent some goods out, but recently the customers in India basically stopped buying, and refused to ship again. The goods could only be stacked in factories or warehouses in Yiwu, and there were probably hundreds of thousands of stock.

    I am concerned about the development of the epidemic in India every day. There are not many confirmed cases in India, only more than 600 people. But the prevention and control measures are escalating. On Friday, March 20th, the government issued a notice to prepare for ten days. But in March 24th, we saw that the news continued to be closed for 21 days from March 25th.

    The most troublesome thing is that even though some countries are not serious, buyers are afraid of purchasing because of uncertainty. I was supposed to deliver the goods to a foreign trade company in March, but in March 23rd, I suddenly received a notice from the company that it would suspend the receipt and wait until the epidemic was stable.

    To tell you the truth, even if they can receive the goods now, we dare not deliver the goods, because they are not sure whether they can receive the payment. The foreign trade mode in Yiwu is a deposit of a small part of the customer's payment, less than 10%. If the goods are sent out and the money can not be collected, it will be troublesome.

    We have an industry group, and now every group is chatting about the direction of the recent foreign trade. Today, it has been rejected several orders and cancelled several orders. Some of its peers are pressing more than I am, pressing millions of dollars.

    The current situation is that our overseas customers owe us money, and we owe the factory money because they are all long-term cooperative relations. We all understand each other's current epidemic situation, and are still within the scope of capacity. We also told the factory that we will not do it for the first time, so as not to be under too much pressure, but the factory can resume work in early March, but now it can only slow down again. Or a holiday.

    Two. Trade city and self rescue

    The first and two districts of Yiwu commerce and Trade Center were reopened on the 18. Now we have to open shop every day according to the requirements.

    Now there are much less traffic in the mall, but there are still some customers, mainly Middle East people, who are not affected by the epidemic in the Middle East, but Europe and America are more serious.

    Every day, our market operators still insist on opening the door, but there is basically no business. Occasionally, there are some foreign trade companies that make inquiries to take pictures. In the afternoon, the stores are closed earlier than before. They used to be closed at 5:30, and now they are closing at 3:30 -4, and they have been closed all the time. In the 2 and March, compared with the same period last year, my shop orders were almost half less. Right.

    The government of Yiwu is still very active. Many effective measures have been taken before resuming work, but now the demand for overseas market has decreased, and what can the government do?

    The mall is suggesting that we turn to domestic sales, and also provide some platforms to learn, such as how to open outlets, how to do live broadcast, I have not learned yet, and do business around the world are also waiting to see, but before doing domestic trade is still more active to learn.

    The difference between domestic trade and foreign trade is not too big. It is simply that the quality of domestic demand is better, and the style is updated. Generally, after a domestic fire, the overseas market will also be heated for nearly half a year, but the domestic trade itself needs great investment. It needs a team and has to explore for several months.

    I am also very hesitant. If you say that after you have invested in the domestic trade, the foreign trade will be restored again. Shall I continue to do the domestic trade or turn back to do foreign trade? The two must be one or two.

    Some friends are also advising me that we can first get the online store on the Alibaba, and we can not spend too much money. Thousands of dollars can be used for pre investment. We can lower the price first and slowly accumulate customers. However, as far as I know at the moment, the domestic trade is not very good recently. The students have not yet started school, and the demand for schoolbags is relatively small.

    I am concerned about the epidemic situation abroad every day. If the situation is good, I think we should be able to control it in two months. Our country is almost two months' control. The overseas countries will be longer and more than two months to see if they can be effective.

    Now the whole foreign trade is in a wait-and-see state. I hope that the epidemic can go abroad early and resume the economy and business in the past. I am also watching to see if there is any turning in the middle of April. If there is no more, it will probably go to the domestic trade.

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