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"Economic Half Hour": (Zhao Zhongxiu) Confidence and Resilience Survey on the Top Ten Foreign w88 online casino Industries in China

Published: April 18, 2025 Editor: Zhang Xinyun

(Source: Economic Half Hour 2025-4-17)

[Editor's Note] The United States "repeatedly jumped" in w88 online casino policy, waving the tariff stick arbitrarily. This series of unruly measures are like a huge rock invested in a calm lake, causing huge waves on the map of the world economy and causing the global economic market to turmoil. my country's foreign w88 online casino industry is facing unprecedented challenges. How can my country's foreign w88 online casino enterprises deal with the high tariff barriers built by the United States?Zhao Zhongxiu, President of the University of International Economics and w88 online casino, is a guest on "Economic Half Hour", explore the confidence and resilience hidden behind China's foreign w88 online casino industry, let's take a look together.

Host: Zhejiang Ningbo stationery industry's "not only needs to survive, but also needs to live better" is deeply touching. In your opinion, is this kind of confidence a common norm for our companies, especially foreign w88 online casino companies?

Zhao Zhongxiu:After working hard in the international market for many years, these companies are very competitive. This includes manufacturing capabilities, R&D capabilities of enterprises, etc. Their products are constantly upgrading and iterating, so foreign customers' trust and dependence on Chinese products and manufacturing in China are actually increasing.

Host:On the morning of April 14, the General Administration of Customs once stated this sentence when introducing the import and export situation in the first quarter of this year: my country's exports are indeed facing a complex and severe external situation, but the sky cannot fall. Where do you think the confidence of this sentence comes from?

Zhao Zhongxiu:In the whole first quarter, China's foreign w88 online casino export performance was very good, which truly reflects China's position in the global production system. China is no longer the so-called processing plant or manufacturing center in the past, we are now an important level in the global production system.

Host: Cixi’s home appliances have begun to go overseas together, which is an innovation in overseas strategies. At the same time, from the product side, there is another innovation, that is, a small air conditioner can speak seven languages.

Zhao Zhongxiu:From the production side, this is a typical intelligent manufacturing. It is not a simple small household appliance product in the past, but a product that already includes human-computer dialogue functions.

Host: This kind of innovation in enterprises is actually a normal state for manufacturing enterprises, no matter what kind of environmental changes they face. So, in terms of your judgment, how should the trade war initiated by the United States develop in the future?

Zhao Zhongxiu:Because no one has encountered such high tariffs, it has actually destroyed the multilateral trading system that has been operating around the world for more than 70 years, causing a short-term and huge damage to the business environment and business channels that everyone was familiar with in the past. This high tariff is actually a prohibited tariff, which makes w88 online casino impossible, so many companies have to press the pause button.

Host: This uncertainty actually has a huge impact on the company.

Zhao Zhongxiu:Yes, it should be adjusted in time, otherwise it may be a victim of the tariff war.

Host: As you said, the normalization of the trade war actually makes our foreign trade companies more and more clear-headed and respond quickly. Faced with the suppression of US tariffs, many companies choose to build factories overseas in Southeast Asia and other places to avoid risks. Do you think this approach can truly avoid risks?

Zhao Zhongxiu:This approach is actually an optimization of the supply chain process, which can avoid single market risks to a certain extent and ensure the economic security of our country. We must keep high-end links, including the continuous progressive R&D links, at home, which is a reflection of our competitiveness; at the same time, we move mature links overseas, and use the local good business environment and local labor to reduce the overall manufacturing cost.

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