China's international trade status is irreplaceable

In response to the current "trade war" news from China and Europe and the United States, Dr. Wolfhart Hauser, CEO of Intertek International Group, a well-known international certification service agency, said at the 20th anniversary of the group: "As a company promoting international trade, We oppose any behavior that restricts the development of international trade, and we do not want to see too many trade protectionist behaviors.” Wolfhart Hauser believes that China's continuous development is an irresistible process and its status in international trade is difficult to replace.

IIntertek is the world's largest quality and safety service organization. Its predecessor was the light bulb test bureau founded by Edison in 1896. Over the years, "behind the scenes" has guaranteed the quality and safety of McDonald's, Kraft, Haier, Midea, TCL and other brands. He took the 2008 Beijing Olympic Games medal test and was the licensed product quality partner of the 2010 Shanghai World Expo.

Wolfhart Hauser believes that the global financial crisis has increased consumer demand for product safety. Therefore, companies pay more attention to the control of product quality and the safety monitoring of the production process. “In the past, we have helped more foreign famous brands to enter China. Now we hope to help domestic brands such as Li Ning to export to overseas markets.” In the past few years, the business volume of the group in China has doubled every year. The speed is increasing.

Newer data shows that China’s import and export situation improved year-on-year last month. Exports fell by 15.2% year-on-year, a decrease of 8.2 percentage points from the previous month; imports fell by 3.5% year-on-year, a sharp drop of 13.5 percentage points from the previous month; the surplus was 12.932 billion, down 2.78 billion from last month.

He also said that China has gradually developed from "manufacturing base" to "innovation and environmental protection." “When we first entered China, the main industries concentrated on toys, textiles, and home appliances, and later turned into auto parts, electronics, and consumer goods. Now we are turning to new energy sources, such as the wind power generation industry.”

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