At present, there are nearly 467,000 confirmed cases worldwide, which is 466,955 cases. Seven countries have more than 20,000 confirmed cases, of which five countries have more than 30,000. A total of 74,386 cases were confirmed in Italy, 65,285 in the United States, 49,515 in Spain, 37,323 in Germany, 27,017 in Iran, and 25,600 in France.
With the development of the epidemic prevention and control situation, more than 60 countries or regions in the world have declared a state of emergency one after another, and some countries or regions have also adopted measures to "close the country" and "close the city."
The scale of the outbreak is large, the changes are ups and downs, and the scope of the impact is beyond imagination. Downside risks to the global economy continue to increase, turbulence in the international financial markets has intensified, and recent foreign trade orders have continued to be suspended, postponed, or even cancelled!
In this difficult period, what preparations must be made for the export of goods by enterprises? How to deal with this "war epidemic" so as to minimize losses?
First of all, we should do a good job, stabilize the foundation, accelerate the transformation of new technologies, eliminate backward production capacity, abandon obsolete technologies and products, find new growth points for the industry, and accelerate intelligent manufacturing.
Secondly, business docking orders are bound to be more cautious. Even if an order is actually placed, it is necessary to consider whether it will be cancelled in the future. If you do n’t do it, the delivery date wo n’t be up to date; if you do, it may be cancelled halfway, wasting investment and increasing inventory.
Combined with the business characteristics of most foreign trade, we recommend:
Do not accept foreign trade orders without deposit, or try to take reliable insurance, which can support customers and transfer risk.
If you have been a customer on credit sales, you can tell the customer that this new crown pneumonia caused a shortage of funds for all raw material manufacturers, and they only accept cash orders.
▎Orders already in production must be confirmed with the customer.
Avoid expressions like "do you want this list?" In case the customer doesn't reply to you, you're going to ride a tiger. It is suggested to "know that New Coronary Pneumonia has a serious impact on your country and whether there is any problem with your order shipping or sales. Cancel it within three days if you cannot confirm it (or ship it, as the case may be). In this way, the customer is forced to confirm the contract again if the epidemic situation has occurred, so as to prevent him from citing "force majeure" to claim liability for breach of contract.
▎If the goods have been delivered and the payment period has been reached, we must pay close attention to the payment. The obligation to pay money is usually not fulfilled because of the epidemic situation.
If the customer uses this as an excuse, the other party is likely to have financial difficulties. Given the time limit for fulfilling the situation, the other party cannot consider payment control, return shipping, etc. if the payment cannot be made.
▎ It is recommended that export enterprises sort out the stock risks in key countries affected by the epidemic.
For the goods that have been shipped, pay close attention to the transportation of the goods, consult and communicate with the freight forwarders and shipping companies in a timely manner, and start the work of reducing the possible customs injunctions. Strengthen the tracking of foreign exchange receipts due to buyers due.
▎It is recommended that export companies communicate with the buyer in a timely manner for the goods that have not yet been shipped.
Reasonably arrange the delivery time and pay close attention to the risk of rejection and arrears that may occur in the case of epidemic prevention and control.
▎ It is recommended that export companies agree in advance when negotiating new contracts.
Through force majeure and property rights retention clauses, the risks that may be caused by the new crown pneumonia epidemic are agreed in advance, and the uncertainty caused by the epidemic situation is avoided or minimized as far as possible.
(2) The time limit for new contracts is appropriately relaxed.
For buyers whose business is indeed affected by the epidemic situation, when the new contract is concluded, the payment period may be appropriately relaxed to give the buyer a certain buffer period.
It is recommended to keep a record of information communicated with the buyer during the epidemic.
In particular, it involves the confirmation of claims and debts, tracking of repayments, correspondence emails for collecting debts, WeChat chat records, etc., which provides a reference basis for rapid settlement of claims once they are out in the future.
It is recommended to appropriately adjust the ratio of domestic and foreign trade to mitigate the impact of the epidemic.
The epidemic is temporary and the foreign trade market will also pick up. Through our efforts and the strength of the country, the foreign trade market will definitely overcome the immediate difficulties and usher in a good opportunity for export.
In adversity, every step must be stable and far away, and the future can only be expected! In 2020, Jiangsu Jincheng Air Conditioning Engineering Co., Ltd. and you will support each other to overcome the difficulties. Jincheng and you look forward to the day when you can take off your mask and wait for the spring of foreign trade.
Jiangsu Jincheng Air Conditioning Engineering Co., Ltd. focuses on:
Industrial air conditioners, chemical fiber industrial air conditioners, chemical fiber industrial refrigeration, textile industry air conditioners, clean room refrigeration, ventilation ducts, cooling towers, freezers and other air conditioning units and accessories.
Jincheng can bring high-quality industrial air-conditioning products and satisfactory services to everyone.
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