New Changes In Choosing Suppliers In The New Global Trade Situation In 2020
Recently, the Chinese and U.S. governments issued announcements announcing reach phase one Trade Agreement. According to the agreement, China will increase its purchase of American agricultural products, and the United States will also abolish its policy of increasing tariffs and gradually reduce tariffs on existing Chinese imports. Also, the Chinese and US governments have reached further discussions on intellectual property, expanding trade, exchange rates, and financial services.
During the last two years of Sino-US trade conflicts, the situation of global trade has changed greatly, which has also affected the supply chains of traders in various countries. With phase one of the Sino-US trade agreement at the end of 2019, the situation will be eased but will not be completely stable in a short time for the time being. Therefore, there will be some new changes in the selection of suppliers by international traders in 2020. To respond to changing global trade situations and avoid risks, buyers will be more inclined to choose the suppliers who can accept small test orders, attention at intellectual property protection, and have stable manufacturing or supply capabilities.
In 2019, ATYOU Health Tech had tried to cooperate with international buyers on more small orders. Many ultraviolet light sanitizer devices with utility patents and design patents had been favored by many small appliances traders and brands. Among them, the latest Eco friendly bottle sterilizer is becoming a popular purchase product in 2020. Established by professional manufacturer Qiqiangsheng Moulds Group, ATYOU Health Tech has a stable production service supply chain that integrates R&D, mold production, injection molding, and assembly. That is the reason why many buyers go on deep cooperate with ATYOU Health Tech in R&D and OEM.
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