Intelligent seat cover : E2200/2100/2101/2102/2103. PP or UF top cover for optional
Intelligent Bidet Cover,Smart Toilet Cover,Intelligent Toilet Seat,Electronic Seat Cover XIAMEN JIEENTE IMPORT AND EXPORT CO.,LTD , https://www.xiamenjieente.com
European economy is hurting
The EU's economic recession, China's largest trading partner, is in serious recession According to the revised data released by the Eurostat on the 3rd, in the first quarter of this year, the economies of the 27 EU countries fell by 2.4% from the previous month, and fell by 4.5% year-on-year. The euro zone economy contracted for the fourth consecutive quarter, down 2.5% from the previous month, the largest quarterly decline since the establishment of the euro zone in 1999.
The data released on the same day also showed that the consumption expenditure, investment and import and export of the euro zone continued to decline in the first quarter of this year. Among them, household expenses fell by 1.5% from the previous month; investment fell by 4.2% from the previous month; exports fell by 8.1%, and imports fell by 7.2%.
According to data released by Eurostat the previous day, the number of unemployed people in the 27 EU countries also increased by 556,000 to 20.825 million in April. The seasonally adjusted unemployment rate rose to 8.6% from 8.4% in the previous month, much higher than the same period last year. 6.8%, the highest level since January 2006.
US consumer demand is fragile
The United States is China’s second largest trading partner. For the foresight of Sino-US trade relations, Nobel laureate Paul Krugman believes that the US consumer demand will be very fragile for a long time to come, and China's exports of US consumer goods are unlikely to recover sharply in the short term.
According to data released by the US Department of Commerce, foreign trade imports fell by 34.1% in the first quarter of this year, compared with 17.5% in the previous quarter. Personal consumption expenditure, which accounts for 2/3 of US gross domestic product, fell by 0.1% in April, which is the second consecutive month of decline in personal consumption spending in the United States.
The US economic outlook is still not optimistic. The US economy fell 5.7% year-on-year in the first quarter of this year, slightly better than the previously announced 6.1% decline, which was the third consecutive quarter of decline in the US economy. The US economy fell by 6.3% in the fourth quarter of last year. These two quarters were the worst 6 months since the late 1950s. The Fed recently predicted that the US economy will fall 1.3% to 2.0% this year.
At present, the unemployment rate in the United States is at the highest level of 8.9% in 25 years. The Fed recently predicted that the US unemployment rate will reach 9.2% to 9.6% this year.
Japanese economy depends on export market
At present, Japan is China's third largest trading partner. The uncertainty of the world economic trend and Japan's own economic structure determine that the future recovery process may be protracted.
First of all, the Japanese economy is currently in a state of severe recession, one of the countries with the deepest degree. According to preliminary statistics released by the Cabinet Office of Japan, the gross domestic product (GDP) in the first quarter of this year actually fell by 4% from the previous quarter, and the annual rate dropped by 15.2%. This was compiled by Japan in 1955. The biggest drop since the data. At this point, the Japanese economy has experienced double-digit negative growth for two consecutive quarters, and for the first time in four consecutive quarters of negative growth, highlighting the severity of the Japanese economic recession.
Second, affected by the rising unemployment rate, Japanese households tend to reduce spending, and the long-term tightening of household consumption expenditure will intensify the sluggish consumption in Japan. According to statistics released by the Ministry of Internal Affairs and Communications of Japan, in April this year, the consumption expenditure of households with more than two people in Japan was 306,340,000 yen, which was actually 1.3% lower than the same month of the previous year. This is a year-on-year decline in household consumption expenditures in Japan, and the decline has increased from last month. According to data released by the Cabinet Office of Japan, personal consumption, which accounts for nearly 60% of GDP in the first quarter of this year, fell by 1.1%.
Moreover, Japan is an export-oriented country, which determines that its economic recovery depends on the recovery of its export market, and thus will lag behind the economic recovery of its trading partners.
China's foreign trade environment is not optimistic - three major trading partners are trapped in the quagmire
Affected by the economic crisis, the latest data shows that China's three major trading partners are trapped in the economic recession. Under the current situation that the external market is difficult to recover quickly, China's foreign trade environment is not optimistic.
Direct factory with professional R&D department, product range covers Smart Toilet, Bidet cover, toilet seat, tank fittings, flush tank, flush valves, and Intelligent Toilet.
Main functions:
Rear wash, feminine wash, massage wash, kid wash, Seat heating, warm air drying, Soft close, seat sensor, night light, Water temp adjust, air temp adjust, seat temp adjust, nozzle adjust, Instant water heating, IPX4 water proof, Side control panel, remote control, Energy saving mode