A global economic recovery is a highly probable event

With the scale up and widespread use of the COVID-19 vaccine, the outbreak is expected to be effectively contained in the first half of 2021, without any specific mutation, and the global economic recovery will accelerate. The world economy is expected to grow by 5.5% in 2021, with developed countries growing by 4.3% and emerging markets and developing countries by 6.3%, according to the latest IMF forecast released on January 26, 2021. With the acceleration of economic recovery, market demand of brass valve and brass fitting may rebound in a retaliatory way, which will have a strong driving effect on China’s exports and lay the foundation for China’s foreign trade to maintain a stable and sound growth.

The resilience and competitiveness of China’s foreign trade enterprises have significantly improved

At the beginning of 2020, the sudden COVID-19 epidemic really caught many foreign trade enterprises by surprise and suffered heavy losses. However, with the strong support of the Chinese government, Zhejiang Wandekai Fluid Equipment Technology Co.,Ltd withstood the pressure with their flexibility and tenacity and quickly walked out of the dilemma. In the process of fighting the epidemic, foreign trade enterprises have significantly improved their ability to resist pressure and competitiveness. Private enterprises, in particular, have played a prominent role in China’s foreign trade and become the “stabilizer” of China’s foreign trade. Foreign trade enterprises that have gone through storms in 2020 will provide important support for foreign trade to maintain steady and sound development in 2021.

WDK faces the new challenge of HVAC system from partners

According the new requirement of HVAC production,like heat distribution center series, differential pressure constant temperature mixed water center series, distribution manifold series, tail piece series, intelligent control series and radiator control valve series.WDK begins to build up the new project of HVAC system, and the working line already has been producing the HVAC production.