- May 1st to 5th, 2025 coincides with the International Workers' Day.
- On April 27, 2025, the company's management team went to the Hefei Municipal Committee of the Communist Party of China and relevant provincial departments to give a work report.
- From April 22nd to April 26th, 2025, the company's management team conducted a working visit to Dubai.
- From April 13th to April 21st, 2025, the company's management team conducted working visits to Kuala Lumpur and Singapore.
- On April 6, 2025, the company's management team received a Panamanian company in Hefei for an inspection visit to Anhui. Relevant enterprises in Lujiang, Hefei and Wuhu were inspected respectively.
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The global economy may decline 5.2% this year
World economy to shrink 5.2%
The coronavirus will cause global economic output to contract by 5.2% in 2020, the World Bank said on Monday, warning its latest forecasts would be revised downward if uncertainty persists over the pandemic and business lockdowns.
In its latest Global Economic Prospects report, the World Bank said advanced economies are expected to shrink 7% in 2020, while emerging market economies will contract 2.5%, their first since aggregate data became available in 1960.
On a per-capita GDP basis, the global contraction will be the deepest since 1945-46, as World War II spending dried up.
The report noted the downturn is hitting hardest in countries where the coronavirus epidemic has been the most severe and where there is heavy reliance on global trade, tourism, commodity exports and external financing.
The report also showed 2020 contractions of 6.1% for the US and Japan, a 9.1% contraction for the Eurozone, 8% for Brazil and 3.2% for India. China is expected to maintain growth of 1% in 2020.
(from http://www.kekenet.com/read/202006/612313.shtml)