The Impact And Outlook Of The Epidemic Opening Policy On China's Economy in 2023!

After full liberalization, consumption scenarios will appear, but consumer confidence and sentiment will be affected by the surge in the number of cases. Therefore, it will be difficult for private consumption to rebound in the first half of next year. Overlapped with repeated epidemics, the marginal change in the number of new confirmed cases will be relatively large , It has a greater impact on bulk commodities, especially energy and chemical products, and prices may be under obvious pressure at this stage. Then, under the condition that the number of cases decreased and the fear factor subsided, based on the analysis of the relatively high level of national savings rate and the data of overseas economies, domestic consumption can still expect a strong recovery in the third to fourth quarters. The demand for bulk commodities rises and prices Resilience is still to be expected. For our heat transfer industry, this will be a great opportunity and challenge.