"May Day" New Kinetic Energy Observation: Zhejiang’s "Double Circulation" Draws a Warming Curve

  China News Service, Hangzhou, May 5th (reporter, Xi Jinyan, Huang Hui) Mo Dao returned late in the spring breeze. This "May Day", "sea of people" has once again become a hot word on the screen. The recovery of the holiday economy means that China’s economy has experienced a steady recovery after the epidemic "stress testing".

  Taking Zhejiang as a "window" to observe, strolling through major business districts, scenic spots, etc., you will find the reappearance of "one building is hard to find" and "one room is hard to find". Behind it is the mutual force between the supply side and the demand side, and it is also a vivid manifestation of the new development pattern of "double cycle" to release new kinetic energy.

On the first day of the "May Day" holiday, the West Lake cruise was dotted. Wang Gang, photo
On the first day of the "May Day" holiday, the West Lake cruise was dotted. Wang Gang, photo

  New consumption depth empowers double cycle spiral upgrade

  This holiday, people’s enthusiasm for consumption has warmed up along with the vast land. The reporter observed that during the "May Day" period, new types of consumption such as online shopping, live streaming, consumption of new domestic products, and customized tourism have continued to thrive.

  In the past few days, the pedestrian street of Xingguang Avenue in Binjiang District of Hangzhou has been crowded, and many time-honored traditional handicrafts have attracted many tourists to stop and admire. Li Jing, director of Zhu’s copper art, told reporters: "This May Day sale is expected to have a historic breakthrough."

  Li Jing said that on the one hand, because many people responded to the call for the Spring Festival this year, they took this small holiday to "compensate for travel"; on the other hand, people’s consumption concepts are also changing, and the national tide style has led to the revival of time-honored brands.

  In anticipation of May Day, Mr. Li said they had been "preparing for the war" in the first two months, preparing a variety of incense burners and home furnishings, and temporarily opening offline experience stores in several cities. "I believe there will be a harvest holiday."

  Under the new development pattern of "double cycle" proposed by the central government, domestic demand has become the main engine driving economic development, and new consumption is a key move to expand domestic demand. Faced with the new trend of consumption, Zhejiang follows the trend and takes the initiative.

  Sheng Qiuping, director of the Department of Commerce of Zhejiang Province, said that in 2021, Zhejiang will drive new circulation with new infrastructure, give birth to new scenarios, cultivate new models, and promote new consumption. Around the six Zhejiang Li, such as Love Warm Zhejiang Li, Enjoy Zhejiang Li, and Shuizhi Zhejiang Li, more than 1,000 consumption feasts will be created, and various consumption coupons will be issued for more than 1 billion yuan. Continue to serve the people of Zhejiang a consumption feast.

  As he said, consumption, as the first driver of economic growth, plays an important role in the internal circulation system. In order to seize the opportunity of "May Day", the 2021 National Consumption Promotion Month · Zhejiang Station was launched in Hangzhou before the festival.

  At the scene, Hangzhou’s first "Digital Intelligence Consumption Carnival", Ningbo "Huixiang Yongcheng" Leading the New Fashion of Consumption ", Huzhou" Thousands of Enterprises Linkage 100 Billion Consumption Thousands of Live Streaming Hosting Thousands of Activities ", Shaoxing" More Huiyue Life, Ancient City Tide Shopping Festival ", Zhoushan" Guochao Zhoushan Hui Aishang New Life "Time-honored Brand Entering Zhoushan and Integrity Demonstration Street Theme Practice Activities, Quzhou Jiangshan" Cloud Life, About’Hui ‘Jiangshan "and other consumer promotion activities were launched simultaneously.

  Zhao Ying, deputy general manager of Hangzhou Xidebao Group Co., Ltd., a time-honored silk enterprise, introduced that in order to seize the opportunity of holiday consumption, the enterprise actively participated in the consumption promotion month activities and launched fancy promotional activities, in order to achieve the dual development of performance and brand. "We expect the entire’May Day ‘consumption, including e-commerce platforms and offline stores, will usher in new growth."

On May 4, a shopping mall in Hangzhou saw an endless stream of people. Photo by Wang Gang
On May 4, a shopping mall in Hangzhou saw an endless stream of people. Photo by Wang Gang

  Supply chain collaborative innovation to promote the holiday economy "different red"

  Chunjiang Plumbing Duck Prophet. The popularity of the "May Day" consumer market is expected for Chen Xinping, a merchant in Yiwu Market who is at the production end.

  As a global distribution center for small commodities, before the "May Day" holiday, many companies in Yiwu worked overtime and worked at full capacity to catch up with orders, providing production guarantees for domestic and international double circulation.

  Chen Xinping, head of Meichen Hat Industry, who has been engaged in foreign trade business for 15 years, told reporters that due to the impact of the epidemic, the company tried to do domestic trade last year, and the road to transformation was not smooth sailing. "There are differences in the size, arc and color of hats in the domestic market and foreign markets."

  After a year of transformation, Chen Xinping said that this year, domestic trade has achieved growth, and foreign trade has taken on many orders transferred from South East Asia. "Now the daily production volume is more than 8,000, and the supply is still in short supply. Orders have been arranged until July."

  Chen Xinping said that for the "May Day" holiday, the company actively innovated and shipped in advance, incorporating outdoor elements such as beaches and forests into the pattern design of hats, and the market response was relatively good.

On the eve of the "May Day" holiday, a large number of passengers waited at Hangzhou East Railway Station. Photo by Wang Gang
On the eve of the "May Day" holiday, a large number of passengers waited at Hangzhou East Railway Station. Photo by Wang Gang

  Zhu Sufang, the head of Yindi Jewelry, is busy delivering goods to "live streaming host" these days. "Many people like to watch live broadcasts on vacation, and the live streaming host has a higher turnover rate." Zhu Sufang told reporters that before "May Day", many live streaming hosts came to "stock up" in advance, and they all started with hundreds or thousands of shipments.

  From a deeper perspective, the integration of the "double cycle" pattern cannot be separated from the stability of the supply chain system. In recent years, Zhejiang has attached great importance to the modernization of the supply chain, and a number of industrial supply chain collaborative innovation benchmarks have emerged, which continue to input power into the consumer market.

  For example, Wuchan Zhongda and Zheshang Zhongtuo based on the advantages of commodity collection and supply chain finance, innovated business models, and actively served clusters such as Haining warp knitting and Haiyan fasteners, which effectively promoted the innovation of cluster supply chain models and the reduction of costs and efficiency of enterprises; Zhoushan Ocean Base increased investment in cold chain and commercialized processing facilities, created a whole fishery supply chain from "bow" to "stove", and innovatively launched a squid index and delisting trading system to effectively expand the market radiation range of "Zhoushan seafood".

  The reporter learned that the Zhejiang Provincial Department of Commerce recently released the "14th Five-Year Plan" for the development of modern supply chains in Zhejiang Province. By 2025, Zhejiang strives to initially build a modern supply chain system for advantageous industries with leading innovation power in the country, efficient coordination of the whole chain, independent, safe and controllable, and cultivate an industrial supply chain system with 3 trillion-level transactions and 10 100-billion-level transactions. As a major open province and a major consumer province, Zhejiang has made overall efforts to fill short boards and forge long boards, providing solid support for building a new development pattern.

Ningbo Zhoushan Port. Photo by Yang Jiangqi
Ningbo Zhoushan Port. Photo by Yang Jiangqi

  The flow of things is smooth, and the inner and outer "double circulation" is integrated.

  The essence of circulation lies in its smooth flow, among which the smooth flow of things is one of the key focuses.

  During the "May Day" holiday, Ningbo Zhoushan Port was still busy. At 11:18 on May 4, the "Changyi" ship started loading and unloading at berth No. 5 in Meishan Port Area of Ningbo Zhoushan Port. A total of 4,167 TEUs of containers were unloaded here, and 1,615 TEUs were loaded and exported.

  As a pioneering demonstration area for the construction of smart ports in Ningbo Zhoushan Port, Meishan Port Container Terminal is focusing on piloting smart projects such as remote-controlled bridge cranes, remote-controlled automated tire cranes, and intelligent trucks, with steady improvement in loading and unloading efficiency.

  "Since the beginning of this year, the operation volume of Ningbo Zhoushan Port Meishan Port has been growing steadily. During the May Day period this year, the market demand for transportation was strong, and ships were concentrated in the port. The average daily container throughput of Meishan Port was more than 20,000 TEUs, a significant increase year-on-year." Mao Hua, the operation manager of Ningbo Meidong Container Terminal Co., Ltd., said.

  The eyes shifted to the Yiwu railway port, and the freight flow was also endless. During the "May Day" holiday, the "Yixin Europe" China-Europe train shipped 3 to 4 trains every day to ensure the material transportation needs of Eurasian countries and the import needs of the domestic market.

  "Double circulation" lies in the all-round, wide-ranging, and deep-level interaction and integration of the two domestic and international markets and two resources. As the best adhesive for "double circulation", Zhejiang import enterprises play a good role as bridges and links, vigorously tap the potential of domestic demand, and promote consumption upgrading.

  Wang Fangmao, head of "Haikelai" imported lifestyle supermarket, told reporters that from the current performance, this year’s "May Day" has increased by 18% compared with the same period last year, especially sunscreen products and imported beverages and other summer products are more popular.

  It said that this growth is inseparable from an effective market: with the improvement of people’s quality of life, the demand for imported consumer goods is increasing; at the same time, it is also inseparable from a promising government, including the smooth flow of cross-border logistics channels and the organization of various import consumption exhibitions.

  "Under the global epidemic, ocean freight has risen. We use the’China-Europe Express + Ocean Freight ‘method to combine freight, which is more stable." Wang Fangmao said.

  Regardless of the wind and waves, it is better to take a stroll. It said that the "May Day" holiday is just a window, and with the continuous advancement of building a new development pattern, the potential of the Chinese market can be expected. (End)