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The COVID-19 pandemic that swept the world in 2020 remains the most prominent challenge to international security in 2021. In the short to medium term, constrained vaccine capacity, gaps, and uneven distribution of the estimated 10 billion doses needed globally will make it difficult to meet the needs of most developing countries. The pandemic has also hit food supply chains around the world, hampering middle - and lower-income living conditions.
It will be hard for the world economy to restart under such a vicious crackdown. The IMF expects the global economy to grow by 5.2% in 2021, only a "restorative increase", with GDP in 2019 0.6% lower than in 2021.
In such a harsh environment, production and sales are faced with great pressure and challenges. From 2020 to now, the impact of the epidemic on global economy and trade and world economic growth has caused the depression of overseas markets, which will affect the industry for a certain period of time and bring directional guidance for the industry to adapt to changes. Many audio companies have switched from export to domestic sales.
Our strong willpower, and continues to change good trend, indicating consumer electronics audio industry increasingly important domestic demand market. Under the impact of the pandemic, the importance of the domestic market will continue to grow.
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Privacy statement: Your privacy is very important to Us. Our company promises not to disclose your personal information to any external company with out your explicit permission.