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What impact does WTO entry have on the paper cutter industry

  • Publish Time: 2019-12-03
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        In November 2001, China officially joined the World Trade Organization (WTO). This means that China's product import and export capabilities have grown tremendously, but at the same time it has brought huge competition and challenges to various domestic industries. In this big wave, various industries struggle, compete, rise, and fall in the market. And how are these reflected in the paper cutter manufacturers?
        From a network point of view, nothing can be summarized as the restrictions on imports and exports have become smaller, the costs of imports and exports have been realized, and market competition has intensified.

        In the past, domestic paper cutter manufacturers were nothing more than developing in such a large circle on the mainland. Their respective production and sales were competing with domestic rivals. The rivals in terms of technology and industry were not much different. With the arrival of the WTO, various foreign paper cutter manufacturers' products have entered the domestic market one after another, which has caused a certain impact on domestic paper cutter manufacturers. In this case, as long as the long-term paper cutter manufacturers will unite to do innovation, research and development, and service. Because it is foreseeable that if there is no development in the market competition, it is equivalent to lagging behind.

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