The Current Situation of COVID-19 in China, the Price of Sea Freight, Production Cycle and Delivery Time

Hello, everyone. Today, I would like to explain to you the current situation of COVID-19 in China, as well as issues related to shipping costs from China to the rest of the world and the cycle of production and manufacturing. China recently there has been a sporadic outbreaks, in effective control of the most serious new variants of the virus did not occur, so now most parts of China's life and make all is normal, everyone do not need to worry too much, although some places the epidemic, but China's policy is to just find the outbreak will isolation test, so a massive infection will not occur. In terms of sea freight, the current situation is probably better than before, reduced a little bit, 40 containers, the approximate freight is about 18,000 DOLLARS, 20 feet container freight is about 9000 dollars, this price has been maintained for two or three months, there is no big change. Now the production cycle of auto parts, about 3~4 months, of course, these are based on different product attributes, production time is also different. Chinese Spring Festival will come at the end of January, so from mid-January to mid-February, many factories will be on holiday and will not arrange production of goods. Therefore, please note that if you have orders that need to be arranged for production, you can arrange your orders in advance. Thank you and we will see you next week.