PTS Globlal Quality solutions

Shanghai, the city at the centre of China's outbreak, saw its economy fall back in March, according to a report in the SHINE. According to the city's statistics bureau, the city's gross domestic product in the first three months exceeded 1 trillion yuan (US$153.8 billion), up 3% (calculated at comparable prices) from the same period las year. The growth rate was 1.6 percentage points slower than in the same period last year. The value added of the secondary sector grew by 2.4%, a slowdown of 0.5 percentage points. The value added of the tertiary industry grew by 3.3%, a drop of 2.2 percentage points in growth rate. In the first three months, the value added of the city's industrial production grew by 3.9 per cent year-on-year. the January-February figure advanced by 11.9%, while the March figure plunged by 10.9% year-on-year.

The city's total import and export of goods from January to March was 1.01 trillion yuan, up 14.6 per cent year-on-year. Of this, exports soared 23.8% to 413.5 billion yuan, while imports rose 8.9% to 594.37 billion yuan.

Of this, general trade expanded by 14% year-on-year, accounting for 56.8% of total imports and exports.

The PTS team is constantly aware of the epidemic prevention policies of each region and works with our clients to ensure the health and safety of our staff in order to complete the inspection and testing work. Our inspectors are all trained in remote inspection and will use specialist equipment to provide remote inspection services where necessary. Our customer service staff are also on hand to coordinate with suppliers and local authorities to ensure that inspections are carried out as smoothly as possible.