With the escalation of the tariff barriers between China and the US, the economic impact is relatively large, especially on the trade economy mainly relying on exports. For example, the refrigerators of the Nenwell brand are not as good in exports as in previous years. In May 2025, China and the EU launched new economic cooperation, which will improve the development of many enterprises.The Chinese side and the European Parliament have decided to comprehensively lift restrictions on their mutual exchanges simultaneously.
The mode of economic cooperation brings room for economic growth to all walks of life, such as the development of refrigeration raw materials, technology, new energy, etc., driving the digital intelligent transformation and bringing about the exchange and learning of technologies.
The growth of the market brings more profits to Chinese and European enterprises. For example, with the high consumption level in China, a large number of refrigeration appliances from Europe can be exported to China. At the same time, it also provides them with a cheap labor market, bringing different trade economic development.
If there are unreasonable tariffs, it will affect the development of everyone. Although it can protect the domestic enterprises' economy from the impact of the foreign market, it also loses 50% of the development space. However, it is also necessary to make the right plans from a long-term perspective.
Any economic growth is based on peace and mutual benefit. Only by continuously creating a favorable environment, improving product quality and innovation ability can one stand at the top.
Nowadays, the world economy is severely polarized, and the economic development in many regions is unbalanced. It is necessary to establish effective rules to break this unbalanced economic model. Only through cooperation can advanced technologies and productivity be introduced. Just like the market is so large, if you don't learn new refrigeration technologies, you will be eliminated by the market in the near future.