Pandemic Risks Longterm Damage to Global Economic Growth

Pandemic Risks Longterm Damage to Global Economic Growth

An IHS Markit report indicates that the COVID-19 pandemic not only caused an economic recession but also poses a threat to long-term growth. The labor market, capital stock, and total factor productivity have all been negatively affected. Real GDP in developed economies is projected to be lower than pre-pandemic expectations by 2030. Accelerated digitalization may partially offset these adverse effects, but the overall long-term economic consequences remain significant and concerning.

Global Trade Initiative Extended to Boost Sustainable Growth

Global Trade Initiative Extended to Boost Sustainable Growth

The Global Trade Facilitation Programme (GTFP), jointly launched by the Swiss State Secretariat for Economic Affairs (SECO) and the World Customs Organization (WCO), has been officially extended for another year. The program aims to simplify trade procedures, enhance transparency, strengthen international cooperation, and build capacity to promote global trade development. This extension provides beneficiary countries with more opportunities to further advance trade facilitation reforms and improve their competitiveness in global trade. It allows for continued support in streamlining customs processes and fostering a more efficient and predictable trading environment.

US Q3 Growth Strong Amid Government Shutdown Fears

US Q3 Growth Strong Amid Government Shutdown Fears

US GDP grew by 2.8% in the third quarter, slightly above expectations, but the shadow of the government shutdown looms. Economists warn of a 'self-inflicted' risk to future economic growth, and holiday shopping season expectations are cautious. While some sectors performed well, the overall economic recovery continues to face challenges.

US Rail Industry Unveils Growth and Efficiency Plan

US Rail Industry Unveils Growth and Efficiency Plan

The Association of American Railroads (AAR) is committed to maintaining a sound economic regulatory structure for the rail industry. It advocates for a forward-looking regulatory model, adheres to the 'user-pay' principle to ensure infrastructure investment, and actively embraces technological innovation to enhance rail transport efficiency and safety. These efforts aim to contribute to the sustained growth of the American economy. The AAR focuses on policies that support private freight railroads and promote a competitive environment.

GDP Growth Doesnt Guarantee Consumer Wellbeing Study Finds

GDP Growth Doesnt Guarantee Consumer Wellbeing Study Finds

Despite GDP growth data, consumers don't perceive actual improvement due to unequal income distribution, inflationary pressures, structural employment issues, and a gap between expectations and reality. Businesses should offer cost-effective products, focus on niche markets, and enhance brand value. Governments need to strengthen income distribution regulation, control inflation, and improve social security systems to break the 'GDP growth illusion' and achieve inclusive growth. This requires addressing the underlying issues hindering the translation of economic growth into tangible benefits for the average consumer.

Ozon Reveals Datadriven Search Algorithm for Ecommerce Growth

Ozon Reveals Datadriven Search Algorithm for Ecommerce Growth

This article provides an in-depth analysis of Ozon's search ranking mechanism, moving away from subjective interpretations and emphasizing the importance of a data-driven approach. It details the 'four levels' of evaluation a product undergoes and proposes targeted optimization strategies to help sellers improve their product ranking and achieve significant sales increases. The key lies in understanding platform rules, optimizing product information, enhancing user experience, and ensuring compliant operations. By focusing on these areas, sellers can effectively boost their visibility and drive sales on the Ozon platform.

Datadriven Tactics Boost Multistore Growth for Ozon Businesses

Datadriven Tactics Boost Multistore Growth for Ozon Businesses

This article analyzes Ozon multi-store operation strategies from a data analyst's perspective, emphasizing the importance of teamwork, store differentiation, data-driven refined management, and account security maintenance. By building an efficient team, implementing differentiated operations, utilizing data analysis, and controlling risks, this guide helps sellers achieve efficient multi-store growth on the Ozon platform. It highlights key strategies for optimizing performance and maximizing profitability across multiple Ozon stores through strategic planning and data-backed decision-making.

China Showcases Industrial Growth at Russias INNOPROM 2026

China Showcases Industrial Growth at Russias INNOPROM 2026

The INNOPROM Industrial Exhibition in Yekaterinburg, Russia in 2026, presents a prime opportunity for Chinese companies to enter the Russian market. Following the Russia-Ukraine conflict and the subsequent withdrawal of Western markets, demand for Chinese industrial products in Russia has increased. Chinese enterprises should seize this opportunity, focusing on sectors like industrial automation, machinery manufacturing, metalworking, power and energy, and transportation machinery. This will help fill market gaps and achieve mutually beneficial outcomes for both China and Russia.

Independent Ecommerce Sites Boost Growth with Owned Traffic

Independent Ecommerce Sites Boost Growth with Owned Traffic

Independent e-commerce platforms have become a crucial choice for cross-border sellers seeking to control their own traffic and build a brand moat. This article delves into the advantages, operational models, technology selection, traffic acquisition, conversion rate optimization, data asset management, and supply chain management aspects of independent platforms. It provides decision-making guidance for different types of sellers, aiming to help them succeed in the independent e-commerce landscape. Mastering these elements is essential for establishing a sustainable and profitable online business.

Key Account Manager Role Targets Crossborder Ecommerce Growth

Key Account Manager Role Targets Crossborder Ecommerce Growth

We are hiring a KA Sales Specialist in cross-border payment, seeking talents with experience in the cross-border e-commerce industry and strong sales skills. The role involves developing and maintaining relationships with cross-border e-commerce clients, establishing business partnerships, and achieving sales targets. We offer competitive compensation and career development opportunities. We welcome ambitious individuals to join us and tap into the lucrative cross-border e-commerce market.