The liberalization of the epidemic brought economic vitality, and the China factory resumed orderly production 

Just past the May Day holiday, the hot scene of China's tourism market attracted attention at home and abroad. After three years of epidemic prevention and control measures in China, a large number of tourists travel again. According to the data provided by some travel agencies, the "May Day" holiday travel fever in mainland China has also driven the tourism market around the world to warm up, and hotel prices in some areas have basically returned to the pre-epidemic level.

Tourism is one of the outstanding indicators to observe the consumer market and economic operation in China. The consumer market has warmed up sharply during the May 1 holiday, which confirms the sustained economic recovery in China.

After May 1 ST, China's economy continued to improve. With the liberalization of the new stage of epidemic control, economic development has become the top priority for all localities. The central government requires the development of private economy to boost market confidence, which will help China's economy recover its vitality as soon as possible. According to the recent statistics, the China factory vitality index has returned to the average level in 2019, so it can be judged that the China factory will regain its pre-epidemic development status in 2023. And orderly production will make 2023 an important turning point since the epidemic. Fricwel Automotive Ltd. has also reached a new high in production efficiency in the past two months, with monthly delivery exceeding 100,000 friction plates. It can be expected that our production will be 100% recovered in the year 2023.