Xinhua News Agency, Beijing, July 17 (Reporter Wang Libin) As the global epidemic continues, foreign trade enterprises have joined hands with e-commerce platforms to accelerate their offline expansion by "exporting to domestic sales".
On the 17th, the reporter learned from COFCO, China Chamber of Commerce for Import and Export of Light Industrial Crafts, China Chamber of Commerce for Import and Export of Food, Livestock and Animals, etc. that as the global epidemic continues, foreign trade orders stagnate, and a large number of commodities pile up, foreign trade enterprises have joined hands with e-commerce platforms such as COFCO Wobuynet, Pinduoduo, JD.COM, Suning and Ali to reduce the pressure of capital backflow and seek self-help development through "export to domestic sales". COFCO Womaiwang joined hands with the China Chamber of Commerce for Import and Export of Food, Livestock and Animals to launch the public welfare activity "Fight the epidemic, you and I will do it" to help domestic food and agricultural products import and export enterprises solve the problem of export obstruction. The China Chamber of Commerce for Import and Export of Light Industrial Crafts and the China Grain Industry Association also cooperated with COFCO Womai. com to carry out the public welfare activities of "fighting epidemic and helping grain" and create a "public welfare area for fighting epidemic and helping grain" to provide online sales, display and publicity services for member enterprises.
It is reported that JD.COM has launched a special policy to support businesses that export to domestic market, launched the "Factory Price Sold Out Foreign Trade Goods" meeting place and the "New National Product Plan" to support small and medium-sized enterprises and protect domestic foreign trade brands. Suning launched the "Helping Export Enterprises to Transform" zone to support foreign trade merchants and provide subsidies and interest-free assistance for large commodities. Alibaba launched the digital foreign trade zone in 1688, which launched a new round of support for foreign trade enterprises to expand the domestic market. It plans to help 500,000 foreign trade enterprises conduct domestic online wholesale transactions during the year. Pinduoduo cooperates with Shanghai, Dongguan, Yantai and other places to build a domestic sales platform for export-oriented enterprises. Among them, the project of "Going to Sea for Excellent Products and Buying Shanghai" covers more than 300 foreign trade enterprises in Shanghai and promotes more than 1,000 boutique foreign trade enterprises to settle in.
According to reports, the current "export to domestic sales" is showing a new situation of online and offline cooperation between government and enterprises. On July 17th, 2020 Zhejiang Foreign Trade Excellent Products Entering the Shopping Mall and Foreign Trade Enterprises Entering the Business Circle in Xiacheng District was launched, with the participation of online and offline well-known brand enterprises. The exhibits covered clothing, electronic products, luggage and shoes, furniture, daily necessities, light industry, home textiles, industry and trade, food and so on. The industry believes that, driven by the e-commerce platform, the combination of online and offline, government enterprises, strengthening the integration of domestic and foreign trade enterprises and promoting the international and domestic double cycle will expand the strategic maneuver space of China’s export-oriented economy.