In a coordinated push to counter escalating U.S. trade barriers, China's ten major foreign trade hubs – including Dongguan, Shenzhen, and Shanghai – have rolled out targeted economic measures blending export stabilization with domestic market activation. The move comes as businesses grapple with tightened tariff conditions on $18 billion worth of Chinese imports announced by Washington last month.
Regional Strategies Take Shape
Dongguan, a manufacturing powerhouse, is channeling funds into supply chain resilience programs for its electronics and machinery sectors. Shenzhen's private enterprises gain access to new digital platforms connecting them with ASEAN and Middle Eastern markets. Meanwhile, Shanghai's Nanjing Road commerce district will debut duty-free zones and multilingual services to attract foreign visitors ahead of China's expanded visa-free entry policies.
Domestic Consumption Gains Prominence
Guangzhou opened wholesale distribution centers this week to help export manufacturers pivot toward domestic sales without compromising quality standards. Xiamen established a 24/7 trade assistance hotline, already fielding 1,200 business inquiries in its first three days. Analysts note these measures could cushion export-dependent regions while aligning with China's 'dual circulation' economic strategy.
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China's trade hubs unveil support measures amid U.S. tariff tensions
cgtn.com