China promotes domestic sales to aid exporters' transition
China is taking steps to help its export companies adjust to a tough trade environment with the United States. The government wants these firms to focus more on selling their goods within China. The Ministry of Commerce is looking into how to best assist these companies. Minister Wang Wentao recently visited a textile trading company in Shanghai to explore solutions. This move comes as the trade war with the U.S. continues to intensify. Shifting to the domestic market poses challenges for these exporters. They will need to understand local consumer preferences and adapt to different payment methods and regulations. The government views this transition not as a short-term fix, but as a long-term strategy. They aim to better blend domestic and foreign trade to support export firms.