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China tech groups lead multibillion-dollar campaign to help exporters sell at home

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Alibaba, JD.com and Pinduodeo e -commerce giants are launching billions of dollars in initiatives to help traditional exporters shift to local sales, as part of a national campaign to alleviate the country’s economy from an escalating trade war with the United States.

Alibaba has created a goods source of goods from exporters in more than 10 provinces across China. Taobao and TMALL, their e -commerce markets, promised to provide higher commissions and the best exposure to their platforms to encourage at least 10,000 sources to sell 100,000 elements. The supermarket in Alibaba also said it had created “green channels”, especially for export suppliers, to sell their products on its shelves.

Pinduodeo had earlier responded to the sellers on his international arm on May 2 of “De Minimis” exemptions on the packages to the United States. She promised to invest RMB100 billion (13.7 billion dollars) to help her merchants “Pivot and Upgrade”.

“We are determined to withstand costs, risks … and mobility in uncertainty in the external market environment,” said Pinduodeo Zhao Jiazin. “We will give priority to ensuring stable development and health profits for small and medium manufacturers.”

In addition to canceling the “De Minimis” fees on a small package of less than $ 800, Chinese sellers face a tariff 125 percent for many One of the goods that they ship to the United States, which makes such sales unrealistic.

Elsewhere, the online retail platform JD.com announced a 200 billion yuan fund to buy products from local exporters next year, as the owner of WeChat Tincent, Service Meituan, and Bytedance, the owner of Video Short Tiktok and Douyin applications.

The BAIDU search engine group said it will allow 1MN to announce the products in the live broadcast with the help of “virtual humans” that was created from free artificial intelligence. She said that the Ride-Hailing Didi application plans to invest RMB2BN “to stabilize employment and promote consumption” in addition to the support of local manufacturers “to go to” Going Goll “.

Lee Chengdong, the founder of Beijing -based e -commerce consulting, said that “political” considerations prompted the giants of Chinese technology to “assume social responsibilities voluntarily.”

“The feeling of the unity of the United States has pushed every Chinese company to do everything possible,” he told me. “The interference in this critical turn brings them the benefits of reputation.”

He pointed out that there is no formal intervention, because the “political sensitivity” of companies is strong enough to direct these decisions.

“Consumers are closely watching [tech giants]He added: “They must pay attention to public opinions and take shrewd commercial options.”

Chinese technology groups have been confirmed and reminded of their social responsibilities by Beijing since a government campaign in 2020.

Amid the slow economy and the punitive definitions of Trump, the Chinese government intensified its own efforts to counter the turmoil on the horizon. The Ministry of Commerce recently held talks with commercial associations, supermarkets and distributors on how to help exporters explore local sales channels. At a meeting in Beijing attended by Deputy Minister Shing Chiping on Friday, the ministry promised to help local companies deal with “external shock”.

There was also evidence of a national purchase by Chinese consumers and organized support for the country’s stock markets from “My national team” One of the funds owned by the state is investing and companies that buy shares.

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2025-04-20 02:00:00

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