Chinese retailers are stepping up efforts to support export-oriented enterprises, helping them tap into the country's vast home market following sweeping United States tariffs.
In the southern Chinese metropolis of Guangzhou, supermarkets have set up designated sections for export-to-domestic sales goods in order to help export-oriented enterprises cope with complex situation of international trade.
One of them is the three-decade-old chain, Shengjia Supermarket, which has launched a designated section for such goods in each of its stores across the city.
Consumers said the move has expanded product offerings, providing more options more options. One shopper discovered a package of tasty health food -- mulberry leaf coix noodles.
"I think it's good. One of my family members has high blood sugar. This can help lower blood sugar and cholesterol," said the customer.
The supermarket's purchasing director said that they have reached cooperation intentions with more than 30 export-oriented enterprises, and many products were sold out during the recently-concluded May Day holiday running from May 1 to 5.
"We pre-sold products online. We sold thousands of packs of noodles in one day, and hundreds of durian layer cakes. I am very confident about expanding the procurement categories of export-to-domestic sales products," said Pan Xiuqing, purchasing director at Shengjia Supermarket.
Another supermarket chain operator, Yonghui Superstores, has taken similar measures to help export-oriented enterprises shift to the domestic market, according to one of its store managers in east China's metropolis Shanghai.
"They are eager to enter supermarkets and get their products on the shelf as soon as possible. Yonghui Superstores have received over 500 emails," said Wang Ya, store manager of a Yonghui Superstore.
To ease inventory pressure, Yonghui launched a fast-track program for Chinese manufacturers to get products on shelves within 15 days and has been renovating stores to open more space.
Similarly, Wushang Group has brought over 100,000 export products into its supermarkets in Wuhan, the capital city of Hubei Province in central China since April.
"We've set up six dedicated sections for export-to-domestic sales goods. After receiving cooperation intention from exporters, we made a preliminary assessment and allocated the goods to different areas," said Wang Zhiming, deputy general manager of Wushang Group.
Chinese retailers offer strong support to exporters amid US tariff uncertainty
Chinese retailers offer strong support to exporters amid US tariff uncertainty
