During this period, many enterprises have experienced a roller-coaster ride.
First of all, it was hit hard by high tariffs. Many foreign trade enterprises were affected, and for a time, there were situations such as order cancellations, inventory overstock, and unsold products. Subsequently, all parties, from government departments, various business entities to consumers, took active actions. E-commerce platforms have opened up a "green channel" for domestic sales for foreign trade enterprises. Consumers are fusing to purchase high-quality tomato sauce for export to the United States. Large-sized export clothing has transformed into props for domestic young people to Cosplay. China's stronger domestic circulation and more vigorous domestic market have become the bottom line to absorb products that have been blocked in exports and solve the urgent problem.
For a time, "accelerating the integration of domestic and foreign trade" became a buzzword. China's super-large domestic market provides enterprises with strategic depth to withstand external shocks. The accelerating process of integrating domestic and foreign trade has enabled enterprises to enhance their development resilience and risk resistance capacity. All these have become vivid footnotes to the statement that "China is reluctant to fight, but it is not afraid of fighting either."
China's confidence and backing, coupled with the mutually beneficial and win-win nature of China-Us economic and trade relations, have enabled the two largest economies in the world to return to the negotiating table. From May 10th to 11th, the high-level economic and trade talks between China and the United States were held in Switzerland, reaching a series of important consensations.
There is no doubt that this is a result that the industry is glad to see and has brought a positive impact on stabilizing the global economic and trade order. Many enterprises heaved a sigh of relief and began to seize the 90-day "window period" one after another to accelerate the pace of taking orders. However, an increasing number of enterprises, through the changes in domestic and international situations over the past few years, have deeply realized that promoting the integration of domestic and foreign trade is not a temporary measure to deal with the US tariff policy, but an active choice to accelerate the formation of a new development pattern and promote high-quality development.
In fact, China has been promoting the integration of domestic and foreign trade for several years. Relevant arrangements have been made in the 14th Five-Year Plan, the Third Plenary Session of the 20th Central Committee of the Communist Party of China, and this year's government work report. In recent years, many enterprises have simultaneously carried out domestic and foreign sales business, and many obstacles are gradually being removed. It is timely and promising to accelerate the integration of domestic and foreign trade.
The integration of domestic and foreign trade opens up a "supply and demand matching" window between the domestic market and foreign trade products, and releases the incremental space of domestic demand. For a long time, foreign trade enterprises have targeted overseas markets and catered to the preferences of international consumers. For a variety of reasons, domestic consumers have difficulty accessing high-quality export products. However, in recent years, on the supply side, "Made in China" has been constantly upgrading to "Intelligent Made in China". On the demand side, amid the surging wave of domestic consumption upgrade, some potential "blue oceans" in consumption are emerging. New supply-demand matching is being explored and activated. For instance, the advent of an aging population has made many aging-friendly products that were originally exported to Europe, America, Japan and South Korea highly sought after in China. The rise of the pet economy has enabled many enterprises focusing on overseas markets to discover business opportunities in the domestic market.
More and more strategic foreign trade enterprises are well aware that the shift from export to domestic sales is by no means simply clearing inventory. They are adjusting their strategies and precisely positioning their brands in response to the domestic market, and launching more high-quality products. Some foreign trade enterprises have achieved sales of over 40,000 units within just six hours through the e-commerce domestic sales and export-level market. The daily sales of Yiwu Oulode daily Necessities in its wechat store exceeded one million yuan. Rv, outdoor equipment, camping products and other high-quality foreign trade products are selling well in China, which is helping to create new consumption scenarios and adding fuel to China's consumption upgrade.
The integration of domestic and foreign trade eliminates the differences in standards and regulations at home and abroad and stimulates the tremendous vitality of institutional opening up. For many years, when foreign trade enterprises want to enter the domestic market, they often encounter differences between domestic and foreign countries in terms of tax policies, settlement models, standard certification systems, and regulatory standards. They have always hoped that the domestic credit system will be more mature, payments more convenient, standards more unified, and more in line with international standards. Positive progress has been made in all the above-mentioned aspects over the years. In the future, as China continues to align with international high-standard economic and trade rules, the magnetic pull of the domestic business environment will also be stronger. More and more enterprises will be able to switch flexibly between the domestic and international markets, and their development resilience will also be further enhanced.
It is also important to note that during this period, with the support and guidance of the Ministry of Commerce and local commerce departments, more than ten e-commerce platforms have directly addressed the pain points of foreign trade enterprises in expanding domestic sales, such as lack of channels, experience and funds, and have launched a series of measures, including opening green channels, incentives for new merchants, traffic support and rate discounts. This has also built a "fast lane" to help many traditional foreign trade enterprises quickly open up the domestic market and smooth domestic sales channels.
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At present, various practices of integrating domestic and foreign trade are continuously being carried out, and the vitality of the domestic large circulation is constantly being stimulated, demonstrating more room for growth. On May 15th, The State Council held a meeting to promote the work of strengthening the domestic large circulation, emphasizing that the inherent stability and long-term growth potential of the domestic large circulation should be used to counter the uncertainties of the international circulation, promote the steady and long-term development of the Chinese economy, and strive to achieve high-quality development. This has also anchored the direction for us to strengthen confidence and promote the in-depth development of the integration of domestic and foreign trade.
Looking to the future, an increasing number of consumers will be able to enjoy the world's best products without leaving the country. Domestic and international standards in more fields will gradually become seamlessly integrated. Tens of thousands of trading enterprises will be tempered into steel in the global market competition. A new picture of high-quality development of the Chinese economy, which is more dynamic and resilient, is gradually unfolding.



