Core Viewpoint - The implementation of the "2025 Linyi Mall Transformation and Upgrading Support Policy" aims to enhance the internationalization and digital transformation of Linyi Mall, positioning it as a key player in global trade and logistics [1][2][10]. Policy Overview - The policy includes 22 measures supported by a special fund of 80 million yuan, creating a "policy chain, industry chain, and innovation chain" integration system to empower local businesses [1][3]. - It focuses on six main areas: international market expansion, international logistics development, modern logistics support, market and park enhancement, replication of successful models, and optimization of the business environment [3][4]. Financial Support Mechanisms - A multi-dimensional subsidy system has been established to facilitate international market access, including up to 80% reimbursement for international travel costs and up to 5,000 yuan per person for participation in overseas exhibitions [4]. - The policy also provides one-time subsidies for logistics companies and organizations that facilitate international transport, with maximum support reaching 1 million yuan per company [4][8]. Digital Transformation Initiatives - The policy promotes digital infrastructure and applications, supporting cross-border e-commerce training and providing financial incentives for training institutions based on the number of businesses trained [5][9]. - The establishment of digital platforms and services is emphasized, including partnerships with major e-commerce platforms to enhance local service capabilities [11]. International Market Expansion - The "Hundred Teams, Thousand Enterprises: Mall Going Abroad" initiative has successfully launched events like the Malaysia China Linyi Commodity Exhibition, showcasing local products and facilitating international trade [7]. - The policy aims to establish a comprehensive international trade service center and organize over 150 domestic exhibition activities to foster international market connections [10][12]. Logistics Development - The Lanhua Smart Logistics City project is a key component of Linyi's logistics transformation, incorporating advanced technologies to improve service and management [8]. - The modern logistics city is expected to support the construction of an international logistics hub, enhancing Linyi's position as a logistics center in China [8][10]. Training and Capacity Building - Continuous training programs for cross-border e-commerce are being implemented, with significant participation from local businesses, enhancing their capabilities in international trade [9][12]. - The policy encourages collaboration with leading platforms to provide specialized training, aiming to develop a skilled workforce for the growing e-commerce sector [12].

Core Viewpoint - The article discusses the shift in supply chain dynamics due to escalating trade tensions, with retailers like Luke Therrien opting to bypass American middlemen and establish direct connections with Chinese suppliers, aiming for a more sustainable and cost-effective supply chain [1][3]. Group 1: Supply Chain Changes - Retailers are increasingly seeking direct relationships with Chinese suppliers to mitigate the impact of U.S. tariffs and trade tensions [1][3]. - The shift to direct sourcing may lead to longer procurement times and logistical challenges, but it is seen as beneficial in the long run from a pricing perspective [1][3]. Group 2: Impact of U.S. Trade Policies - U.S. tariffs and unpredictable trade policies have created chaos in the American market, leading to confusion among exporters regarding customs and tax obligations [3][4]. - Exporters who previously relied heavily on the U.S. market are now considering diversifying their markets due to the instability caused by U.S. trade policies [4][5]. Group 3: Currency and Economic Confidence - The dominance of the U.S. dollar as a trade currency remains significant, providing exporters with predictable payment methods, despite increasing risks [4][5]. - Recent economic turmoil and criticism of U.S. trade policies have shaken confidence in the dollar, with notable figures like Warren Buffett expressing concerns about investing in a currency perceived as unstable [5][6]. Group 4: China’s Response to Trade Tensions - China has taken a firm stance against U.S. unilateral tariff measures, emphasizing its commitment to defending its economic interests while remaining open to dialogue [6]. - The Chinese government has indicated a willingness to engage in discussions with the U.S. regarding tariff adjustments, reflecting a strategic approach to international trade relations [6].

Core Viewpoint - Yiwu, known as the "World Supermarket," is adapting to changes in international trade dynamics, particularly in response to the U.S. tariff policies, which have led to shifts in customer demographics and purchasing behaviors [2][12]. Group 1: Market Dynamics - Yiwu's small commodity market has over 1.15 million merchants and more than 2.1 million SKUs, attracting global buyers, especially from the Middle East and Africa, while U.S. customers have decreased [2][6]. - The implementation of the U.S. "reciprocal tariff" policy has prompted local merchants to seek new markets, with many reporting a shift from U.S. clients to those in South America and Europe [6][7]. - Merchants are actively adjusting their strategies, with some reporting increased orders from overseas customers on e-commerce platforms since the tariff announcement [9][13]. Group 2: Business Strategies - Merchants are focusing on diversifying their customer base and enhancing product value to mitigate the impact of tariffs, with strategies including price increases and optimizing production processes [13][14]. - The rise of cross-border e-commerce and live streaming has led to a significant shift in how Yiwu merchants engage with international customers, with many adopting social media marketing strategies [15][16]. - The demand for multilingual talent is increasing as businesses seek to better communicate with diverse international clients, prompting local educational institutions to adapt their training programs [17][19]. Group 3: Economic Impact - The U.S. tariff policy is expected to affect inventory levels in American retail, with reports indicating that major retailers like Walmart are adjusting their supply strategies in response to rising costs [8][12]. - The overall impact of tariffs on international shipping is significant, with projections indicating a 35% decrease in cargo volume arriving at the Port of Los Angeles compared to the previous year [14].

每经记者 叶晓丹 每经编辑 张海妮 据央视新闻，4月下旬，有美国CNN记者采访义乌小商品城一商户老板娘聂自勤，面对"对等关税"下如何处理美国客户的退单，她坚定果决的回应在社交媒 体上走红，也因此被网友称为"义乌最牛老板娘"。 高峰期，聂自勤经营的万圣节礼品批发业务一年可达到6000万元体量，其中50%的采购客户来自美国。 "如果美国（客户）不要，那我就给南美客户。"聂自勤接受CNN记者采访当天，恰好有南美客户在店里采购产品，一周时间过去了，之前给聂自勤下订单的 美国客户并没有取消订单，而是选择了观望，等待转机的到来。 4月底，《每日经济新闻》记者从相关进出口协会了解到，国内部分供应商已接到沃尔玛恢复供货的通知，且关税成本由美国客户承担。聂自勤一边等美国 客户的通知，一边也在想办法"主动出击"，通过开拓多元市场和加大内销等渠道，来减轻因货物积压带来的影响。 2007年跟随父亲从河南来义乌创业，聂自勤在义乌一待就是18年，14平方米的店铺如今价值千万元。她从做代工起家，高峰期一度拥有上千名员工。国际经 贸的波动，在这一爿小小的批发店铺里，总能给她带来最直接的影响。聂自勤坦言，市场会洗出去一些掉队的人，但这是义乌市 ...

Core Insights - Jinhua, one of China's cities with the highest dependence on foreign trade, had a total import and export volume of 879.5 billion yuan in 2024, with exports reaching 771.9 billion yuan, resulting in a foreign trade dependence exceeding 100% [2] - Yiwu, a major trading hub, accounted for over 80% of Jinhua's total exports, demonstrating its significance in the region's trade dynamics [2] - Despite the U.S. imposing a 145% tariff on Chinese goods, Yiwu's international trade market remains active, with buyers continuing to place orders due to established trust with suppliers [4][5] Trade Dynamics - Yiwu International Trade City, known as the world's supermarket, features 210 million types of products and 75,000 shops, achieving an import and export total of 668.93 billion yuan in 2024, a year-on-year increase of 18.2% [5] - The trade with countries involved in the Belt and Road Initiative accounted for 61.8% of Yiwu's total import and export value, highlighting its role as a key driver of foreign trade growth [7] - The main exports to the U.S. from Yiwu include textiles, light industrial products, and electromechanical goods, with a focus on consumer products like toys and small appliances [7] Buyer-Seller Dynamics - American buyers are reportedly more anxious than Chinese sellers, with an increase in inquiries from U.S. buyers who are often new to the Yiwu market and face challenges due to tariffs [8] - Trust built over years of cooperation allows for smoother transactions, as seen in the case of a bag factory that has established a reliable communication channel with its U.S. client [10] Customization and Competitive Advantage - Customization is emerging as a significant competitive advantage for Chinese manufacturers, allowing them to maintain profitability despite tariff challenges [11][16] - Companies that have shifted towards customized products report better resilience against market fluctuations, as seen in the experiences of various manufacturers [14][15] - The ability to offer tailored solutions not only enhances customer loyalty but also positions Chinese manufacturers favorably in the global market [16]

Group 1 - The article highlights the concerns of merchants in Yiwu, the world's largest wholesale market, regarding the impact of the US-China trade war, particularly the recent announcement of a 50% tariff on Chinese goods by President Trump [1][2] - Merchants in Yiwu are shifting their focus away from the US market, with many reporting that their US customer base has decreased significantly, now accounting for less than 10% of their business [2] - The Chinese government is actively promoting market diversification, with only 15% of China's exports currently going to the US, down from 19% in 2017, indicating a strategic shift to reduce reliance on the US market [2] Group 2 - Economic analysts suggest that the proposed tariffs will ultimately burden American consumers more than they will impact China, with the self-damage to the US economy potentially exceeding any retaliatory measures from China [3] - Yiwu's trade statistics for 2024 show a significant increase in trade with regions outside the US, with 18% of trade with Africa, 17% with Latin America, and 10% with ASEAN countries, reflecting a clear trend towards diversifying export markets [2]