The global trade arena is facing turbulent winds—like a roller coaster ride! Recent data shows that the global economic and trade friction index hit 106 in February 2025, underlining persistent challenges in the international market. Among the 20 countries and regions monitored, the United States, the European Union, and South Africa top the list.
Adopting an "America First" trade policy, the United States has imposed a series of punitive tariffs and sweeping sanctions. For eight consecutive months, the financial toll of these measures has led the charts, and additional tariffs on goods from the Chinese mainland have strained bilateral trade ties, impacting export orders and ramping up production pressures.
In response, the China Council for the Promotion of International Trade (CCPIT) has rolled out a smart combination of policies to stabilize foreign trade. These initiatives support enterprises in exploring overseas markets through international exhibitions, optimizing the business environment, and providing key assistance to navigate economic frictions.
Businesses are now diversifying their market reach, moving beyond traditional European and American markets. Many are shifting focus to emerging markets in Belt and Road Initiative countries, ASEAN, and Africa. It's like a global game of chess—every strategic move counts! ♟️
Tech-savvy platform players, including names like Pinduoduo, and dynamic cross-border e-commerce firms are stepping in as critical allies. Using big data, they match domestic and international market demands, reduce transaction costs, and boost efficiency with services like drop shipping and overseas warehouses. This dual focus on expanding international and domestic channels is easing the burden on trade enterprises.
In a rapidly evolving global trade landscape, these innovative steps highlight resilience and creativity. Even amid tariff turbulence, smart strategies can pave the way for balanced and sustainable growth. 🚀
Reference(s):
Stabilizing foreign trade and growing domestic demand against tariffs
cgtn.com
