Business · Trade · 11 hrs ago

Zhejiang briefing urges exporters to prepare for global trade changes

Zhejiang briefing urges exporters to prepare for global trade changes

More than 320 representatives from Zhejiang companies and institutions attended a global trade briefing in Hangzhou on October 19.

The event aimed to help Zhejiang businesses assess international changes and plan their expansion overseas.

Experts said China's exports are shifting from basic goods such as clothing and toys toward higher-value products, including electronics and precision manufacturing.

One speaker urged companies of all sizes to adopt artificial intelligence while managing the pace of change across industries.

Another advised businesses to match China's strong industrial supply network with local needs and account for differences in rules and risks across foreign markets.

The Agricultural Bank of China’s Zhejiang branch presented cross-border services, including financing, payment support and tools to manage currency risks.

The briefing is part of Zhejiang's ongoing “Zheli Goes Global” initiative, which supports local companies seeking to operate internationally.

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What people are saying

Gao ZhikaiDeputy director of the Center for China and Globalization
I suggest that all companies unconditionally embrace artificial intelligence, regardless of size, industry or ownership.
via China News Service
The so-called “China overcapacity” argument promoted by some outside China is not objective; what it reflects is the industrial efficiency advantage formed by China’s complete industrial system, energy security and large skilled workforce.
via China News Service
Huang PingVice president of the Chinese People’s Association for Friendship with Foreign Countries and former Chinese consul general in New York
Companies should anchor themselves in their own development pace and not be overly disturbed by external voices.
via China News Service