Observations from the front line of Yiwu International Trade City: Merchants experiencing record high demand, tight logistics and pressing "acceleration" button for US trade.
"Another urgent order has come in, hoping to ship by May 30th!" In the West Bling Jewelry Store in Yiwu International Trade City, the person in charge, Feng Bingbing, constantly received new message alerts on her phone. After China and the US lowered tariffs, reporters visited this "world supermarket" and found that merchants were experiencing a sweet headache: warehouses filled with goods waiting to be shipped, computer order pages continuously refreshing, American customers urging for orders, production workshops working at full capacity... On the merchant side, American orders are surging, while on the logistics side, there is a shortage of US-bound shipping lines and rising shipping rates. Looking ahead, many interviewed executives of listed companies hold a cautiously optimistic outlook on the trade environment, planning long-term strategies amidst "uncertainties" to avoid trade risks. Opening up diverse markets and establishing overseas warehouses have become key strategies for many listed companies in their long-term planning.
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