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JD.com, Alibaba offer support to Chinese manufacturers as US trade war bites

The news: Chinese ecommerce giants are heeding the government’s call to help boost domestic consumption and support local manufacturers to cushion the blow of a rapidly escalating trade war with the US.

What companies are doing: JD.com, Alibaba, and Meituan are among the companies looking to help export-oriented manufacturers sell their wares to local Chinese consumers.

  • JD pledged to buy at least RMB 200 billion ($27.9 billion) worth of goods previously slated for export over the next year and will also offer manufacturers ecommerce training, subsidies, and other support to help them pivot to the domestic market.
  • Alibaba’s Freshippo grocery chain is launching a 24-hour fast-track onboarding channel designed for exporters to set up shop on its platform, and will launch a dedicated section to showcase those companies’ products.
  • Food-delivery company Meituan also committed to helping manufacturers begin selling on its platform, offering marketing, operations, and delivery support.

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