Ministry of Commerce： Export products have great growth potential for domestic sales, which will help promote consumption upgrading.

Xinhua News Agency, Beijing, June 30 (Reporter Wang Yuxiao, Chen Weiwei) Li Danghui, deputy director of the Consumption Promotion Department of the Ministry of Commerce, said on the 30th that selling high-quality export products to domestic market will further enrich the domestic market supply, accurately meet the demand and promote consumption upgrading.

At the online special conference held by the Ministry of Commerce on the same day, Li Danghui said that the transfer of high-quality export products to domestic sales is not a substitute for the domestic market, and more high-quality export products to domestic sales will further enrich the supply of the domestic market and drive consumption upgrading. At the same time, the common international rules formed in the international market for a long time will also help to improve the domestic business environment, help to fully release the advantages of China’s super-large market size and domestic demand potential, and promote the mutual promotion of domestic and international double cycles.

At the press conference, Yang Guoliang, deputy director of the Foreign Trade Department of the Ministry of Commerce, pointed out that there is great growth potential for exporting products to domestic market. The domestic market demand is accelerating, providing a domestic market for export industries such as light industry, textiles and clothing, and agricultural products. The promotion of new infrastructure, new urbanization and major projects in various places has brought new opportunities to export industries such as machinery and equipment, electrical and mechanical equipment and precision instruments. The rapid development of new consumption modes such as online sales and live broadcast with goods has also opened up sales channels for foreign trade enterprises directly facing consumer groups.

Yang Guoliang said that in the next step, the Ministry of Commerce will integrate domestic and foreign trade resources, accurately meet domestic consumption demand, set up foreign trade product zones based on various online shopping festivals, and carry out online sales activities. At the same time, make full use of platforms such as Canton Fair and China Processing Trade Products Expo to help foreign trade enterprises expand domestic sales channels.