Shanghai’s factories and research hubs are in the spotlight as businesses in the Chinese mainland face a new wave of U.S. tariffs. With duties on key exports climbing, companies are rewriting their strategies to survive and even grow globally.
CGTN’s Tian Wei recently met with industry leaders, policymakers and entrepreneurs in Shanghai to explore how these enterprises are adapting to shifting trade winds. Their insights reveal a playbook of resilience built on four key pillars.
Market diversification is top of the agenda. Instead of relying heavily on the United States, many firms have expanded into Europe, Southeast Asia and emerging economies. By tapping into new customer bases, they are offsetting the impact of higher duties and uncovering fresh growth opportunities.
Digital transformation is another game-changer. From AI-driven manufacturing to online sales platforms, companies are boosting efficiency and cutting costs. Cloud-based tools and big-data analytics help predict demand, streamline production and reach global buyers with greater agility.
At the same time, bolstering domestic demand has become a strategic priority. As consumers in the Chinese mainland seek higher-quality goods, local brands are investing in design, sustainability and after-sales service to capture a growing share of home-market spending.
Finally, supply-chain resilience is taking center stage. Firms are diversifying suppliers, investing in regional logistics hubs and adopting just-in-time models to reduce vulnerability. Collaboration with partners across Asia, Africa and Latin America is creating a more flexible network.
Experts agree that agility in policy shifts and global trends is now a core part of any successful enterprise. By combining market diversification, digital upgrades, domestic focus and supply-chain strength, businesses in the Chinese mainland are not just weathering the storm—they’re charting a course toward long-term success.
Reference(s):
cgtn.com
