May 26, 2025
In a move to bolster local merchants facing economic headwinds and the impact of the US trade war, China has released draft guidance for online platform merchant fees. This step aims to alleviate the pressure on businesses dealing with the dominance of online platforms and their customer-centric strategies. By introducing these measures, Beijing seeks to provide support to merchants navigating the challenging landscape of a sluggish economy and trade disputes with the US. The guidance is designed to empower local businesses and mitigate the effects of the ongoing challenges they face. This move reflects China's commitment to fostering a more favorable environment for domestic merchants and promoting sustainable growth amid external pressures. As the global economic landscape continues to evolve, such initiatives play a crucial role in strengthening local businesses and enhancing their resilience.
Tags: China, Online platforms, Merchant fees,
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