--Covering a 358,000-square km expanse, the
Yangtze River Delta, consisting of Shanghai and the provinces of
Jiangsu, Zhejiang and Anhui, is one of the most populated and urbanized
city clusters in China.
-- A spate of measures has been rolled out by local authorities in the
delta region to support domestic sales of export products after the
State Council released a guideline in late June.
-- The four regions in the Yangtze River Delta are teaming up to
further integrate their industrial chains to meet persified domestic
demands.
HEFEI, Sept. 5 (Xinhua) -- Instead of shuttling across exhibition
venues around the world as before, Pan Bin, general manager of Anhui San
Cunguang Reflective Material Co., Ltd. was busy promoting products to
the domestic market through e-commerce platforms.
"We used to export reflective materials to Southeast Asian and
European countries, but the overseas orders were all canceled due to the
COVID-19 pandemic, and we turned our focus to tapping the domestic
market," said Pan.
The company was one of the trailblazers in the Yangtze River Delta to
make its foray into China's new development pattern known as "dual
circulation" that takes the domestic market as the mainstay and allows
the domestic and foreign markets to boost each other.
An electric vehicle at the 2020 International (Hefei) Energy
Conservation and New Energy Automobile Exhibition in Hefei, east China's
Anhui Province, Sept. 5, 2020. (Xinhua/Zhang Duan)
First introduced in May this year, the new development pattern has
been placed high on the authorities' agenda. The top leadership of China
has recently urged the delta region to take the lead in forming this
new development pattern based on its various advantages.
Covering a 358,000-square km expanse, the Yangtze River Delta,
consisting of Shanghai and the provinces of Jiangsu, Zhejiang, and
Anhui, is one of the most populated and urbanized city clusters in
China, contributing one-fourth of the country's gross domestic product.
INCREASING DOMESTIC SALES
Sales of quality export products at home can further enrich the
country's market supply and take full advantage of its super-large
market size and demand potential, China's commerce ministry said in late
June.
Pan's company has benefited from the vibrant domestic market after
selling products at home. "We launched seven online shops on several
major e-commerce platforms, including Tmall and JD.com, and our total
sales have surpassed 6 million yuan (about 877,200 U.S. dollars) as of
July," he said.
To better meet the growing domestic demand, the company has employed
more staff and expanded production while developing new products.
The company's successful transformation was possible thanks to the
local government's support. "The local government has given us financial
support and helped us to open up new sales channels," he said.
A spate of measures has been rolled out by local authorities in the
delta region to support domestic sales of export products after the
State Council released a guideline in late June.
Jiangsu Province adopted 12 new measures, including streamlining the
certification process for the domestic sale of export products and
reducing certification fees to promote the integrated development of
domestic and foreign trade, according to a circular released by the
provincial government.
Anhui provided financial support to encourage export enterprises to
sell their products to domestic customers via online exhibitions
organized by the provincial department of commerce.
STABILIZING THE INDUSTRIAL CHAIN
Building a modern and stable industrial chain to supply quality
products is one of the key forces in developing the "dual circulation"
pattern, said Chen Wen, a professor at the Chinese Academy of Sciences,
who has participated in national-level planning of the delta region.
From small chips to big planes, and from cloud computing to the
Internet of Things, the four provincial-level regions in the Yangtze
River Delta are teaming up to further integrate their industrial chains
to meet persified domestic demands.
Anhui Shenghuabo Auto Electric Co., Ltd., a company that specializes
in manufacturing windscreen wipers, is a participant and beneficiary of
the increasingly integrated development within the Yangtze River Delta
region.
With its manufacturing base located in Anhui, the company's R&D
center is based in Shanghai, and its mold processing is conducted in
Zhejiang Province.
"Regional integration has brought us new opportunities as we can tap
the best potential of each place and share resources within the region.
Our clients have expanded from domestic brands to joint ventures," said
Zhang Weixing, vice general manager of the company.
"As time goes by, the region is becoming increasingly dynamic and
appealing. Geographic proximity and similar cultures have nurtured
friendship among cities. At the same time, cities in the region can also
complement each other in terms of industrial chains," said Xu Xianping,
a professor at Guanghua School of Management, Peking University.
"The region will explore a high-level regional integration model for
the country to achieve high-quality development," said Xu.
DEEPENING OPENING-UP
While the potential of the domestic market is being emphasized, China
will not shut the door on the world. Instead, it will further open up
its economy.
Contributing to about one-third of China's foreign trade and
investment, the Yangtze River Delta has the advantage of serving as a
bridge between domestic and international markets.
Statistics showed that in the first half of this year, Zhejiang
Province achieved a total import and export volume of 1.47 trillion
yuan, up by 4.2 percent year on year while that of Anhui totaled 244.16
billion yuan, up by 9 percent from last year.
The deepening opening-up is reflected in the busy production lines at
LCFC (Hefei) Electronics Technology Co., Ltd., the largest personal
computer research and development and manufacturing base of the Chinese
tech giant Lenovo.
In the company's workshop, based in Hefei, capital of Anhui Province, workers are putting in extra hours in production.
The lifestyle of stay-at-home and work-from-home amid the epidemic has
spurred the booming global demand for computers and tablets, and in the
first half of the year, LCFC exported 4.05 million computers, an
increase of 15.9 percent from the previous year.
"By participating in global competition, the enterprise can speed up
technological innovation and industrial upgrades, which can, in turn,
boost sales in the domestic market," said Bai Peng, CEO of LCFC.
According to Bai, the enterprise is continuing to innovate new
products to meet both domestic and global demands. "For example, as the
ultrabook is popular in the domestic market, we launched new product
lines including Xiaoxin and Yoga to keep up with demands of customers,"
Bai said, adding that they also offer customized products and services.
China's development cannot be segregated from the world. By developing
an efficient "dual circulation" pattern, China's economy can be more
resilient and open up wider, said Ma Jiantang, a senior official at the
Development Research Center of the State Council.
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