By Hannah Miao
E-commerce company JD.com will purchase 200 billion yuan, equivalent to $27 billion, of goods from China's exporters in the coming year to help manufacturers shift to the domestic market.
The Chinese company also said Friday it would provide training, subsidies and other support for export-oriented manufacturers to sell their products in China. China's exporters are looking for new customers now much of their business with the U.S. is likely to get cut off.
Dig deeper:
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
April 11, 2025 05:38 ET (09:38 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.