Chinese manufacturers are being encouraged by the central government to embrace a domestic-centric business model, with less reliance on exports. Illustration: Henry Wong
Chinese manufacturers are being encouraged by the central government to embrace a domestic-centric business model, with less reliance on exports. Illustration: Henry Wong

How China’s factories are pivoting from an export-oriented business model to rely more on domestic sales

  • Deteriorating relations with Western countries has accelerated China’s push to look inward for economic growth, putting its fate in its own hands
  • Even as orders have been returning to China due to other producing countries still being ravaged by the pandemic, manufacturers say the trend unsustainable

Chinese manufacturers are being encouraged by the central government to embrace a domestic-centric business model, with less reliance on exports. Illustration: Henry Wong
Chinese manufacturers are being encouraged by the central government to embrace a domestic-centric business model, with less reliance on exports. Illustration: Henry Wong
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