Sino US trade friction on Chinese Enterprises

In addition, the peak also said that the private economy is an important part of China's national economy, in China's foreign trade exports accounted for a considerable proportion. Private enterprises accounted for 47.9% of China's foreign trade exports in the first three quarters of this year. The trade frictions initiated by the US side have exerted varying degrees of influence on various enterprises, including private enterprises and foreign-funded enterprises. At the same time, we also note that many enterprises, including private enterprises, are actively trying to speed up the transformation and upgrading of enterprises. For example, at the 124th Canton Fair being held, we can see that many enterprises, including private enterprises, are actively turning "Made in China" to "Made in China". China's governments at all levels are also actively taking relevant measures to help enterprises, including private enterprises, to meet the challenges that may arise.