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Brief
"On 15/04/2025, the Ministry of Commerce kicked off 'Premium Exports Homebound', a new initiative to mitigate export risks. This move responds to recent U.S. tariffs, which China's Ministry of Commerce condemned as 'bullying' and a threat to global stability. By leveraging China's vast domestic market, the initiative aims to foster dual-circulation growth." This initiative was launched at the China International Consumer Products Expo in Hainan.
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