The regulator calls on platforms to set flexible pricing strategies for charges such as commission, membership, and service fees to ease the pressure on merchants, while also providing better support to smaller businesses. The report also noted that this is the latest in a series of measures from the Chinese government to assist smaller local businesses amid a slowing economy and a trade war with the U.S. following President Donald Trump’s tariffs. “From the SMB standpoint, the exposure to tariffs at the supply chain level may actually be pretty small … but the main concern and the damage to small businesses lies with consumer uncertainty,” Priore said.
Author: PYMNTS
Published at: 2025-05-25 20:40:40
Still want to read the full version? Full article