On June 11, China issued draft rules to promote the construction of overseas warehouses and expand cross-border e-commerce businesses, which have become crucial to its foreign trade, according to the Chinese commerce ministry. Companies like Shein, Temu, and AliExpress, which ship made-in-China products globally, have seen rapid growth. This expansion offers new growth opportunities for firms previously focused on the domestic market, which is currently hampered by a macroeconomic slowdown, a prolonged property crisis, and income insecurity. The ministry’s announcement includes improving cross-border data management, optimizing export supervision, and supporting financing channels to help these businesses “go global.”