Shanghai offers support to export-oriented firms

Shanghai on Friday organized a matchmaking event between foreign trade enterprises in Shanghai and local e-commerce firms to help the former group expand sales in China and better integrate into the nation's economy.

The move marks the city's latest effort to support such businesses amid global trade headwinds such as recent tariff hikes against many countries by the United States.

Sixteen leading domestic e-commerce platforms and nearly 80 export-oriented enterprises based in Shanghai participated in the event.