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Hema Opens Channel to Foreign Trade Firms Starting Tdy to Aid CN Mkt Expansion
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BABA-W (09988.HK) (BABA.US)'s subsidiary Hema announced that it is opening a 24-hour green admission channel for foreign trade enterprises, effective immediately.

This initiative provides efficient logistics and supply chain support and collaborates on developing innovative private-label products, helping high-quality Chinese foreign trade companies expand into the domestic market.

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Hema welcomes foreign trade enterprises in categories such as household goods, outdoor sports, pet products, beauty, maternal and infant products, and health and wellness to join, sources divulged. It will also launch a dedicated "foreign trade zone" subsequently.
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