The transfer of foreign trade to domestic sales means the transfer of export to domestic sales.
In a broad sense, export to domestic sales is a change in business practices. It refers to that under the background of economic crisis, the original export-oriented enterprises are compressed by the international market consumption, and the pressure of product sales is increased. In order to survive, the enterprises change the sales channels from foreign markets to domestic markets, and obtain new channels for commodity sales through domestic sales, so as to obtain the survival and development of enterprises. This has become a way for companies to find a way out in a crisis. Domestic enterprises turn to domestic sales, not only can digest inventory, but also through promotion and other means as soon as possible to achieve the return of funds, increase the profit of enterprises and capital turnover rate, is conducive to the long-term development of enterprises. Through such a turning opportunity, it can also expand the domestic sales channels of products in the country, increase the visibility of enterprises and brands, and increase market opportunities.
Export to domestic sales refers to the export of products, because of various reasons can not be exported to the international market, in order to reduce losses, the goods sold in the domestic market. It is also pointed out that after the goods are sent abroad, the foreign exchange cannot be collected and written off before the expiration of the verification certificate. According to regulations, the export of goods exported to domestic sales, can no longer be defined as export products. Export sales revenue shall be reduced and domestic sales revenue shall be increased when accounting transactions are performed.
At the national level, export to domestic sales will help foreign trade enterprises out of the sales dilemma, ensure the smooth operation of the industrial chain and supply chain, stabilize the basic foreign trade and foreign investment, and help expand the sales channels of foreign trade enterprises and promote the upgrading of domestic consumption.