(Yicai) May 15 -- Chinese foreign trade companies have received massive amounts of orders in the days after China and the United States agreed to temporarily slash their steep import tariffs.

With the tariff adjustments, some cross-border e-commerce platforms swiftly rushed to slash prices to attract more customers, China Central Television Finance reported yesterday. For example, a company cut the price of its lounge chair to USD69.99 from USD109.99, which helped it secure a great number of orders.

On May 12, China and the US jointly announced that they had agreed to lower import tariffs on each other’s goods for 90 days. The adjustments took effect on May 14.

US clients have rushed to resume halted shipments, forcing the company to push suppliers to work overnight shifts to meet surging demand, a Shenzhen-based automotive repair equipment manufacturer said, according to CCTV Finance.

Shenzhen Maiqijia Home received orders worth a total of USD300,000 on May 13 alone, Wang Li, general manager of the Chinese home furnishing company, told CCTV Finance.

Maiqijia Home plans to ship eight containers to the US this week, Wang noted, adding that he expects orders to skyrocket over the next 90 days as clients restock inventories, with many of them placing orders covering three to four months of supply due to uncertainties about the future of tariffs.

Shanghai Weierda Sunshade Equipment received orders from US clients worth over USD1 million on the night the tariffs were lowered, said Ding Linfeng, general manager of the Chinese maker of recreational vehicles’ awnings and accessories that sells its products on Alibaba.Com.

However, surging demand has driven shipping prices up and filled capacity, Cao Jingbo, vice president of a Shenzhen-based international logistics firm, told CCTV Finance. Shipping space from southern China to the US is nearly fully booked until late May, he noted.

Shipping a container to the US from China in late May to mid-June now costs USD6,000 to USD7,000 now, compared to the previous USD2,500, Xia Haofei, a representative from EZ Supply Chain Management Shanghai, told Securities Times.

This rush to resume orders reflects the market optimism about stabilizing China-US trade relations, according to analysts. Summer is usually the moment when US clients place orders for Christmas goods, so the surge in orders is a result of healthy economic ties aligning with the interests of both countries and their people.

Editor: Futura Costaglione