Qingdao FTZ to facilitate cross-border e-commerce in Yellow River Basin

The Qingdao Area of the China (Shandong) Pilot Free Trade Zone, known as Qingdao FTZ, serves as a national e-commerce demonstration base and Shandong's cross-border e-commerce zone. Leveraging its port and connectivity advantages, the zone collaborates with Huangdao Customs, platform enterprises, and others to promote cross-border e-commerce development in the Yellow River Basin.

Bestone's cross-border supply chain warehouse. [Photo provided to chinadaily.com.cn]

In Bestone's cross-border supply chain warehouse, imported cosmetics and health products await clearance by Huangdao Customs before being transported 700 kilometers to the Henan Free Trade Pilot Zone in North-Central China.

Zhu Deming, customs manager of Bestone, explained: "With new interregional allocation policies, logistics companies can now consolidate stocking at Qingdao Port, improving efficiency by reducing costs and waiting times."

Photo of Qingdao Port. [Photo provided to chinadaily.com.cn]

The zone's fully implemented customs clearance services for cross-border e-commerce have greatly enhanced the Qingdao Port's advantages in fast clearance, low logistics costs, excellent support, and a favorable business environment.

Zhang Guoqing, vice general manager of Sinotrans Logistics Ltd said, "Qingdao currently serves as Henan's primary port for foreign trade, handling approximately 70 percent of its import-export operations. Maritime shipping from Qingdao is fast and efficient, particularly beneficial for cross-border e-commerce with Japan, Korea, and other destinations."

Bestone's cross-border supply chain warehouse. [Photo provided to chinadaily.com.cn]

Qingdao FTZ will continue to provide comprehensive customs clearance services for cross-border e-commerce, attracting leading enterprises from the Yellow River Basin region and fostering industrial concentration and scale effects at Qingdao Port.