Qingdao FTZ hosts tire export seminar

The Qingdao Free Trade Zone hosted a tire export seminar on Nov 22, as part of its efforts to build the West Coast International Energy Free Trade Port and a bulk commodity resource hub. Over 30 representatives from firms dealing in tire exports, logistics, platforms, and finance gathered to explore the latest trends, opportunities, and challenges in the industry.

Photo of the tire export seminar. [Photo provided to chinadaily.com.cn]

The seminar featured in-depth discussions on industry advantages, policy environment, and government services. Enterprise representatives also shared insights on export conditions, business cooperation, and digital ecosystem trends. Experts from China Export & Credit Insurance Corporation explained the crucial role of export credit insurance in risk management, securing receivables, expanding financing, and boosting global competitiveness.

Photo of the tire export seminar. [Photo provided to chinadaily.com.cn]

This seminar was part of a broader initiative to adapt to market changes, enhance the industrial environment, and support exporters. Since its establishment, the zone has seen steady growth in foreign trade, with exports up 21.8 percent year-on-year in 2023.

Looking ahead, the zone will continue to focus on enterprise needs, accelerate the development of the energy free trade port, refine bulk commodity trade policies, and strengthen support services to help tire manufacturers expand internationally.