On June 3, under the supervision of Qingdao Customs, a batch of e-commerce commodities imported from South Korea were cleared in the Qingdao area of Shandong Free Trade Zone.

Different from the past, through the use of blockchain technology, the information flow, logistics, capital flow and customs flow of the batch of commodities can be mutually recognized and digitalized throughout the chain, which is a new breakthrough in digital trade.

In order to promote the advancement of regional superior industries and the modernization of the industrial chain, Qingdao Free Trade Zone, United Haier Co., Ltd., China Reserve Development Co., Ltd., and Jingdong Co., Ltd. have created an enterprise service platform to enhance the stability and competitiveness of the industrial supply chain. By introducing Tradeany, a digital economy supply chain system service provider, Qingdao, Japan, South Korea, Central Asia, and Central and Eastern Europe form an international supply and demand cycle.

In the next step, Qingdao Free Trade Zone will continue to explore and develop new formats and models under the domestic and international dual-cycle pattern, realize the closed-loop digital operation of the entire trade chain, and accelerate the development of new breakthroughs in digital trade.