Festo Jinan Global Production Center went into operation on April 21. With a total area of about 430,000 square meters, the project has three phases. After its completion, the center will become Festo's largest and most advanced production center, as well as its largest logistics base in the world.

Serving multinational corporations (MNCs) is not confined to project approval. MNCs need government support during going global. On June 28, 10 trucks, fully loaded with game consoles, mobile phones and other consumer electronic products manufactured by Foxconn Precision Electronics (Yantai) Co., Ltd., pulled out of Yantai Comprehensive Bonded Zone. These products will soon set off for Central and Eastern European (CEE) countries aboard China-European freight trains.

Since the global outbreak of COVID-19, the international container liner market has seen a shortage of containers and the continuous rise in ocean freight rates. In this context, steady and safe China-Europe freight trains have become an important channel for the globalization of enterprises. "To smooth the international logistics supply chain and ensure the operation efficiency of China-Europe freight trains, we have established a support team and opened a special window to handle customs clearance for export via rail freight," said Lian Jianwu, Director of the Bajiao Office of Yantai Customs (under Qingdao Customs).

Foxconn Precision Electronics (Yantai) Co., Ltd. is the largest incorporated company in Foxconn (Yantai) Science & Technology Industrial Park, as well as Shandong's largest export-oriented enterprise. According to Qiu Canghuai, Head of Customs Affairs, Foxconn (Yantai) Science & Technology Industrial Park, with the help of the customs, the value of the company's electronic products exported to CEE countries amounted to over 88 million U.S. dollars in the first five months of this year, up 8.42 percent year on year.

In recent years, Shandong has kept in alignment with high-standard international economic and trade rules, pressed ahead with the facilitation of cross-border trade, conducted process reengineering with focus on customs clearance, tax rebate and foreign exchange, continued to advance the reforms of "early declaration", "two-step declaration" and "dual-segment access", reduced documents and certificates attached for customs declaration, and exempted importers from submitting contracts and packing lists in import declaration. According to data, Shandong registered import customs clearance time of 33.77 hours and export customs clearance time of 2.39 hours as of December 2020, down 62.54 percent and down 89.03 percent respectively compared to the same period of 2017.