Recently, China Central Television (CCTV) has made relevant reports on the good experience and practices of 21 pilot free trade zones in China. Shandong Pilot Free Trade Zone has continued to optimize the business environment through a combination of measures, which has greatly facilitated the trade.

Empower bonded exhibitions and sales with "Blockchain-powered FTZ" to achieve more convenience of consumption. Through the "facilitation of goods leaving the FTZ, traceability with one item and one code, return of goods from trade fair, and tax payment only after transaction completion", the whole process of imported goods can be traced back. At present, thanks to "Blockchain-powered FTZ", Greenland Global Commodity Trading Hub, Laox, Jiajiayue Group and other large trade leading enterprises have set up 7 import goods bonded exhibition fields outside the customs bonded area.

Empower bonded logistics with "Blockchain-powered FTZ" to achieve smoother customs clearance. Relying on the digital service platform of "Blockchain-powered FTZ", we will build a new model of digital supervision of bonded logistics for China-Europe freight trains featuring "comprehensive consolidation of freight trains, real-time supervision of shipments departing from the bonded area, timely early warning of abnormal shipments, and convenient and safe transportation back to the area", to boost the rapid development of sub-assembly and consolidation business in the area.

Empower bonded processing trade with "Blockchain-powered FTZ" to achieve more efficient production. Relying on the digital service platform of "Blockchain-powered FTZ", we will integrate deeply with the customs system, and perform diversity cross-certification of warehousing, production, logistics and other nodes related to enterprise ERP, WMS, etc., to realize the dynamic full-process monitoring of the logistics trajectory of imported bonded parts and components, and effectively improve the precision management level of enterprises, with the average efficiency of customs clearance increasing by 70%.