E-commerce powers up foreign trade

Yantai, a port city in Shandong province, is enhancing the development of cross-border e-commerce to boost its economic and trade ties with other countries, especially neighboring Japan and South Korea.

"As more foreign trade companies are using e-commerce to develop their overseas business, Yantai's cross-border e-commerce services have entered the fast lane and become a new driver for the growth of its foreign trade," said Yu Dong, head of the Yantai Bureau of Commerce.

In March, Yantai was approved by the General Administration of Customs to be one of 14 pilot cities for cross-border e-commerce services in China, the province's second after Qingdao.