The 2025 Yellow River Basin Cross-border E-commerce Expo kicks off on June 12 in Qingdao, Shandong province. [Photo by Zhang Jingang/for chinadaily.com.cn]
By establishing direct procurement channels between factories and sellers, the expo helped reduce sourcing costs by over 20 percent, said the organizing committee.
"Since its inception in 2022, the expo has attracted 33,000 domestic and international buyers over three editions," said Sui Bin, deputy director of the Qingdao Free Trade Zone Administrative Committee.
China (Shandong) Pilot Free Trade Zone Qingdao Area
