Butter officially entered Shandong International Bulk Commodity Trading Market in the China (Shandong) Pilot Free Trade Zone (FTZ) Qingdao Area on Feb 28, which filled the gap of online trading of butter in the domestic market.
The Qingdao Area of the China (Shandong) Pilot Free Trade Zone, or Qingdao FTZ, decided to pilot a new regulation on market entity registration on Oct 8, with the goal of streamlining the processes of market entities' registration processes by simplifying procedures and incorporating online options.
China (Shandong) Pilot Free Trade Zone Qingdao Area
