Promoting Trade Development Between China and South Korea with eWTP

After signing the FTA, China and South Korea are widely regarded as the driving force for the sustained and rapid development of Sino-Korea economic and trade relations. However, statistics show that in the past three years, the growth rate of trade between the two countries has slowed down. Apart from the political factors of the THAAD incident, the traditional trade structure and trade methods have restricted the development space of trade between the two countries. It is difficult for SME products and small batch products to trade between the two countries. As a new international cooperation platform of openness, transparency, sharing, innovation and development, eWTP can activate more trade entities to complement the needs of the two countries with cross-border e-commerce, and expand product types and frequency to tap the potential of consumer demand as well as improve circulation efficiency to realize the best shopping experience for consumers.