Yantai Import & Export Corp. is a state-owned comprehensive foreign trade enterprise. It deals with the import and export of cereals, oils and foodstuffs, textiles and garments, arts and building materials, chemical products and medicines, native products, etc. and also handles the business of international freight countries and regions. Its total trade value was over a hundred million U.S. dollars and ranked among China's 500 leading foreing trade enterprises in the past 4 consecutive years