Monday, February 11, 2019

Chongqing Cuntan Bonded Port Receives 10-Year Approval, Ranking the Top Three in China

Chongqing Bonded Port
Chongqing Lianglu-Cuntan Free Trade Port

By Rui Hu, EDITOR
In the morning of November 11, Chongqing Cuntan Bonded Port (hereinafter referred to as the Free Trade Zone) was still be ablaze with lights. The employees of cross-border e-commerce and logistics companies were cooperating with the officials of Chongqing Customs District P. R. China. They packed pieces of overseas commodities through the customs, and then delivered them to other places across China.
With the opening of the First China International Import Expo, an increasing number of imported goods offer new choices for Chinese consumers. 32 cross-border e-commerce enterprises have settled down in the Free Trade Zone, providing over 30,000 kinds of foreign goods. The Free Trade Port Zone has facilitated the overseas selling of “Made in Chongqing”, and it also supports customers in Chongqing and even surrounding areas to buy the commodities worldwide.

Overall Development Ascends into China’s Top Three    

With the introduction of nearly 2,000 enterprises in recent years, besides, its export and import trade has been up to RMB 87 billion, and the value of the goods under customs supervision has reached USD 30 billion. Relying on its excellent economic development indicators, the Free Trade Port Area has been included into China’s top three in the overall development.
Chongqing’s Free Trade Zone is the only one situated in inland China among the 14 free trade port areas (the other 13 are in coastal regions). It is a miracle for Chongqing to develop a top-three free trade port area by relying on the Yangtze River and an airport.
There has been a system for ground handling services to process 1 million packages a day. Four of China’s top five cross-border e-commerce enterprises have located in here, including Alibaba, Netease, Vipshop and Xiaohongshu (RED). As of this October, it has brought in 32 cross-border e-commerce enterprises. Since 2015, its average annual transaction volume has increased by 80%.

Exploration of “Smart Port”

The Free Trade Zone will also apply big data, the Internet of Things, and artificial intelligence, to establish the “1+4+6+N” smart urban construction system (referring to one vision, four construction principles, six development tasks and numerous implemented projects). It will also build a new ubiquitous and advanced information infrastructure system, and comprehensively plan “Metro Optical Network”, a wireless network with deep perception. Based on the cloud data center, it will bring forward the planning of the cloud service capability for the future regional operation management and enterprises’ settlement.
Source: Chongqing Daily

No comments:

Post a Comment