Changchun Xinglong Comprehensive Bonded Zone and Hunchun Comprehensive Bonded Zone released their foreign trade import and export figures for the first three quarters of this year on October 20. The first-tier import and export value of Changchun Xinglong Comprehensive Bonded Zone reached 10.013 billion yuan, a year-on-year increase of 544 percent. The import and export trade volume of Hunchun Comprehensive Bonded Zone amounted to 18.632 billion yuan, up 100.74 percent year on year. The two locations have different areas of focus in their foreign trade growth.
As one of China's important automobile industry bases, Changchun boasts a complete automotive industrial chain, providing industrial support for Changchun Xinglong Comprehensive Bonded Zone to develop auto parts import and complete vehicle export businesses. In the first three quarters of this year, auto parts imports and complete vehicle exports together contributed more than 5.5 billion yuan in foreign trade business volume to the zone. Changchun Xinglong Comprehensive Bonded Zone has also expanded its business scope through logistics channel construction and transport model innovation. In addition to China-Europe freight trains, the zone has promoted the integration of international road transport (TIR) with cross-border e-commerce and bonded operations to shorten cross-border transport times. In the first three quarters of this year, the zone's cross-border e-commerce export business volume reached 3.5 billion yuan.
On September 19, customs officers at Yanji Airport Port inspected and released king crabs that had been bonded and temporarily kept through Hunchun Comprehensive Bonded Zone, distributing them for export according to orders from Hong Kong clients. (File photo by Li Zhiyi)
Leveraging its border location and port resources, Hunchun City has vigorously developed cross-border e-commerce business targeting the Northeast Asian market. In the first three quarters of this year, Hunchun Comprehensive Bonded Zone ranked 64th in import and export among China's 173 special customs supervision zones, up 15 places from the same period last year. The bonded logistics distribution center of Hunchun Comprehensive Bonded Zone, which was put into use in recent years, has greatly improved Hunchun City's cross-border e-commerce operational capacity, reducing warehouse turnover time from about 17 days to 7 days. Currently, the zone provides warehousing services to more than 2,000 clients, with stock-keeping categories reaching over 10,000 during peak periods. The zone has also launched the cross-border e-commerce "1210" bonded export business and is exploring the "cross-border e-commerce plus border warehouse" model, organizing exports by order through advance stockpiling, thereby enhancing commodity distribution and cross-border delivery efficiency.
Comments