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In the first half of this year, Liangjiang New Area's total value of imports and exports has reached 115.7 billion yuan ($18.63 billion). Its volume of bonded trade accounted for $900 million, according to statistics released by the Liangjiang administrative committee.
As a pilot area of the opening up of China's inland, Liangjiang has been working on expanding its import and export trade such as processing trade and bonded logistics.
The bonded trade industry in the new area has experienced somewhat of a boom in recent years. More than 40,000 species of goods have been traded through the Bonded Trade Center of Lianglu Cuntan Port. A new shop for imported Italian goods entered its trail operation in Lianglu Cuntan Port on July 18. The port has also constructed two new trade platforms in Chongqing to promote the city's bonded trade.
As a pilot area of cross-border commerce reforms, Liangjiang's cross-border commerce has developed fast in recent years. Lianglu Cuntan Port has constructed two semi-automatic checking and sorting lines and warehouses with a total area of 95,000 square meters. In the first half of this year, Liangjiang introduced 98 cross-border ecommerce enterprises.
Edited by Jacob Hooson
UK trade commissioner for China praised Chongqing as a burgeoning center in intelligent manufacturing.