Wolong Comprehensive Bonded Zone has achieved a total foreign trade
value of 1.03 billion yuan ($150.54 million) since it opened on Dec 30,
bonded zone promoted investment in four areas, namely consumer
electronics, intelligent terminals, high-end equipment manufacturing,
and local Nanyang industries. There are currently 28 enterprises in the
bonded zone, among which four are processing enterprises, 17 are
logistics enterprises, three are newly registered enterprises, and four
are newly negotiated projects.
Rongzhi Communication Technology and Henan Yufeng Intelligent
Technology have completed equipment installation and started trial
production. The other two processing companies are currently in the
preparation stage. The four companies are expected to be able to reach
1.8 billion yuan in annual output after they begin operating.
17 bonded logistics enterprises specialize mainly in mushrooms, jade
and other products, and have an expected import and export value of 1
project design for a flour processing project by Xinjiang Alashankou
Free Trade Zone has been completed. A cross-border trade project by
Caipcom Group, a noodle processing project by Qingdao Longyuanfa Food,
and a textile project with Henan Xinye Textile are currently being
Nanyang Comprehensive Bonded Zone also seeks cooperation with the
Beijing Tianzhu Free Trade Zone, the Zhengzhou Xinzheng Comprehensive
Bonded Zone, and the Bonded Area of the Zhengzhou Economic and
Development Zone. Cooperative relations with Shanghai, Lianyungang,
Qingdao, Tianjin and other ports will be established as well.
the bonded zone will set up a platform for cross-border trade, allowing
domestic import and export enterprises, as well as foreign trade
enterprises, to expand.