返回首页 >

Economic Watch: Comprehensive bonded zones fuel China’s foreign trade growth

2025-04-18 13:35   Xinhua

  “Our imported equipment and materials from Germany and Japan enter the zone duty-free. Taxes are only paid when our products are sold outside the zone in China, easing our financial pressure,“ said Xu Chang, manager of the company's external relations department.

  In 2024, duty exemptions on imported machinery alone saved them over 2.7 million yuan (374,558 U.S. dollars), and the company plans to expand production and explore global markets, Xu added.

  Straddling Beijing and Hebei Province in north China, the bonded zone saw its foreign trade value grow by fourfold to reach 9.89 billion yuan in 2024, said Zhang Jizhou, deputy head of BDIA customs, adding that more enterprises are encouraged to settle there to boost regional foreign trade.

  Fan Taoyu, general manager of the north China marketing center of China Southern Air Logistics, said the company's cargo terminal at BDIA had handled more than 35,000 tonnes of cross-border e-commerce goods, electronics, industrial accessories and agricultural products in 2024, linking to markets in Europe and Asia via hubs like London, Amsterdam and Tashkent.

  “The BDIA bonded zone is unleashing growing potential, benefiting logistics firms like us,“ said Fan.

  Despite global challenges, China's trade value continues to rise, with bonded zones serving as important drivers of such growth. The country's total goods imports and exports in yuan-denominated terms expanded 1.3 percent year on year in the first quarter of 2025, demonstrating stable growth and strong resilience, according to the General Administration of Customs (GAC).

猜你喜欢

热点新闻

{$loop_num=0}