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Shaoxing Comprehensive Bonded Zone. [Photo by Luo Ye for Tide News]

From January to October 2024, the Shaoxing Comprehensive Bonded Zone achieved a total import and export value of 19.57 billion yuan ($2.67 billion), a year-on-year increase of 42.9 percent, ranking 60th among all comprehensive bonded zones and bonded zones in China.

Focusing on the integrated circuit and biopharmaceutical industries, Shaoxing Comprehensive Bonded Zone has developed outward-oriented processing and manufacturing, research and development design, logistics distribution, cross-border e-commerce, testing and maintenance, financial leasing, new offshore trade, and sales services.

Shaoxing Port Sheng Supply Chain Management Co, located on the third floor of Warehouse No 3 in Shaoxing Comprehensive Bonded Zone, was established in April 2023. It is a comprehensive enterprise specializing in the supply chain field. From January to November 2024, the company's import value exceeded 2.5 billion yuan.

"The Shaoxing Comprehensive Bonded Zone has significant location advantages and very convenient surrounding transportation, giving enterprises an inherent advantage in development," said Yao Fang, the company's head. According to her, choosing to develop here was largely due to its promising prospects.

As a high-level platform for the city's opening-up, Shaoxing Comprehensive Bonded Zone officially launched its first bonded cross-border retail e-commerce business in July 2023.

Currently, more than 40 cross-border e-commerce enterprises have settled in, with 20 new enterprises established in 2024. The daily average order volume remains above 12,000 orders.