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Yichang Bonded Zone achieves robust start to first quarter
2026-03-25 08:38:00

  Since the beginning of this year, the Yichang Comprehensive Bonded Zone has seen robust growth in foreign trade. As of March 23, the value of bonded imports and exports rose by 91% year on year, and it is expected to see double-digit growth in the first quarter.Enterprises in the zone are ramping up production of the first batch of high-voltage power distribution cabinets destined for Kazakhstan. A company representative noted that the decision to locate in the bonded zone was driven by the export tax rebate policy, with the first rebate arriving just one week after the transaction, effectively easing cash flow pressures.

  Currently, 135 foreign trade enterprises from across Yichang have set up operations in the zone, benefiting from a range of “bonded+” innovative measures. The zone has streamlined customs clearance procedures to ensure efficient flow for key enterprises and has opened new channels for local automobile exports, significantly reducing logistics costs. Emerging business models are also gaining momentum, witha cross-border e-commerce offline self-pickup store offering nearly 100 global brands at prices averaging 30% lower than market rates. In 2025, the total foreign trade volume of the Yichang Comprehensive Bonded Zone exceeded 9 billion yuan for the first time, accounting for 16.7% of Yichang’s total foreign trade. (Sanxia Daily: Reporters/Yang Jing and Chen Xiangrui, Correspondents/Xu Linghao and Zhang Guochao)