The pilot free trade zone (FTZ) in southwest China’s Chongqing Municipality saw stellar whole-vehicle imports in 2020 with streamlined China-Europe freight train services.
In 2020, 6,053 vehicles were imported through the China-Europe freight train services, with an overall value of nearly 2.82 billion yuan ($430 million), according to municipal customs officials
This comes after the pilot FTZ made its bonded warehouse services easier for whole-vehicle imports to one inspection and one transit, which reduce the time taken to enter and exit the FTZ by more than 50 percent.
The pilot FTZ has also set up whole-process electronic monitoring for packages to improve the performance of international parcel transport through the China-Europe freight train services.
Chongqing’s China-Europe freight train services transported over 17 million parcels in 2020, accounting for more than 65 percent of all parcels handled via the services in the country.
