Zhoushan Port Comprehensive Bonded Zone. [Photo/zhoushan.cn]
The Zhoushan Port Comprehensive Bonded Zone was approved by the State Council in September 2012 and started operations in January 2014.
The 5.85-square-kilometer planned area is divided into two parts–the island district and the Qushan district. The former deals with transactions in five major fields: ships and marine equipment, high-end imported aquatic products and cold chain trading, medium and high-end imported food, non-ferrous metals, and heavy equipment. The Qushan district focuses on transactions in oil and chemical products, iron ore and coal.
Comprehensive port inspection agencies have been set up in the zone. Marine routes to Japan, Taiwan, Jiangsu Taicang Port and Ningbo Port have been opened. There are more than 4,000 registered enterprises in the zone, boosting a rapid growth in first-line import and export volume. In the first half of 2017, the front-line import and export volume reached $379 million, an increase of 302 percent year-on-year.