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Haikou Jiangdong New Area
News for Outlets

Dongjiang FTP in N. China's Tianjin starts new projects to speed up parallel auto imports

July 17, 2020


Abstract : Dongjiang Free Trade Port Zone in north China's Tianjin Municipality has recently introduced two new projects as functional platform supporting parallel auto imports since being upgraded to comprehensive bonded area.

TIANJIN, July 17 (Xinhua) -- Dongjiang Port Area in north China's Tianjin Free Trade Zone has recently introduced two new projects as functional platform supporting parallel auto imports.

The two platforms are Fengchi Internet of Things (IoT) Management Center for bonded display of vehicles and Tianjin Laboratory of Changchun Automobile Testing Center for bonded inspection on autos.

The move will help further improve the industry ecology of parallel auto imports in Dongjiang and promote the development of the whole industry.

Fengchi IoT Management Center, which is expected to be completed in 2020, will provide one-stop services including storage and display, vehicle preparation, customs declaration and auto finance for enterprises engaging in parallel auto imports.

In the future, Fengchi IoT Management Center will make use of IoT technology to set up domestic and overseas service networks, and build a comprehensive and shared service platform for intelligent supply chain for motor vehicles.

Tianjin Laboratory of Changchun Automobile Testing Center can provide mandatory testing items for imported autos and environmental inspection on vehicles' national emission standards.

The use of the laboratory will provide maintenance services in Dongjiang, improve customs clearance efficiency, reduce the costs of enterprises, and help Dongjiang establish a more fine-tune auto trade system.

Meanwhile, China Machinery Industry (Tianjin) Automobile Testing Service Co. has settled in Dongjiang. It can greatly improve service capability by integrating certification consultation, certification acceptance, experimental testing and rapid certification issuance. It can also provide "two-way" recognition and inspection service for auto imports and exports, and continuously extend the industrial chain.

Tianjin Port, as China's largest port for taking in parallel imported autos, reports over 120,000 parallel import autos at its peak annually, accounting for 80 percent of the total in China. 

"We are looking forward to starting bonded storage and display of import vehicles in Dongjiang as soon as possible." said the head of Fengchi IoT Management Co., Ltd.

The increasing consumption enthusiasm has provided a broad market for parallel auto imports. Statistics showed that retail sales of such cars in China reached 10,830 units in May, up 18 percent year on year. (Contributed by Li Ting, edited by Zhang Yuan with Xinhua Silk Road, zhangyuan11@xinhua.org)

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Keyword: Tianjin parallel auto imports

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