Ningbo Port's total vehicle import exceeds 10 billion yuan
- Category: Ningbo Port
- Published: Wednesday, 01 May 2019 07:28
On the morning of April 29, a batch of Toyota Land Cruisers originating in Japan were successfully cleared with the click of mouse by Meishan Customs officials. The smooth import of these vehicles marks that the cumulative value of vehicle imports at Ningbo Port has exceeded 10 billion yuan.
As of April 29, Ningbo Port had imported a total of 28,867 vehicles, with a value of 10.02 billion yuan. "The breakthrough in the value of imported vehicles from Ningbo Port from zero to 1 billion yuan took 22 months, and from 9 billion yuan to 10 billion yuan took only 3 months." Meishan Customs officials said.
As the only import port for complete vehicles in Zhejiang Province, Ningbo Meishan Bonded Port Area officially launched the import business of complete vehicles at the end of December 2013. In 2016, it officially became a national parallel import vehicle pilot. In September 2017, since the approval of the “One Belt, One Road” construction pilot zone in Ningbo, imported cars from countries along the “Belt and Road” have become new growth points for the import of complete
vehicles at Ningbo Port.
Thanks to the implementation of a series of customs clearance facilitation measures, the efficiency for vehicle clearance in Ningbo Meishan Port has been significantly improved, and the overall customs clearance time has been reduced by 75%