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Pudong Airport Comprehensive Bonded Area sees revenue growth in H1

en.china-shftz.gov.cn Updated: 2022-09-13

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The Pudong Airport Comprehensive Bonded Area is a key part of the China (Shanghai) Pilot Free Trade Zone. [Photo/WeChat account: waigaoqiaowindows]

The Pudong Airport Comprehensive Bonded Area in China (Shanghai) Pilot Free Trade Zone saw a significant increase in economic development during the first half of 2022 despite the impeded global industrial chain and supply chain.

From January to June, the bonded area generated 21.5 billion yuan ($3.07 billion) in operating revenue, up 19 percent year-on-year.

The import and export trade volume totaled 38.45 billion yuan, up 10.9 percent year-on-year.

At present, the Pudong Airport Comprehensive Bonded Area has developed major industrial sectors involving integrated circuits, high-end consumption, healthcare and medical treatment, and aviation services.

The area is also working to expand its business relations, upgrade its industries and improve the business environment by promoting the digitalization of the traditional supply chain.