Expanding opening of Ningbo Port approved
- Details
- Category: Governmental News
- Published: Tuesday, 20 March 2012 13:18
News came from the administration committee of Ningbo Meishan Bonded Port Area that the State Council has recently approved the plan to expand opening up of Ningbo Port, following the official approval of the establishment of Meishan Bonded Port Area in February 2008.
The bonded port area, 30 kilometers away from downtown Ningbo, is the fifth bonded port area in China approved by the State Council. The latest approval of opening up involves all the 27-kilometer coastline of Meishan Island.
Reportedly, the first phase of Meishan Bonded Port Area with an area of 2.5 square kilometers has been put into use since June 2010. In August that year, the container terminal was put into trial operation. As it is still in temporary opening period, the joint check of foreign ships by all related departments of the bonded port area usually costs about 1.5 hours. The time will be reduced to less than an hour when it is opened officially. According to the planning, some special markets for import and export commodities, such as trading centers for imported food, liquid chemicals and electronic products, will be established in Meishan Bonded Port Area, making it a distribution center for various resources and elements
