By May 25, a total of 585 enterprises had been introduced to Yangpu Bonded Port Area; 23 times last year's figure, according to a recent business promotion conference.
The area is now home to 1,230 enterprises, and is demonstrating diversified industrial clusters and an array of different businesses.
In addition, the first digital renminbi online payment service has been successfully completed in Yangpu, marking the area's official entry into the digital currency era.
According to statistics, the Yangpu Free Trade Port Area saw a trade value of 4 billion yuan ($630 million) between January and April this year, an increase of 7.59 times year-on-year; the total operating income stood at 39 billion yuan, an increase of 83 times year-on-year; and its tax revenue hit 246 million yuan, 60 times that of the same period last year. The total industrial output value was 155 million yuan, a year-on-year increase of 5.8 times, and the foreign capital in place now exceeds $58 million.
Ships berth at Yangpu Port, Hainan province. [Photo/hnftp.gov.cn]
Overview
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