Core Insights - The Yangshan Special Comprehensive Bonded Zone has achieved a cumulative import and export value of 1.05 trillion RMB since its establishment in May 2020, with a compound annual growth rate of 22% [1] - In the first four months of this year, the zone recorded an import and export value of 102.62 billion RMB, marking a 16.1% increase compared to the same period last year, reaching a historical high [1] Group 1: Trade and Economic Impact - The zone plays a crucial role in promoting high-level openness across various sectors [1] - The "direct release" regulatory model has expanded to include the Shanghai Waigaoqiao Port and Pudong International Airport, allowing for seamless connections between air and sea transport [1] - In April, over 10,000 bonded transit vehicles were monitored by the Yangshan Customs, representing a nearly threefold year-on-year increase [1] Group 2: Innovations in Logistics - The "coordinated unloading" model has been implemented, treating ports in the Yangtze River Delta and Yangtze River Basin as extensions of Yangshan Port, enhancing overall supervision [2] - The average transportation time between Yangshan Port and Wuhu Port is approximately 48 hours, saving nearly half the time compared to other models, with cost savings of 400 RMB per container for exports and 200 RMB for imports [2] - The "coordinated unloading" model connects Yangshan Port with 14 ports in the Yangtze River Delta, attracting over 500,000 containers for transshipment to Shanghai Port annually [2] Group 3: Development in Maintenance Services - The aviation industry chain within the bonded zone has attracted leading enterprises in composite material processing, engine assembly, and aircraft engine maintenance, forming a high-level "bonded +" industrial ecosystem [3] - The bonded automotive maintenance sector has implemented an integrated information management platform, enhancing dynamic supervision of maintenance vehicles and addressing regulatory challenges [3] - In 2024, the trade volume for bonded maintenance services in the zone reached 1.722 billion RMB, more than doubling from the previous year [3]