Core Viewpoint - The article discusses the rapid growth of the bonded maintenance business in China, highlighting its expansion in various regions and the increasing demand for high-value product repairs, such as aircraft and medical devices, under favorable policies [5][9][10]. Group 1: Business Expansion - The bonded maintenance business, referred to as "Repair Global," allows companies to import damaged goods for repair without paying import taxes, thus enhancing competitiveness [8][9]. - As of May, over 280 bonded maintenance projects have been established nationwide, with a significant increase in business scale and scope [5][7]. - In the first five months of this year, the bonded maintenance import and export value in Hangzhou reached 27.93 million yuan, a year-on-year increase of 46.4% [7]. Group 2: Policy Support - The Ministry of Commerce has introduced the first batch of bonded maintenance product catalogs, enabling regions to conduct high-value product repairs [5][9]. - Local governments are implementing regulations to support the bonded maintenance business, such as Shanghai's new local law that expands the scope of operations [13]. - The Guangdong Customs reported that the bonded maintenance import and export value increased to 21.77 billion yuan in the first five months of this year, with ongoing support for qualified enterprises [14]. Group 3: Regional Development - The bonded maintenance business is expanding beyond comprehensive bonded zones to pilot areas in Zhejiang, Sichuan, and Anhui, allowing for greater operational flexibility [10][11]. - The first successful bonded maintenance project outside a comprehensive bonded zone occurred in Sichuan, saving approximately 40 million yuan in guarantee amounts for the company [10]. - New pilot projects in regions like Inner Mongolia and Hainan are further diversifying the types of products eligible for bonded maintenance [10][12].

Core Viewpoint - The introduction of the "in-bond maintenance" business model in the Hangzhou Comprehensive Bonded Zone is enhancing operational efficiency and reducing costs for companies engaged in the repair and maintenance of imported goods, leading to significant growth in trade value [1][2]. Group 1: Business Model and Impact - The "in-bond maintenance" model allows companies to import damaged or defective goods into a bonded area for repair and then re-export them, which simplifies the process and reduces costs compared to traditional methods [1][2]. - From January to May this year, the import and export value of bonded maintenance in the Hangzhou Comprehensive Bonded Zone reached 27.93 million yuan, representing a year-on-year increase of 46.4% [1]. - Companies like BoRi Technology are leveraging this model to not only lower after-sales costs but also to gather product performance data that can enhance their R&D and manufacturing processes [2]. Group 2: Industry Development and Future Prospects - The establishment of after-sales service centers, such as the one by Hangzhou Daineng Technology Co., indicates a shift from pure production to extending services along the supply chain [2]. - The Ministry of Commerce has recognized the growth potential of new foreign trade models like bonded maintenance and has introduced a product catalog for bonded maintenance in free trade pilot zones, allowing for high-value product repairs [2].