Chongqing- Without the location and resource advantages of a border or coastal area, Chongqing Highway Logistics Base in Banan District, has bred all-inclusive trade logistics services, which has opened up a road of regional economic and social development driven by the trade logistics industry. 

JD Global Purchase Warehouse 

Chongqing Highway Logistics Base has seen strong industrial development momentum.

More than 70 leading logistics enterprises, including JD.com, Inc., Chongqing China South City Co., Ltd., and Chongqing Xincheng Automobile Sales Co., Ltd., have gathered in Chongqing Highway Logistics Base.

Serving as the only warehouse of JD Global Purchase in southwest China, the products extend to beauty makeups, infant and mom products, health care products, and daily necessities, exceeding 1,500 varieties. This provides an opportunity for domestic consumers to purchase products overseas in a more efficient and effective way.

At present, there are more than 5,000 introduced enterprises, forming a relatively complete trade logistics industry cluster and promoting Banan District’s trade logistics industry to take a cluster effect in the city.

During the 14th Five-Year Plan period, Chongqing Highway Logistics Base will continue to deeply integrate into the Belt and Road construction, extend bonded warehouse, customs supervision, and other features.

It aims to build a Chongqing international trade logistics center, an important carrier of the New International Land and Sea Trade Corridor, a highway logistics hub of Chengdu-Chongqing economic circle, and an Association of Southeast Asian Nations (ASEAN) trade service headquarters base.

ASEAN Commodity Centralized Purchasing City

The ASEAN Commodity Centralized Purchasing City serves traders in the China-ASEAN economic region, providing high-quality comprehensive services integrating trade, logistics, warehousing, and supply chain finance for goods abroad to enter the Chinese market, as well as for Chinese goods to reach the world.

"Relying on our platform, China and the ASEAN will form a centralized trading platform for world commodities with barrier-free information exchange, more flexible trade methods, more convenient logistics and transportation, and safer capital management," said Allen Yi, Deputy General Manager of Chongqing-ASEAN International Logistics Co., Ltd.

After the Regional Comprehensive Economic Partnership (RCEP) agreement takes effect, more than 90 percent of merchandise trade among members that have approved the agreement will eventually be subject to zero tariffs.

The RCEP includes 10 ASEAN members, China, Japan, the Republic of Korea, Australia, and New Zealand. The 15 states' total population, gross domestic product, and trade all account for about 30 percent of the world's total.

"RCEP will form a unified regional rule system," said Yi. "Tariff concessions, tariff barriers, and non-tariff barriers will be greatly reduced, and the flow of goods, services, and capital will be promoted."

Yi thinks the ASEAN Commodity Centralized Purchasing City will increase cooperation with the ASEAN countries, introducing high-quality enterprises with "technology, brand, and market" to settle on their platform to provide richer resource matching for both supply and demand.