THE Nantong Customs has recently entered the Nantong Comprehensive Bonded Zone, the first of its kind in central Jiangsu province, marking the official operation of the Nantong bonded zone, reports Xinhua.

The Nantong Comprehensive Bonded Zone is composed of two parks. The 1.5-kilometre Park A is located in the former export processing zone while Park B occupies an area of some four square kilometres, adjacent to a planned container dock with an annual handling capacity of two million TEU.

Park A will focus on commodity exhibitions and Park B mainly provide services including bonded logistics and bonded processing.

Once in operation, enterprises in the bonded zone can benefit from a variety of preferential policies such as goods trade, service trade, virtual customs checkpoint, bonded logistics and processing.

Moreover, companies can also enjoy more convenient customs clearance and high quality services.