Suifenhe Comprehensive Bonded Zone

Suifenhe Comprehensive Bonded Zone [Photo/cnrepark.com]

Suifenhe Comprehensive Bonded Zone is located in Suifenhe, a city in the southeast of Heilongjiang province. Occupying a planned area of 1.8 square kilometers, it started operations in December 2010 approved by the State Council. It is the only bonded zone in the border area of China and Russia.

The zone focuses on three industries, which are international trade, modern logistics, and import and export processing. For many years in a row, its volume for trading with Russia has accounted for 1/10th of the country's total. The port inside the zone handles more than 1.6 million arrivals and departures annually on average.

In 2017, there were 56 enterprises newly registered in the zone, with the trade volume totaling $242 million, up 43.58 percent year-on-year, while the volume of orders reached 1.05 million tons, up 226.8 percent year-on-year. Total fiscal revenue achieved 43.6 million yuan ($6.45 million), up 141 percent year-on-year. The general public budget revenue was 22.29 million yuan, up 66.5 percent year-on-year, and an additional 230 million yuan was also invested on fixed assets.