China's Xiong'an New Area's comprehensive bonded zone launched its first export business with 150,000 piezoelectric quartzs.

China's Xiong'an New Area's comprehensive bonded zone launched its first export business with a truck carrying 150,000 piezoelectric quartzs, marking the start of regular operations. The zone, approved in June 2023, is expected to reduce institutional transaction costs and promote high-end manufacturing and production services through policies like tax refunds, bonded imports, and free circulation of goods within the zone.