The Hongqiao Central Business District Bonded Logistics Center (Type B). [Photo/General Office of the Shanghai Municipal People's Government]
The Hongqiao International Central Business District has seen remarkable growth in cross-border e-commerce, driven by its role as a leading zone for Silk Road e-commerce.
In the first three quarters of 2025, the Hongqiao CBD handled over 64 million cross-border e-commerce import and export orders, with transaction value exceeding 10 billion yuan ($1.4 billion). These figures represent year-on-year increases of 5.8 times and 4.6 times, setting a record in scale.
As a core platform, the Hongqiao CBD Bonded Logistics Center (Type B) has played a stabilizing force since its launch in November 2022. In the first nine months of 2025, its order volume accounted for 62 percent of Shanghai's total, with transaction value growing 60 percent year-on-year.
The Hongqiao CBD has advanced its logistics channels. For air freight, the "9610" cross-border e-commerce export service at Hongqiao Airport, introduced in September 2024, has completed more than 8.8 million export orders with a total value exceeding 1.1 billion yuan.
In sea freight, the Hongqiao CBD partnered with Shanghai International Port Group to establish an operational center promoting the "9710" consolidated shipping model.
The launch of a 4,000-square-meter pre-staging warehouse has created an integrated 'warehouse-port-delivery' chain system, which doubled efficiency and cut delivery time by nearly half from its first shipment in September.
As Shanghai's first pilot zone for cross-border e-commerce and industrial integration, the Hongqiao CBD focuses on smart manufacturing, smart home appliances, fashion and cosmetics, health and leisure, and industrial goods.
The zone has served over 1,000 Yangtze River Delta enterprises, attracted more than 220 cross-border e-commerce companies, and achieved a total trade volume exceeding 5 billion yuan, fostering synergy between industrial upgrading and cross-border e-commerce.
Regulatory services have also been optimized. On Sept 16, a digital supervision pilot project went live, enabling real-time data transmission for a leading e-commerce platform.
The system reviewed over 2.9 million declarations with a compliance rate of 99.95 percent, reducing inspection needs and supporting smooth clearance during peak events.
Additionally, businesses can directly benefit from the "9810" supervision model, which allows tax refunds upon departure and deferred settlement after sales, lowering operational costs for enterprises expanding globally.
Source: Shanghai Observer
