China launches first bonded remanufacturing business in Chongqing

Chongqing Customs discovered that some local automobile-related enterprises had achieved an internationally advanced level in automotive parts remanufacturing technology. While there is a strong demand for remanufactured products abroad, these enterprises face challenges in expanding their international operations due to a shortage of raw materials, resulting in bottlenecks in the industry's development, indicating that the growth has the potential to be even greater.

To address this issue, Chongqing Customs collaborated with the city's commission of commerce and ecological environment bureau to formulate a comprehensive supervision plan, successfully promoting Chongqing Yuxiang Intelligent Technology to be approved as a bonded remanufacturing pilot.