Business · Trade · 6 hrs ago

Shanghai launches new smart-port services for trade and overseas business

Shanghai launches new smart-port services for trade and overseas business

At a meeting in Shanghai on November 9, several government departments launched a new round of smart-port development.

The services connect customs and trade systems that companies previously had to use separately, so businesses can handle shipping, tax refunds and overseas investment services through one entry point.

A new pilot aims to help imported products shown at the China International Import Expo reach shops faster by simplifying checks for products being introduced for the first time.

In Huangpu district, 272 new products have passed online checks, and five companies are taking part in the pilot.

Other services will let businesses track cargo across Shanghai, Chongqing and Anhui, and receive air-freight updates directly in their own systems.

Digital finance and insurance services will support overseas expansion by linking trade data with financing, payment and risk-protection services, including for smaller exporters.

The new services mark a shift from launching individual tools to building a connected system, with plans to extend the product pilot across Shanghai and develop AI-based checks, risk alerts and wider data links.

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