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First Bonded Storage Center in Southwest China
Hongxing Public Bonded Storage, the first of its kind in southwest China, opened recently in Mianyang of Sichuan Province.
The storage center is co-funded by the Sichuan Changhong Electronic Appliances Co., Ltd., with the city's hi-tech park as a partner.
It will be used by Changhong for importing raw materials, as a way to reduce the production cost, and help the city compete internationally.
The facility also will serve other companies in the southwest.
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