On the afternoon of April 1, the inaugural ceremony of China (Hubei) Pilot Free Trade Zone Xiangyang Area was held at Xiangyang Bonded Logistics Center.
China (Hubei) Pilot Free Trade Zone has three areas: Wuhan, Xiangyang and Yichang. Xiangyang Area develops high-end equipment manufacturing, new energy vehicles, big data, cloud computing, business logistics, inspection and detection, and other industries, and drives the transformation and upgrading of regional industries.