Significant achievements have been made in the construction of the Ningbo bulk commodity resource allocation hub through the full chain of "storage, transportation, trade, industry, services, and data"

Recently, a batch of recycled copper from the UK arrived at Zhoushan Port in Ningbo, taking only 20 hours from unloading to production. Since the implementation of the first national pilot program for inspection and supervision of imported recycled metals in Ningbo in September 2025, customs clearance efficiency has significantly improved. Jintian Copper Industry imported over 300000 tons of recycled copper and copper alloy raw materials last year, driving Ningbo's total import of recycled metals to rank first in the country.
The achievement of this result cannot be separated from the construction of a commodity resource allocation hub vigorously promoted by Ningbo. Since the national approval of the construction plan in November 2024, Ningbo has focused on four major fields: oil and gas, metal minerals, new energy materials, and high-end cold chain proteins. It has comprehensively promoted the construction of "three bases and two centers" (storage and transportation bases, processing bases, maritime service bases, as well as trade centers and trading centers) around the six links of "storage, transportation, trade, industry, services, and data", and achieved significant results.
Ningbo adheres to institutional innovation as the core and continues to make breakthroughs in areas such as bulk commodity storage and transportation, trade, and supervision. In June 2025, Ningbo issued the country's first three-dimensional real estate certificate for an underground cavern oil storage project, effectively revitalizing an underground space equivalent to 1700 acres of surface storage land. This project was selected as a typical case of new underground space utilization by the Ministry of Natural Resources this year.
In addition, three reform achievements, including the new offshore trade regulatory model, have won the Provincial Major Reform Breakthrough Award; Six cases, including the "Port Production Direct Connection" of fine mixed ore, have been selected as institutional innovation achievements for the first anniversary of the construction of the provincial bulk hub. The cross-border e-commerce export LCL "inspection first, shipment later" model launched by Ningbo Customs has been promoted nationwide by the General Administration of Customs, reducing the clearance time of goods from 3 days to within 1 day.
Under the strong driving force of institutional innovation, Ningbo has built a full chain guarantee system of "storage, processing, and transportation" relying on its port advantages and industrial supporting facilities. In the field of oil and gas reserves, the largest 2 million cubic meter propane underground cavern in Asia has been built, with a reserve capacity of 20.98 million cubic meters of oil products; The grain storage capacity reaches 750000 tons; The annual throughput of iron ore reaches 129 million tons.
Meanwhile, leveraging the advantages of Ningbo Zhoushan Port as an international hub port, Ningbo continues to expand its collection and distribution network. By 2025, the sea rail intermodal transportation volume of Ningbo Zhoushan Port will exceed 2 million TEUs; The total number of air routes reaches 310, connecting over 700 ports in more than 200 countries and regions worldwide; The opening of the China Europe Arctic Container Express has become the fastest sea route from the Yangtze River Delta to Europe.
The solid industrial foundation of Ningbo provides strong support for hub construction, promoting the leap of bulk commodities from "primary circulation" to "deep processing". Zhenhai Refining and Chemical has built China's first fully independent intellectual property rights bio aviation coal industrialization device; The Meishan International Cold Chain Supply Chain Project gathers 80 upstream and downstream enterprises such as Shuanghui and Youhe, serving over 500 customers and covering 80% of the fresh food supply chain in East China.
Ningbo is actively cultivating new trade models and expanding growth space through innovative business formats. In 2025, Ningbo Saili Automotive Parts Co., Ltd. successfully launched the first imported gearbox bonded maintenance business in Zhejiang Province in the Ningbo Free Trade Zone. At that time, Ningbo Customs supervised a total of 141600 bonded maintenance items entering and leaving the zone, with a value of 43.05 million yuan.
All of this cannot be separated from Ningbo's deep practice of "providing the best service, lowest cost, and highest efficiency" in the business environment. The pilot program for high-level opening up of cross-border trade and investment, which was the first to land, has a business scale of over 100 billion US dollars, leading the country and injecting financial "vitality" into commodity trade. 66 Cloud Chain, Bulk Easy Operation and other digital platforms are flourishing, serving over 4700 global energy and chemical enterprises, effectively solving the financing difficulties of small and medium-sized enterprises.