North China's Tianjin Municipality has completed construction of the country's largest center for imports and exports of automobiles and parts.
The Tianjin Port Bonded Zone International Auto City, costing 120 million yuan (US$14.5 million) and covering 55,000 sq. m. of land, has 30,000 sq. m. of international standard expo halls, 20,000 sq. m. of open expo area and 20,000 sq. m. of storage area.
Equipped with a satellite receiving system and Internet access, both sellers and buyers can conduct e-commerce, referring to the latest global information.
The Tianjin Port Bonded Zone, connecting northeast, northwest and north China, is one of China's oldest bonded zones and is also the largest transport center in northern China.
(Xinhua News Agency January 4, 2003)
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