Largest China-Russia Land Port Reinvents Itself as Industrial Hub
An aerial drone photo shows trains for China-Europe freight service at Manzhouli Railway Port in north China's Inner Mongolia Autonomous Region
An aerial drone photo shows containers being loaded at Manzhouli Railway Port in north China's Inner Mongolia Autonomous Region
HOHHOT, CHINA - Media OutReach Newswire - 21 May 2025 - As China's largest land port, Manzhouli is expanding beyond its traditional role as a "transit station." By promoting local processing of grain, oil and timber, the city is steadily evolving into a regional industrial hub.At Manzhouli Xinfeng Grain and Oil Industry Co., Ltd., freshly imported rapeseed from Russia is processed on intelligent production lines. From dehulling to pressing, the procedures run smoothly, as golden rapeseed oil gently streams into storage tanks."As soon as the raw materials clear customs, we go straight into production, operating around the clock," said Yang Zhihong, deputy general manager of the company. He noted that Russian rapeseed oil, prized for its low acid value and high smoke point, is particularly popular among domestic downstream enterprises.This "Russian supply, Chinese processing" model is fueling a growing shift among local businesses, pushing them beyond mere trade toward more advanced, value-added processing.Yang crunched the numbers. "By importing raw materials through 'border trade', a special policy that allows residents in border areas to conduct small-scale cross-border trade under simplified customs procedures, we save an average of 500 yuan (about 69.5 U.S. dollars) per tonne. Since last year, that's added up to savings of over 8 million yuan," he explained.This model cuts traditional trade taxes and fees from around 18 percent to less than 4 percent of total costs. It enables enterprises to source raw materials at lower prices, while border residents earn income from the price difference, creating a win-win supply chain involving border residents, cooperatives and enterprises.As of April 2025, "border trade" in Manzhouli has surpassed 100 million yuan this year, with more than 3,600 border residents taking part, generating nearly 2 million yuan in tax revenue to the city.The roaring development of Manzhouli's timber processing industry goes hand in hand with the grain and oil sector. Since establishing an imported timber processing base in 2003, Manzhouli has continuously focused on deep and fine processing, showcasing the strong potential of its timber manufacturing industry.Located in the Inner Mongolia Manzhouli border economic cooperation zone, the import-export resource processing industrial park processes up to 5.6 million cubic meters of timber annually. It has developed a diverse product lineup, including solid wood furniture, doors and windows, wood pellets, and solid wood flooring.In 2023, the city's timber import reached 1.88 million cubic meters, demonstrating the strong momentum of the industry's growth.Meanwhile, Manzhouli has planned the development of a 2.74-square-kilometer chemical industry cluster within the import-export resource processing industrial park. This cluster will primarily rely on the import of large quantities of liquefied petroleum gas, methanol, and alkanes from Russia to drive integrated new energy chemical utilization and related projects.The cluster will provide high-end, premium chemical intermediates for domestic advanced polymer materials and engineering plastics, injecting new momentum into the city's economic development.Bai Zhiping, an official from the Manzhouli municipal commerce bureau, said that Manzhouli's transformation from a "transit station" to an "industrial hub" reflects the development of the port-based processing model.An increasing number of enterprises are moving beyond the traditional "transit economy" and are leveraging the advantages of the border to create a new industrial ecosystem focused on deep processing.In the first quarter of this year, Manzhouli's import and export freight volume reached 6.53 million tonnes, a year-on-year increase of 10.6 percent. The value of imports and exports handled by the Manzhouli port reached 47.67 billion yuan, up 6.1 percent year on year.Hashtag: #Manzhouli
The issuer is solely responsible for the content of this announcement.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
an hour ago
- The Star
Vietnam's top leader plans US trip as tariff deadline looms
HANOI: Vietnam's Communist Party chief To Lam (pic) is preparing to travel to the US in coming weeks as the two sides look to clinch a trade deal before President Donald Trump's higher tariffs kick in, according to people familiar with the matter. Lam aims to meet Trump to help finalise an agreement, the people said, asking not to be identified as the trip isn't finalised yet. It's unclear what date the party chief will travel, although preparations are being made for him to be there in the next few weeks, they said. He is expected to lead a delegation of Vietnamese officials and business executives, they said, as the nation looks to seal more deals to buy additional American goods to reduce its trade surplus with the US. Pham Thu Hang, a spokesperson for Vietnam's Ministry of Foreign Affairs, said she hadn't received any information about the visit when asked about it at a regular press briefing Thursday (June 19). The White House declined to comment. Negotiators are close to a framework agreement under which Vietnam is pushing for tariffs in the range of 20% to 25%, Bloomberg News previously reported. The US is demanding stricter enforcement against the transshipment of Chinese products and the removal of non-tariff barriers. The two sides held more talks in a virtual meeting on Thursday, attended by US Commerce Secretary Howard Lutnick and US Trade Representative Jamieson Greer, Vietnam's trade ministry said in a statement. Trade Minister Nguyen Hong Dien told the officials Vietnam seeks "to develop practical and harmonious' rules with the US to deter fraudulent exports. He also welcomed the proposals from Lutnick and Greer "to advance the negotiation process,' according to the statement. Vietnam has engaged in weeks of intense trade diplomacy since Trump imposed a so-called reciprocal tariff rate of 46% on imports from the country. He then postponed the duties until July 9, temporarily setting a 10% import tax on trading partners to allow time for talks. In recent weeks, top officials from Vietnam have gone to the US to rally support. The agriculture minister secured US$3 billion worth of provisional deals during a tour of US states. The trade minister met with executives from Nike Inc, Gap Inc, and Walmart Inc to encourage key industry players to get behind negotiation efforts. Vietnam is a critical industrial base for these companies, which count on the nation's factories to manufacture goods ranging from T-shirts and jeans to basketball shoes. Brands raced to move manufacturing to Vietnam over the past decade as US-China tensions escalated, helping turn the country into one of the world's biggest production hubs. The nation's trade connections with China, its largest bilateral trade partner, have been a major sticking point in negotiations. During Trump's economic battle with Beijing in his first term, the manufacturing shift to Vietnam helped build the kind of massive trade surplus that has drawn the ire of the US president. - Bloomberg
Malay Mail
2 hours ago
- Malay Mail
Malaysia to extend anti-dumping duties on Chinese, Japanese steel imports through 2030; ends measures on S. Korea, Vietnam
KUALA LUMPUR, June 21 — The government has completed the administrative (sunset) review and made an affirmative final determination to continue imposing anti-dumping duties on imports of cold rolled coils (CRC) of iron or non-alloy steel (over 1,300mm wide) from China and Japan, excluding those used for automotive and transformer finwall applications, or tin mill black plate. The Ministry of Investment, Trade and Industry (MITI) said the rate of anti-dumping duties for the Chinese companies are; Angang Steel Company Limited at 4.82 per cent, Maanshan Iron and Steel Co., Ltd (4.76 per cent), Shougang Jingtang United Iron & Steel Co., Ltd (8.74 per cent), and other producers and exporters (26.38 per cent). 'The rate of AD duties for Japanese producers and exporters will be imposed at 26.39 per cent. 'The Royal Malaysian Customs Department will enforce the collection of the anti-dumping duties on the imports of the subject merchandise for a period of five years, effective from June 23, 2025 to June 22, 2030,' it said in a statement today. MITI also noted that the government has made a negative final determination to terminate the imposition of anti-dumping duties and the investigations on the imports of the subject merchandise originating or exported from South Korea and Vietnam, effective from June 23, 2025. 'Interested parties such as local producers, importers, foreign producers and exporters and associations related to the administrative (sunset) review can have access to the non-confidential version of the final determination report by submitting a written request to MITI director of trade practices section,' it said. — Bernama
Malay Mail
4 hours ago
- Malay Mail
US may target Samsung, Hynix, TSMC operations in China, sources say
WASHINGTON, June 21 — The US Department of Commerce is considering revoking authorisations granted in recent years to global chipmakers Samsung, SK Hynix and TSMC, making it more difficult for them to receive US goods and technology at their plants in China, according to people familiar with the matter. The chances of the United States withdrawing the authorisations are unclear. But with such a move, it would be harder for foreign chipmakers to operate in China, where they produce semiconductors used in a wide range of industries. A White House official said the United States was 'just laying the groundwork' in case the truce reached between the two countries fell apart. But the official expressed confidence that the trade agreement would go forward and that rare earths would flow from China, as agreed. 'There is currently no intention of deploying this tactic,' the official said. 'It's another tool we want in our toolbox in case either this agreement falls through or any other catalyst throws a wrench in bilateral relations.' Shares of US chip equipment makers that supply plants in China fell when the Wall Street Journal first reported the news earlier yesterday. KLA Corp dropped 2.4 per cent, Lam Research fell 1.9 per cent and Applied Materials sank 2 per cent. Shares of Micron, a major competitor to Samsung and SK Hynix in the memory chip sector, rose 1.5 per cent. A TSMC spokesman declined comment. Samsung and Hynix did not immediately respond to requests for comment. Lam Research, KLA and Applied Materials did not immediately respond, either. In October 2022, after the United States placed sweeping restrictions on US chipmaking equipment to China, it gave foreign manufacturers like Samsung and Hynix letters authorising them to receive goods. In 2023 and 2024, the companies received what is known as Validated End User status in order to continue the trade. A company with VEU status is able to receive designated goods from a US company without the supplier obtaining multiple export licenses to ship to them. VEU status enables entities to receive US-controlled products and technologies 'more easily, quickly and reliably,' as the Commerce Department website puts it. The VEU authorisations come with conditions, a person familiar with the matter said, including prohibitions on certain equipment and reporting requirements. 'Chipmakers will still be able to operate in China,' a Commerce Department spokesperson said in a statement when asked about the possible revocations. 'The new enforcement mechanisms on chips mirror licensing requirements that apply to other semiconductor companies that export to China and ensure the United States has an equal and reciprocal process.' Industry sources said that if it became more difficult for US semiconductor equipment companies to ship to foreign multinationals, it would only help domestic Chinese competitors. 'It's a gift,' one said. — Reuters
