THE Chongqing export processing zone has received central government approval to be one of seven export processing zones to launch pilot projects aimed at establishing themselves as bonded logistics centres.

Chongqing becomes the first of its kind to expand its range of functions in the southwest China region, Xinhua reports, which it says gives the Yangtze River City an edge over competitors.

In addition to providing bonded logistics services, the seven export processing zones have also been granted official approval to operate technological development and maintenance services, Xinhua added.