The construction of Hangzhou Cross-border New Retail Comprehensive Industrial Park has started at Hangzhou Free Trade Zone in Qiantang New Area, Hangzhou.

Covering an area of 20.8 acres, the total investment of the project reaches 840 million, as a joint venture that Global Logistic Properties co-financed with Heda Logistics.  

The project is expected to be completed by April in 2022.

It comes to be a comprehensive industrial park integrating customs supervision, e-commerce platforms, customs inspection and tax exchange service, financial business service, and new retail.

After the completion of the project, it will become an effective bridge between millions of consumers and SMEs around the world.