Beijing Zhongmao Tong achieved 20% year-over-year business growth in Q1 2024, driven by expanding trade volumes under RCEP and new digital service capabilities. This performance reflects the company strong market position in the competitive Beijing foreign trade service sector.
Growth Drivers
Key factors include increased RCEP-related agency business from Asia-Pacific trade growth, adoption of digital customs declaration reducing average clearance time from 3 to 1.5 days, and expanded overseas agent network coverage. Machinery and electronics exports showed particularly strong performance with 35% growth.
Service Upgrades
The quarter saw deployment of 24/7 online consultation, AI-powered document review systems, and enhanced risk management protocols, all contributing to improved client satisfaction and operational efficiency.