The air cargo company of Yiwu International Land Port Group is established on Yiwu on June 25. [Photo/Zhejiang Daily]

The Yiwu Air Cargo Company was established in Yiwu on June 25.

Yiwu Air Cargo Company is a wholly-owned subsidiary of Yiwu International Land Port Group. The company aims to establish an aviation logistics industrial park, bringing together air cargo carriers, air cargo service providers, and cross-border e-commerce enterprises.

The goal is to create a comprehensive logistics service system that integrates warehousing, logistics, customs clearance, trunk transportation, and distribution.

Local transportation authorities have said the establishment of Yiwu Air Cargo Company will further address shortcomings in the development of local cross-border air cargo transportation and provide impetus for the high-quality development of Yiwu's import and export trade.

Next, Yiwu Air Cargo Company will work towards the normalization of the "Yiwu-Manila" cargo route and plan for international cargo routes connecting Yiwu with countries and regions participating in the Regional Comprehensive Economic Partnership.