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GWL offers many warehousing options in China and the following information is to help explain some of the services available and the limitations of the warehouse types. With 15 locations in China ,and we offer comprehensive one-stop shop coverage of the main import and export regions .
Bonded Logistics Park
Bonded Logistics Parks (BLP) are the most contemporary version of the bonded warehouse in China, and with the unique ‘zone-port interaction’ they are working hand in hand with the local ports allowing services that were previously not possible within the older style import bonded and export supervised warehouses.
BLP'S Advantage
BLPs offer all the services and advantages available in the older bonded warehouses, but can offer in addition:
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VAT rebates are available immediately upon entry to the facility (unlike export supervised warehouses which require the goods to be assigned to a particular vessel or flight before rebate can be claimed)
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Duty and VAT is deferred for import cargo, and can be paid on a per piece level not per shipment once the cargo leaves the facility
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Import and export cargoes do not have to be physically separated
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No storage time limit
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Many value added services do not require prior customs approval
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Quality Control activities are available
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Some regional customs authorities allow month end customs declarations – thereby reducing cost associated with multiple individual declarations.
Bonded Warehousing
Bonded warehousing is a preferential policy for goods entering China with deferred payment for duty and tax and export goods from China with faster VAT rebates. The different bonded facilities available are:
Free Trade Zones (FTZ)
Free Trade Zones (FTZ as they are known) are exclusive regions in selective cities (15 only) that provide tax and foreign currency benefits to encourage FDI. Each FTZ runs independently of the others and the benefits available are specific to the FTZ – some encourage manufacturing, others are geared towards export or import. The locations of the 15 FTZ are;
General Warehousing
Our warehousing services include storage, loading, packaging, sorting, labeling and marking, temperature and moisture control, refrigerating and freezing, valuables security, dispatching, and other value added services to help customers implement diversification marketing strategy.
Our warehouses are equipped with warehouse management information system to control the inventory.
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