2009-01-04
Major functions of China’s bonded zones are processing, entrepot trade, storage and display. Goods imported for export processing, entrepot trade, storage and display all enjoy tariff-free treatment in the zone. To support the development of tariff-free zone, such zones also enjoy the following tariff-free policies: production, management equipment and self-use office equipment and a rational number of maintenance parts in the zone, fuel for production, materialsa and equipment for the construction of factory buildings and warehouse facilities will be free from duty. Foreign enterprises located in non-bonded zones may have more extensive business scope, like setting up business shops and franchised operation. In bonded zones designated by the customs, though goods for export processing are also tariff-free, production, management equipment and self-use office equipment and a rational number of maintenance parts in the zone, fuel for production, materialsa and equipment for the construction of factory buildings and warehouse facilities, except the country stipulates otherwise, do not enjoy tariff-free treatment the way foreign enterprises in the bonded zone do. For detailed information, please consult Shanghai commerce department or Pudong, Waigaoqiao bonded zones.