Go Deeper into the Warehousing and Logistics Sector with the

           Wei Yangzhong, deputy director of Logistics Trade Bureau of Zhoushan Harbor Comprehensive Bonded Area Management Committee (Preparatory), indicated that Zhoushan is expected to become a harbor area with the largest oil product storage and transit throughput in the country during the “Twelfth Five-year Plan” period, to lay a good foundation for the bonded logistics operations in Zhoushan Harbor Comprehensive Bonded Area. According to the development function positioning of the New District of Zhoushan Islands of Zhejiang, the blueprint of “international logistics island” includes six major bases: an important iron ore transit trade base, coal transit processing and distribution, oil products transit trade and storage, grain transit processing and distribution, chemical products storage and processing, and container transit shipping. “No doubt, after the completion of the comprehensive bonded area, Zhoushan in the future will probably become the bulk strategic materials storage and shipping center, transaction center and distribution center as the largest in China and with influence in the world, by actively bringing into play the superiorities of large import flow of bulk commodities, superior geographic location and good harbor conditions of Zhoushan, learning the experience of Singapore and other countries and expanding the international trade and service function for bulk commodities.” Wei Yangzhong said. In his view, the comprehensive bonded area is a “place with preferential policies”.
           In addition to the “tax exemption, bonding and rebating” policies, there are also preferential policies for convenient custom declaration in logistics storage and import and export trade. “The most convenient to an exporter is that tax rebate can be obtained after we bring commodities of different types into the area in batches, then they will be shipped out for export according to instructions of customers, with custom declaration together, therefore the custom declaration and tax rebate formalities have been greatly simplified.”
           Wang Yuanwan, leader of Zall Energy said that he will invest USD 100 million to build a large non-ferrous metal warehousing and logistics enterprise orienting to the whole world in the bonded area. “In the bonded area, we can get to the international market at our own gate and also enjoy all preferential policies, quite beneficial to reducing the burden of enterprise and pushing the rapid growth of enterprise.” As the largest business of “Zall Energy”, it is known that the company has an annual trade volume of non-ferrous metal at 20,000~30,000 tons, at a value of over 1 billion yuan, accounting for about one third of the total trade volume of the Company. “If the operation is normal after entering the area, we can realize 60%~70% of the warehouse capacity in three years, with annual throughput of 600,000~700,000 tons.”