The TEDA (it is in Tianjin) Bonded Logistics Center has been approved by the General Administration of Customs, the Ministry of Finance, the General Administration of Taxation, and the State Administration of Foreign Exchange.
Understandable that you should need all those permissions for by concept, a bonded logistics center is allowed to store bonded import and export goods, goods that haven’t gone through the customs clearance, and engage in simple distribution processing and value-added service, global procurement, international distribution, entrepot trade, and international relay.
The Bonded logistics center of TEDA is a new logistics entity apart from the special customs surveillance places such as the Tianjin Port Free Trade Zone (TPFTZ), Export Processing Zone (EPZ), bonded logistics park, bonded port and comprehensive bonded area. It will serve as an integral and dynamic part of Tianjin’s comprehensive bonded logistics system.
Tianjin is recognized to have the most diversified customs surveillance, most functional and most trade-friendly region in China.
Source: All Roads Lead to China
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