{"id":9244,"date":"2019-07-21T17:37:42","date_gmt":"2019-07-21T09:37:42","guid":{"rendered":"https:\/\/www.zhenhub.com\/?p=9244"},"modified":"2022-10-07T18:25:09","modified_gmt":"2022-10-07T10:25:09","slug":"china-bonded-zones-cross-border-ecommerce","status":"publish","type":"post","link":"https:\/\/zhenhub.com\/blog\/china-bonded-zones-cross-border-ecommerce\/","title":{"rendered":"What is a Bonded Zone?"},"content":{"rendered":"<p><em>Reading time:\u00a0 2 min 15 sec<\/em><\/p>\n<h3><strong>What is a bonded zone?<\/strong><\/h3>\n<p>A bonded zone is an area within a country where there are special trade terms or policies. Generally arrangements for customs duties, import\/export duties will differ from normal import\/export procedures. For example, foreign goods can enter the region without paying duties and be kept bonded. The manufacturing and trade inside the zone can be exempt from value added and sales taxes.<\/p>\n<h3><strong>Where are bonded zones in China?\u00a0<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Since 1990, China has introduced six different special customs supervision areas, including free trade zones (FTZs), export processing zones (EPZs), bonded logistics parks (BLPs), bonded ports (BPs), and comprehensive bonded zones (CBZs).\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">FTZs are a specific bonded zone where goods can be imported, manufactured, and exported with lowered taxes and smoother customs processes.\u00a0 For instance, firms can make a collective declaration for imports and exports. This cuts clearance costs and increases declaration flexibility for firms.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, there are 11 FTZs in China. Each FTZ has an industry focus and corresponding incentives to attract foreign investment. First-generation FTZs (e.g. Shanghai &#8211; 2013) were concentrated near large trading ports to encourage a favorable business environment.\u00a0 Six of the seven recent FTZs have been located inland to boost the economy of China\u2019s interior.<\/span><\/p>\n<p><img decoding=\"async\" src=\"http:\/\/image.cns.com.cn\/ecns_editor\/transform\/20181121\/1TbV-fyzxiuk9404534.jpg\" alt=\"Image result for china bonded areas\" \/><\/p>\n<p>You can read more detail about China&#8217;s FTZ areas <a href=\"https:\/\/www.china-briefing.com\/news\/investing-in-chinas-free-trade-zones\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<h3><strong>What are the changes to policies for cross border ecommerce from bonded zones?<\/strong><\/h3>\n<p>Latest updates to cross border ecommerce policies in April, 2019:<\/p>\n<ul class=\"list-paddingleft-2\">\n<li>For ordinary cosmetics, comprehensive tax rate was lowered from 11.2% to 9.1% for ordinary cosmetics,<\/li>\n<li>For high end cosmetics, tax rate was lowered from\u00a025.53% to\u00a023.05%<\/li>\n<li>Postal tax rate dropped from 15% to 13% for food and medicine; and from 25% to 20% for textiles, leather garments,\u00a0and electrical appliances<\/li>\n<li>Cross border ecommerce platforms need to integrate with local customs checkpoints to push 3 pieces of order information:\n<ul>\n<li>1. Payment transaction<\/li>\n<li>2. Order information<\/li>\n<li>3. Shipping information and tracking number<\/li>\n<\/ul>\n<\/li>\n<li>Daigous (individuals buying goods overseas and bringing them into China) and companies are strictly prohibited from reselling products that were imported via the\u00a0cross-border channel.<\/li>\n<\/ul>\n<section>\n<section class=\"\">\n<section>\n<section><\/section>\n<\/section>\n<\/section>\n<\/section>\n<p>For detailed list of rate for each product category, click <a href=\"https:\/\/www.jd.hk\/service\/taxrate.html\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p>If you need assistance with Cross Border Ecommerce in China, you can reach out to our specialists &#8211; hello(a)zhenhub.com or submit an enquiry <a href=\"https:\/\/www.zhenhub.com\/our-story\/#contact-section\">here<\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reading time:\u00a0 2 min 15 sec What is a bonded zone? A bonded zone is an area within a country where there are special trade terms or policies. Generally arrangements for customs duties, import\/export duties will differ from normal import\/export procedures. For example, foreign goods can enter the region without &#8230; <a title=\"What is a Bonded Zone?\" class=\"read-more\" href=\"https:\/\/zhenhub.com\/blog\/china-bonded-zones-cross-border-ecommerce\/\" aria-label=\"Read more about What is a Bonded Zone?\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":9246,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","inline_featured_image":false,"_uag_custom_page_level_css":"","advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"categories":[11,19,4,13,12],"tags":[],"class_list":["post-9244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-chinese-ecommerce-strategy","category-ecommerce","category-general-logistics","category-startups"],"author_meta":{"display_name":"vince","author_link":"https:\/\/zhenhub.com\/blog\/author\/vince\/"},"featured_img":"https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1-300x177.png","featured_image_src":"https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1-600x400.png","featured_image_src_square":"https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1-600x600.png","author_info":{"display_name":"vince","author_link":"https:\/\/zhenhub.com\/blog\/author\/vince\/"},"uagb_featured_image_src":{"full":["https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1.png",2102,1237,false],"thumbnail":["https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1-150x150.png",150,150,true],"medium":["https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1-300x177.png",300,177,true],"medium_large":["https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1-768x452.png",768,452,true],"large":["https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1-1024x603.png",1024,603,true],"1536x1536":["https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1-1536x904.png",1536,904,true],"2048x2048":["https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1-2048x1205.png",2048,1205,true],"gb-block-post-grid-landscape":["https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1-600x400.png",600,400,true],"gb-block-post-grid-square":["https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1-600x600.png",600,600,true],"crp_thumbnail":["https:\/\/zhenhub.com\/wp-content\/uploads\/2019\/07\/v3-1.png",150,88,false]},"uagb_author_info":{"display_name":"vince","author_link":"https:\/\/zhenhub.com\/blog\/author\/vince\/"},"uagb_comment_info":0,"uagb_excerpt":"Reading time:\u00a0 2 min 15 sec What is a bonded zone? A bonded zone is an area within a country where there are special trade terms or policies. Generally arrangements for customs duties, import\/export duties will differ from normal import\/export procedures. For example, foreign goods can enter the region without ... Read more","coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/zhenhub.com\/category\/business\/\" class=\"advgb-post-tax-term\">Business<\/a>","<a href=\"https:\/\/zhenhub.com\/category\/chinese-ecommerce-strategy\/\" class=\"advgb-post-tax-term\">Chinese eCommerce Strategy<\/a>","<a href=\"https:\/\/zhenhub.com\/category\/ecommerce\/\" class=\"advgb-post-tax-term\">eCommerce<\/a>","<a href=\"https:\/\/zhenhub.com\/category\/general-logistics\/\" class=\"advgb-post-tax-term\">General Logistics<\/a>","<a href=\"https:\/\/zhenhub.com\/category\/startups\/\" class=\"advgb-post-tax-term\">Startups<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">Business<\/span>","<span class=\"advgb-post-tax-term\">Chinese eCommerce Strategy<\/span>","<span class=\"advgb-post-tax-term\">eCommerce<\/span>","<span class=\"advgb-post-tax-term\">General Logistics<\/span>","<span class=\"advgb-post-tax-term\">Startups<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 7 years ago","modified":"Updated 3 years ago"},"absolute_dates":{"created":"Posted on July 21, 2019","modified":"Updated on October 7, 2022"},"absolute_dates_time":{"created":"Posted on July 21, 2019 5:37 pm","modified":"Updated on October 7, 2022 6:25 pm"},"featured_img_caption":"","series_order":"","_links":{"self":[{"href":"https:\/\/zhenhub.com\/wp-json\/wp\/v2\/posts\/9244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zhenhub.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zhenhub.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zhenhub.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/zhenhub.com\/wp-json\/wp\/v2\/comments?post=9244"}],"version-history":[{"count":1,"href":"https:\/\/zhenhub.com\/wp-json\/wp\/v2\/posts\/9244\/revisions"}],"predecessor-version":[{"id":13528,"href":"https:\/\/zhenhub.com\/wp-json\/wp\/v2\/posts\/9244\/revisions\/13528"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zhenhub.com\/wp-json\/wp\/v2\/media\/9246"}],"wp:attachment":[{"href":"https:\/\/zhenhub.com\/wp-json\/wp\/v2\/media?parent=9244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zhenhub.com\/wp-json\/wp\/v2\/categories?post=9244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zhenhub.com\/wp-json\/wp\/v2\/tags?post=9244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}