Public Bonded Warehouse

        The Public Bonded Warehouse of Quanzhou Medicine & Food Logistics Co., Ltd is a standard Customs Public Bonded Warehouse which is authorized by Changsha Customs. Its inventory lies in the Environment Protection & Science Hi-tech Park of Changsha which is the communication hub of Changsha , Zhuzhou and Xiangtan three cities. It nears the Beijing-Zhuhai Highway , Huanghua International Airport and Xia'ning port. The inventory area covers 2500 square meters with 5.2 meters high of the inventory( the height of the building is 6.4 meters), adopting corundum floor with high abrasion resistance.
        The Bonded Warehouse of Quanzhou Medicine & Food Logistics Co., Ltd, supervised and managed by Changsha Customs together with Quanzhou Medicine & Food Logistics Co., Ltd, can offer professional bonded commodities storage service. It has the function of being the supply basement for import and export commodities and the international commodities logistics center in addition of applying one-stop service such as agent of customs clearance, tax free, bonded warehouse, agent of import and export business, international transportation and domestic transportation, etc. Furthermore, it can provide suggestions to share state bonded policies, reduce float capital and cargos discharge fees and cut down international trade cost for out-oriented enterprises; Also it can help enterprises to store raw materials or components for reprocessing so that the enterprises can pick-up assembling imported parts at any moment according to the reprocessing requirement to reduce the time of import raw materials purchasing.
        The company can purchase commodities in substantial quantities to store in the Bonded Warehouse and to re-export or to put into market at any moment when the international market supply stays in good state so that the company could obtain bigger autonomous right of itself for foreign trade. Quanzhou Medicine & Food Logistics Co., Ltd has abundant experience of Bonded Warehouse Management and Logistics Services with high logistics service conception as well as modern facilities, gaining high credit standing and support of customers as well as relevant departments of government. The Bonded Warehouse of Quanzhou Medicine & Food Logistics Co., Ltd, planed to be a platform for Hunan and the five provinces in South Central connecting to the convention of international economy operation, is a carrier to promote in and out oriented economy development and also is a bridge connecting domestic and foreign markets.

What is the Bonded Warehouse?
        Bonded Warehouse, a special warehouse which is used only for the storage of bonded goods authorized by customs, is the most common pattern applied in Bonded System. There are three types of goods which are permitted to store in the bonded warehouse: one is the imported raw materials and components for reprocessing trade (imported material reprocess) which used to re-export after the reprocessing; another is the imported commodities which are permitted by Foreign Economic Trade Administration to expand foreign commodities consigning for sale on commission business, foreign products amendment business, foreign exchange tax free commodities business and bonded producing material market; and the third type is the transit shipment commodities and foreign stored commodities and the fuel, wadding and components for international vessels.         
        Bonded Warehouse is divided into Private Bonded Warehouse and Public Bonded Warehouse two types. The Bonded Warehouse is set up according to public requirement, and every body can use it to store commodities. The Private Bonded Warehouse points to that only the operator of the warehouse has the right to store commodities. However, the commodities stored in the Bonded Warehouse are not limited to the operator's.