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The Bonded Logistic Center of Lishe Airport promoting Ningbo's airport economy

November 29, 2012 marked the third anniversary of the operation of the Bonded Logistic Center of Ningbo Lishe Airport. Statistics from Ningbo Customs show that over the past three years, with the total volume of products via the center reaching US$1.006 billion, 11523 declarations accepted and the total tax (including the customs tax, the consumption tax and the value added tax) reaching 347 million yuan, the center has ranked high among all the bonded logistic centers that were put into operation in the same period. So far, the Lishe Bonded Logistic Center has formed its main body of business with such pillar industries as international freight forwarding, exports and distribution projects and international trade.

Back to the early days of the opening of the center, its major business focused on "imports after exports". "In the past, this kind of business had to be transit via Hong Kong. Now, we can do it here and it saves us a lot of cost on logistics." said Fang Yaqin, Assistant to the General Manager of Ningbo QCD International Logistics Co. Ltd.

 

The later transit business also benefited the company. "If we wanted to sell the goods that we had bought from A country to C country, we had to make the clearance during parking at the harbor and pay the customs tax. But now, we can directly declare through the Customs, which can also save us a lot of logistic cost."

In fact, besides the domestic freight companies like QCD, overseas clients can also benefit. For example, by integrating the international logistic supply chain, the Australia-owned Ningbo Te'ang Warehousing Co. Ltd., established in April last year, greatly reduced its logistic cost and improved its efficiency. At present, the purchase center of the company has been established at the logistic center. Its domestic suppliers can deliver the goods directly to the purchase center in accordance with the orders and then the center can store, distribute or combine goods to deliver and distribute directly to the deals in Australia according to their demands.

It is understood now that the Bonded Logistic Center is an important logistic node to link Ningbo Port and Ningbo Airport and an excellent extension of Ningbo's port economy. The past three years have witnessed the important role of the center in promoting Ningbo's airport economy, extending the port and developing modern logistics industry.

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