Shanghai Releases New Policies to Upgrade Special Customs Supervision Zones
Shanghai has released 17 new policies to upgrade special customs supervision zones, focusing on supporting cross-border e-commerce companies in establishing international distribution centers. The new policies allow for the same warehouse management of returned goods and bonded goods, greatly enhancing logistics and return processing efficiency for cross-border e-commerce.
What are the key facts?
- 1Encourages cross-border e-commerce to establish international distribution centers
- 2Supports same-warehouse storage for returned and bonded goods
- 3Promotes facilitation of cross-border e-commerce export returns
What happened?
Shanghai has issued a new round of policy measures aimed at upgrading special customs supervision zones. The policies explicitly encourage cross-border e-commerce companies to establish settlement headquarters and distribution centers within the zone and allow cross-border e-commerce export returned goods to be stored, sorted, and re-exported within the zone, optimizing the supply chain processes for cross-border e-commerce.
What does this mean for cross-border sellers?
Sellers with export operations can leverage the policy benefits of Shanghai's special supervision zones to significantly reduce return processing costs and enhance flexibility in global logistics delivery.