Host: Chongqing Foreign Trade and Economic Relations CommerceUndertaker: Chongqing Investment Promotion Association
Lianglu Cuntan Bonded Port Area
Time:2019-11-25pageviews:

Port Area Overview

Chongqing Lianglu Cuntan Bonded Port Area, referred to as "Chongqing Bonded Port Area", is an important part of Chongqing Liangjiang New Area.

On November 12, 2008, Chongqing Lianglu Cuntan Bonded Port Area was established with the approval of State Council Letter No. 100 [2008]. The Chongqing Bonded Port Area Management Committee and the company were officially listed on December 18, 2008. Chongqing Bonded Port Area is the first Bonded Port Area in China's inland, and the only Bonded Port Area with "Waterport + Airport" in China.

The planned area of the port area is 8.37 square kilometers, which is divided into two parts: the Waterport functional area and the airport functional area. According to the general idea of "overall planning, step-by-step implementation and rolling development", the first phase of the project (covering an area of 2.67 square kilometers) passed the national acceptance test on May 11, 2010 and was closed on August 23, 2010. The second phase of the project (covering an area of 5.94 square kilometers) will be accepted by the state at the end of May 2011.

Relying on the unique advantages of "one zone and two functions", Chongqing Bonded Port Area will become an important bonded production and processing base and foreign trade product in the upper reaches of the Yangtze River, the western region and the inland region through policy innovation and function expansion, gathering international and domestic talent flow, logistics, capital flow and information flow. Flow Hub Center, International Characteristic Commodity Exhibition and Trade Center, and Import and Export Goods Collection and Distribution Port.

location advantage

Located at the junction of the Yangtze River and Jialing River, Chongqing is a major industrial and commercial town in southwestern China and the only municipality directly under the Central Government in Western China.

Chongqing Lianglu Cuntan Bonded Port Area is composed of two roads of Jiangbei Airport and Cuntan Port and its surrounding areas. It is an extension of the functions of Jiangbei Airport and Cuntan Port, an important part of Chongqing's logistics industry development strategy, and an important support for the industrial development of Chongqing and its surrounding areas.

Chongqing Lianglu Cuntan Bonded Port Area is a bonded port area in the whole country, which is 6 kilometers away from Chaotianmen, less than 9 kilometers away from Jiefangbei and about 4 kilometers away from Jiangbei City. Located in the hinterland of Liangjiang New Area, we will focus on the development of advanced manufacturing industry and modern logistics industry according to the plan. According to the expert evaluation, taking the Cuntan Bonded Port Area of Chongqing Lianglu as the center, 500 kilometers as the radius, drawing a circle, which can cover six provinces and more than 20 medium-sized and important cities besides Chongqing, forms a service area of 80-1 million square kilometers, with a population of more than 250 million and huge market potential.

Customs clearance advantage.

After the closure and operation of Chongqing Bonded Port Area on May 11, 2010, customs, inspection and quarantine, maritime, port and shipping, foreign management, industry and commerce, state tax and other government departments centralized in the port area to provide efficient and convenient one-stop service for enterprises. To achieve "5 + 2" and 24 hours of all-weather customs clearance, implement the "one declaration, one inspection, one release" and "batch out areas, centralized Customs clearance" mode of rapid customs clearance.

Foreign exchange policy.

    1. Transactions under trade in goods between enterprises in bonded port area and domestic and foreign areas may be settled in RMB or foreign currency. The types of currency used for valuation and settlement of subsidiary expenses under trade in goods shall be handled in accordance with commercial practices.

2. Where an enterprise in the bonded port area is unable to provide relevant documents and commercial documents when paying a foreign exchange, it may provide them to the remittance bank within 90 days after the remittance is paid, and the remittance bank shall go through the formalities of checking, announcing, closing and signing the case in accordance with the relevant provisions.

3. Enterprises in the bonded port area import directly from abroad, or purchase goods from overseas enterprises within or outside the bonded port area, provide valid certificates and commercial documents to banks in accordance with relevant regulations, and pay overseas from foreign exchange accounts or foreign exchange purchases.

4. When a foreign direct investment enterprise in a bonded port area is liquidated, its foreign liquidation income may be used for reinvestment or remittance abroad after approval.

Customs policy.

    1. Goods entering bonded ports abroad shall be bonded. Except as otherwise provided by laws and administrative regulations.

2. No VAT or consumption tax shall be levied on the goods transactions of enterprises in the bonded port area; the goods directly exported by enterprises in the bonded port area shall be exempted from VAT and consumption tax. Water, electricity and gas (steam) consumed by enterprises in the bonded port area for the production of export goods shall be allowed to be refunded to VAT at the export rebate rate applicable to water, electricity and gas (steam) as stipulated in the current policy.

3. The entry of domestic goods into the bonded port area shall be regarded as export, and the export rebate rate shall be applied to the export goods as stipulated in the current policy.

4. For the listed raw materials purchased by the enterprises in the bonded port area for the production of export products at home and the export tax rebate has been cancelled, the enterprises outside the bonded port area may handle the export tax rebate at the statutory tax rate of VAT on the basis of the relevant documents such as the customs declaration forms for export goods issued by the customs. If the export rebate rate of listed raw materials has been adjusted, the enterprises in the bonded port area purchasing, processing and exporting at home shall be uniformly executed according to the adjusted rebate rate.

5. Goods exported from bonded ports and sold in China shall go through customs declaration formalities in accordance with the relevant provisions on the import of goods, and shall be taxed according to the actual state of the goods.

6. Except as otherwise provided by laws and administrative regulations, the following goods entering the bonded port area from abroad shall be exempted from customs duties and import link taxes, including in particular the machinery, equipment aand infrastructure materials required for the construction of productive infrastructure projects in the bonded port area, as well as for the construction of production plants and warehousing facilities, and the production of enterprises in the bonded port area. The necessary machines, equipment, moulds and spare parts for their maintenance, as well as reasonable quantities of office supplies for the enterprises and administrative organs in the bonded port area for their own use, etc.

The import and export quotas and licenses shall not be administered for goods entering and leaving the bonded port area and abroad, except as otherwise provided by laws, administrative regulations and rules.

     8. With the approval of the Customs, the enterprises in the bonded port area can go through the formalities of centralized declaration, merge the declaration list data within a natural month, fill in the declaration forms for import and export goods, and go through the formalities of centralized declaration to the Customs before the end of the next month.

 9. No tax shall be levied on the import and export of goods in transit between the bonded port area and other special customs regulatory areas or bonded regulatory sites.

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