Bonded logistics park

A bonded logistics park is a type of special economic zone.

Trade arrangements are similar to that of a bonded warehouse but over a specific geographic area.

[1] Goods may be stored, manipulated, or undergo manufacturing operations without payment of duty.

China’s bonded logistic parks have similar rules to free-trade zones (another specific type of special economic zone) except for export VAT refund.

Export VAT refund is eligible for a Chinese company once their goods enter the park.