Market-purchase-trade ‘Logistics Chains’ Launched between Yiwu and Zhengzhou
At 5:10 pm on October 26, a batch of products totaling 1,574 kg from Yiwu city, the famous commodity distribution hub in China’s Zhejiang province, were exported to Belgium in Europe under the supervision of Zhengzhou Airport Customs affiliated to Zhengzhou Customs. Different from the products exported through general trade in the past, it was the first time for Zhengzhou Customs to release the products exported through market purchase trade.
Customs officers inspect a batch of commodities. [Photo provided to dahe.cn]
Market purchase trade is a kind of trade mode allowing qualified purchasers to purchase products with a single customs declaration of less than $150,000 (including $150,000) in market clusters recognized by national commercial authorities, and go through customs formalities for export products at the same place. Targeted to the foreign trade (multi-variety, multi-batch and small quantity) in professional markets, market purchase trade is characterized by fast customs clearance, convenience, VAT exemption, etc.
As an aviation logistics hub in China, Henan’s capital city Zhengzhou, with its complete aviation network and convenient railways and highways, is able to provide such domestic and international logistics services as direct air freight, transit and distribution, as well as the fast and efficient combined transport services like rail-air or road-air intermodalities, which conforms to the export demands of the products in Yiwu.
“Now, the market-purchase-trade products from Yiwu can be transported to Zhengzhou Airport for swift customs clearance and shipping, only taking one day and a half, which has greatly accelerated the entry of Yiwu’s products into the international market and enhanced the competitiveness of enterprises in the market,” said a source of EHL International Logistics Services Co., Ltd.
“现在我们从义乌发运的市场采购贸易的小商品，可以选择运输到郑州机场后快速完成通关验放、装运等操作，全程仅需一天半，极大加快了义乌小商品走向国际市场的速度，也提高了企业在市场上的竞争力。”中大门国际物流服务有限公司负责人告诉大河网记者。（中文来源/大河网 记者/贺志泉 翻译/赵汉青 审校/张玉红）