Also known as bonded warehouse area, it is an economic area approved by the State Council and subject to special supervision by the customs. It is the economic zone with the greatest openness and freedom in China at present. Its function is defined as "bonded warehousing, export processing and entrepot trade". According to the current relevant policies, the customs implements closed management of the bonded area, and foreign goods enter the bonded area to implement bonded management; Goods entering the bonded area from other parts of China are deemed to have left the country; At the same time, foreign trade and economic cooperation, foreign exchange management and other departments also implement preferential policies relative to those outside the bonded area.

1990 in may, the first bonded zone in China was established in Shanghai Waigaoqiao. Later, in Tianjin Port, Dalian, Futian and Shatoujiao in Shenzhen, and Ningbo, Guangzhou, Zhangjiagang, Haikou, Xiangyu, Fuzhou, Qingdao, Shantou, Zhuhai and Yangpu in Hainan, the 15 Bonded Zone was built one after another.

Bonded Zone is a new economic zone approved by the State Council after China Special Economic Zone, Economic and Technological Development Zone and National High-tech Industrial Development Zone. As the bonded area operates in accordance with international practice and implements more flexible and preferential policies than other open areas, it has become the "bridgehead" for China to connect with the international market. Therefore, the bonded area has become the focus of close attention of domestic and foreign merchants at the beginning of development and construction.

Bonded area has the functions of import and export processing, international trade and bonded goods display. Enjoy the policy of "free license, tax exemption and bonded" and implement the operation mode of "domestic customs clearance". It is one of the economic regions with the highest degree of opening to the outside world, the most convenient operation mechanism and the most favorable policies in China.

1June, 990, with the approval of the central government, China No.1 Bonded Zone-Shanghai Waigaoqiao Bonded Zone was established in Shanghai. Since 1992, the State Council has successively approved the establishment of 14 bonded zone and economic development zones enjoying preferential policies for bonded zones, namely Tianjin Port, Dalian, Zhangjiagang, Shenzhen Shatoujiao, Shenzhen Futian, Fuzhou, Haikou, Xiamen Xiangyu, Guangzhou, Qingdao, Ningbo, Shantou, Shenzhen Yantian Port, Zhuhai Bonded Zone and Hainan Yangpu Economic Development Zone. At present, China's bonded area 15 isolation facilities have all passed the acceptance of the General Administration of Customs and put into operation.

From 65438 to 0992, after Comrade Deng Xiaoping's speech on the southern tour was delivered, the bonded areas were accelerated in substance, and the capital construction progressed rapidly, initially forming a soft and hard environment to attract foreign investment. Domestic and foreign businessmen are enthusiastic about investment, most of the land in the first phase of the bonded area has been leased or sold, and the second phase of the project has been further developed, which has also led to a gratifying situation of attracting foreign investment.

After years of exploration and practice, the bonded areas in China have gradually developed into an important part of the local economy according to their special functions and local actual conditions. At present, the functions formed by centralized development include bonded logistics and export processing.

With China's entry into WTO, the national bonded zone has gradually formed a regional pattern of the Pearl River Delta region dominated by Guangzhou and Shenzhen in the south, the Yangtze River Delta region dominated by Shanghai and Ningbo in the middle and the Bohai Bay region dominated by Tianjin, Dalian and Qingdao in the north. The bonded areas in the three regions have become important ports for China to communicate with the world, forming a unique logistics operation mode.