Qingdao Export Processing Zone Haiwei Liquor Trading Market has start business operation recently and has been undertaking customs clearance for the first container. This indicates that Qingdao Export Processing Zone will become an important international liquor trading center in north China.

    Haiwei Liquor Trading Market, with a bonded warehouse of 3000 square kilometers in the first phase, adopts membership system, combines the traditional import mode with bonded warehousing, bonded processing, bonded producing, and bonded trade, and implements unified customs clearance, unified quarantine & inspection, and unified business management. While taking business activities such as bonded warehousing, bonded processing and bonded trade, its member companies can also enjoy preferential policies such as delivering wines out of the zone in batches, having customs declaration in all, fast inspection and financial subsidies, which reduce the operation costs for liquor producers, importers, and agents.

    It is said that the liquor import in China has been boosting in the last few years with annual trading amount of RMB8000 billion and 30% of increasing annually. However, nowadays there are wine brands with the number of no less than 0.1 million; there are many but disordered import approaches; plus, consumers know little about the quality and price of wines which are imported. All these result in that the domestic imported liquor market is in disorder and the price is veiling, for example, the market price for a bottle of wine which is imported with price of 5 euro will go up to about RMB300. Haiwei Liquor Trading Market is dedicated to doing efforts for the market price not deviating from the import price too much and for consumers to buy liquor products with fine quality and low price through legitimate importing approach. It is estimated that the first annual trading amount will reach to RMB10 billion, and more than RMB50 billion 3 years later.

   The establishment of Haiwei Liquor Trading Market is out of that Qingdao Export Processing Zone meets the demands of development. It is a symbol that Qingdao Export Processing Zone has changed into introducing projects with producing, research & development, detecting & repairing, bonded logistics, from introducing productive projects only. It is quite meaningful for changing the constitution of capital and business condition in the export processing zone and for enhancing and improve functions of the export processing zone.

Journalist   Liu Kunfeng