Shanghai Waigaoqiao's New Bonded Logistics Zone: Keeping up with a Changing Trade Environment

A recent legislation has been passed to enhance the attractiveness of Shanghai Waigaoqiao's new bonded logistics zone.

2 minute readSeptember 02, 2004 at 12:58 AM

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By Danian Zhang, Baker & McKenzie

To foreign investors, the Waigaoqiao Bonded Zone (the WBZ) in Pudong, Shanghai, is perhaps the best known of the 15 bonded zones in China. Bonded zones were first established in China in the 1990s at a period when the country was heavily geared towards the export market.

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