A livestreamer at work at the booth of Amazon during an expo in Shanghai. [CHEN BIN/FOR CHINA DAILY]
Amazon announced on Nov 5 that the first front-end bonded warehouse for its Global Store will be settled in Ningbo, Zhejiang province, in 2023, Ningbo Daily reported on Tuesday.
The Amazon Global Store chose to set up its first front-end bonded warehouse in Ningbo with the aim to better serve Chinese consumers' demand for imported products.
Its bonded warehouse in Ningbo will first be used for Amazon's UK and German sites, with further expansion to cover all four overseas sites in the US, the UK, Japan, and Germany.
It is reported that Chinese consumers will enjoy better services for purchasing overseas products because the launch of the bonded warehouse will shorten the logistic time by four to five days on average compared with direct delivery from overseas.
Amazon Global Store is expected to import more new overseas categories, such as pet food, through its Ningbo front-end bonded warehouse.
Amazon looks forward to working with Ningbo Cross-border E-commerce Pilot Zone to optimize the whole chain of buying products from overseas, said Li Yanchuan, head of Amazon China Global Store and Prime.
The settlement of the front-end bonded warehouse of Amazon in Ningbo will boost the cross-border export business of Ningbo, said Chen Lizhen, deputy director of Ningbo Commerce Bureau.
