In December 2007, the State Council officially approved the establishment of Guangzhou Bonded Logistics Park. The park is located in Guangzhou Bonded Area and linked to Huangpu New Port, with an area of 0.507 square kilometers.
The park began operations in December 2008, working with businesses from more than ten provinces in China and helping over 2,000 companies save over 50 percent on logistics costs.
By the end of 2014, the park had become home to over 117 logistics companies. The total value of goods being transported to or from the park had reached 57.6 billion by 2014.
Guangzhou Bonded Logistics Park. [Photo/gdd.gov.cn]