Retail in Asia

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New custom-bonded park opens at Guangzhou airport

Manufacturers in China’s Pearl River Delta are expected to benefit from a new customs facility in Guangzhou, designed to speed up tax rebates and lower their costs.

China Southern Airlines and Guangzhou Airport last week opened a bonded logistics park at Guangzhou Baiyun International Airport in China’s effort to fast-track certain tax rebates and cut down on tax cheats.

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