In 2011 March the State Council approved the "Zhejiang province Yiwu city comprehensive reform of international trade overall plan", put forward "support Yiwu when conditions are ripe to apply for the establishment of the characteristics of small commodity trading in accordance with the procedures for customs special supervision areas". The municipal government grasp this promote export-oriented economic development of Yiwu transformation and upgrading of the major opportunities, the preliminary plan through the "two steps" strategy, that is to apply for the establishment of the bonded logistics center (B type), when conditions are ripe for the establishment of a comprehensive free trade zone. In 2012 May, the our city to the Hangzhou customs submitted an application for the establishment of B insurance report. In July 5, 2013, Yiwu B insurance project address change, Hangzhou customs reported to the General Administration of customs approval.

Relevant data show that the bonded logistics center is a customs bonded supervision places, foreign goods entering the center, the customs will give free trade, exports of goods into the center will be treated as export tax rebate in advance. Enterprises can carry out bonded storage, bonded logistics center in the inner circulating simple processing, as well as the global procurement and international distribution, distribution, entrepot trade and other related business. B security was put into operation, will effectively meet these functions of bonded logistics services in general trade export enterprises in Yiwu market and the surrounding area import trade enterprises, export-oriented manufacturing industry needs, greatly saving the cost of logistics enterprises, significantly improve the capital turnover rate, reduce business operating costs.