Supported by this trade facilitation tool, two high-end artworks from the United States are exhibited at the Yangyun Anman Hotel

Release time:Apr 15, 2024 20:39 PM

In the contemporary art group exhibition held until the end of August this year at the Yangyun Anman Hotel in Minhang District, there are two unique artworks worth $85000 from the United States. Thanks to the bonded display and trading model of Hongqiao Pinhui, these two high-end art exhibits were successfully presented to the audience in a bonded manner. This is the first time that Hongqiao Pinhui has made an attempt in the bonded display of daily artworks after leading the way to the exhibition of artworks at the CIIE.

Art exhibitions usually have a short exhibition period, but the value of the goods is high. If these artworks are imported through traditional customs, tariffs and import taxes are high and must be paid in advance. The curator also has to bear higher costs. Bonded exhibition transactions have the advantages of flexible display methods, low operating costs, and low risks. As the main platform for undertaking the spillover effects of the China International Import Expo, Hongqiao Pinhui has provided bonded display and trading services for high-value exhibits such as imported gemstones. This time, it has also provided fast and convenient services for the art exhibits of Yangyun Anman.

It is understood that artworks from overseas successfully passed the on-site customs supervision site acceptance in June this year, and gradually entered the bonded area. While providing customers with convenient guarantee services, Hongqiao Pinhui coordinated with Anman Hotel to quickly complete a series of operations such as vehicle arrangement, goods outbound, loading, business declaration, deposit collection, and release, achieving the smooth display of the first batch of artworks in the bonded area before the opening ceremony of the art exhibition.

Hongqiao Pinhui is a 6-day+365 day year-round exhibition and trading platform built by Shanghai for the CIIE. Through docking with five CIIE sessions, the platform's role has been continuously amplified. It has built a 400000 square meter business office center, a 51000 square meter Hongqiao International Central Business Zone Bonded Logistics Center, and an 80000 square meter Hongqiao Pinhui Building A. Next, the 130000 square meter exhibition and trading space in Building B of Hongqiao Pinhui, with the goal of building a new industrial product launch platform, a high-end industrial product exhibition and trading center, and an imported industrial product trading center, will be completed and put into use before the opening of the 6th China International Import Expo this year.

The workers from Hongqiao B Insurance are transporting high-end artworks for exhibition. Interviewee provided


Supported by this trade facilitation tool, two high-end artworks from the United States are exhibited at the Yangyun Anman Hotel

Under the guidance of the Hongqiao International Central Business District Management Committee and the Minhang District Committee and Government, Hongqiao B Insurance is built and operated by South Hongqiao Group in collaboration with Oriental International Group. Relying on Hongqiao B-guarantee, Hongqiao Pinhui has elevated the "exhibition and transfer guarantee" innovation policy of the CIIE to a normalized institutional arrangement. Enterprises can use bonded display transactions to alleviate financial pressure, accelerate commodity circulation speed, further smooth the supply chain, and innovate channels such as early declaration, transit trade, offshore trade, and bonded display transactions through Hongqiao B-guarantee. For the whole year of 2022, the import and export volume per square meter of Hongqiao B Insurance ranked eighth among 84 similar enterprises in China.

Provided by interviewees of Hongqiao B Insurance

In addition, in order to better serve the actual needs of enterprises with the bonded display function, with the strong support of Shanghai Customs, Minhang District has also innovated a new model of "storage within the area+display outside the area". Mareo Food Technology Co., Ltd., located 20 kilometers away from Hongqiao B Bao, is the first enterprise to implement a new model of "storage within the area+display outside the area". At present, the Mario Exhibition Center has held nearly 100 training, demonstrations, technical demonstrations, and business docking activities, bringing direct and indirect orders of about 6 million euros to enterprises, with significant display effects and commercial benefits. The company has approximately 2.5 million euros of equipment in bonded status under customs supervision, involving taxes of approximately 3.5 million RMB.

  

  


Supported by this trade facilitation tool, two high-end artworks from the United States are exhibited at the Yangyun Anman Hotel

 

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