
Fourth, developing internationalp; pivotal ports is a requirement for developing modem distribution and strengthening China''s status as the world''s manufacturing base. As China''s status in the international manufacturing division of labor has drastically elevated, the industrial chain of the country''s foreign trade has been extending not only to the upper stream but also to the downstream services. To further reduce costs, some well-known international retail enterprises are planning to establish goods distribution centers at the ports close to China''s main export bases. For example, Val-Mart plans to establish a procurement and distribution center in Shenzhen for procurement, classified packaging, container grouping and delivery. Its annual procurement is expected to reach 2 billion U.S. dollars. This will not only promote the development of China''s modem distribution, but also further spur export and strengthen China''s status as the world''s manufacturing base. However, the existing customs clearance system is inconsistent with the
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