Ningbo Customs has approved the establishment of the first local export supervised warehouse in Ningbo. The term "export supervised warehouse" refers to a special customs supervised warehouse, which is established upon approval of the customs office and is used for storage of goods whose customs procedures for export have been finalized or for bonded logistics distribution, or is used to provide circulative value-added services. Export supervised warehouses are divided into export distribution warehouses and domestic carry-over warehouses. The term "export distribution warehouse" refers to a warehouse used to store exported goods which aim at actual departure from the territory.