Full Coverages>China>CIFIT 2004
   
 

Xiamen bonded zone targets free trade area
By Zhang Jin (China Daily)
Updated: 2004-08-06 16:15

Xiamen Xiangyu Bonded Zone, one of China's smallest bonded areas in terms of size, is expected to gain an advantage by transforming itself into a zone-port interaction area, a transition towards its ultimate goal of a free trade zone.

The move takes place as the nation's 15 bonded areas are losing their lustre since China's opening up under the World Trade Organization (WTO) has gradually diminished their tariff advantages.

Hu Haipi, director of the zone's administrative committee, told China Daily: "Our ultimate goal is to transfer the zone into a leading free trade area in China."

The zone has already applied to establish the nation's second zone-port interaction area to follow Shanghai, which was selected as a pilot last year.

"The General Administration of Customs and other related ministries inspected our zone in June," he said. "Approval for establishing a zone-port area might be given soon by the central government."

He also said that it is very likely that the other applicants including Qingdao, Dalian, Zhangjiagang, Tianjin, Shenzhen and Ningbo may also win approval.

A zone-port interaction area is a combination between bonded land and a nearby international port. A bonded logistics zone will usually be set up in a port area.

The combination will benefit enterprises in the former bonded zone by offering better logistics services, helping solve the bottleneck affecting China's bonded zones, Hu said.

But what seems most attractive to firms should be an updated tax rebate mechanism, he added.

Rebates will be granted upon the entry of domestic goods into zone-port areas, rather than the current practice of providing refunds after those goods leave China.

And firms within the zone will be able to enjoy more relaxed foreign exchange controls, he said.

Xiamen Xingyu Bonded Zone plans to connect itself with Dongdu port, the largest in Xiamen, to form a 0.7 square-kilometre zone-port interaction area.

The ambitious director also plans to expand the area to 8.7 square kilometres in the future after it annexes Xiamen's Haicang port and Gaoqi International Airport.

Although Hu agrees that the attractions of bonded zones are diminishing due to the country's continuous tariff cuts following WTO entry in late 2001, he believes that these zones still have advantages.

"Low tariff does not mean zero tariff," he said. "There is still large profit potential for enterprises if they choose to locate themselves in bonded zones."

China's average import duties currently stand at 10.5 per cent.

China is now launching a reform to transform its old bonded zones to continue to attract foreign investment.

Bonded areas in Qingdao and Ningbo also have ambitious plans to turn themselves into free trade zones.

It is reported that the Chinese mainland will have two or three world-class free trade zones by 2015, if the transformation of the bonded zones is successful.

Experts also suggest that some of China's existing bonded zones could also be turned into export processing zones and economic and technical development zones.

 
  Story Tools  
   
 
     
主站蜘蛛池模板: 49289.com| 中文字幕在线观看你懂的| 波多野结衣一级片| 午夜爽爽爽男女污污污网站| 手机在线看片你懂得| 免费人成在线观看播放国产| 色先锋影音资源| 国产大学生粉嫩无套流白浆| h视频在线观看免费观看| 国产麻豆欧美亚洲综合久久| v11av18| 性色AV一区二区三区夜夜嗨| 久久久综合九色合综国产 | 国产激情无码视频在线播放性色| 99heicom视频| 天天天天做夜夜夜做| 一本到中文字幕高清不卡在线| 探花www视频在线观看高清| 久久久无码精品午夜| 日韩AV无码一区二区三区不卡 | 永久免费无内鬼放心开车| 偷看农村妇女牲交| 立川理惠在线播放一区| 午夜dj免费在线观看| 美女扒开尿眼让男人桶爽视频| 国产亚洲人成网站观看| 高校饥渴男女教室野战| 国产成人精品午夜二三区波多野 | 国产精品亚洲欧美大片在线观看| 91在线一区二区三区| 在线观看中文字幕2021| 99精品视频在线观看免费专区| 女人pp被扒开流水了| www.欧美com| 女人被免费视频网站| 一出一进一爽一粗一大视频免费的| 性生活大片免费观看| 一级毛片免费播放视频| 年轻帅主玩奴30min视频| 中国china体内裑精亚洲日本| 成人激爽3d动漫网站在线|