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: 一级片黄色免费| 亚洲一区二区三区四区视频| 丁香六月婷婷在线| 日韩人妻系列无码专区| 亚洲欧美国产一区二区三区| 白嫩极品小受挨cgv| 国产一级理仑片日本| 97国产免费全部免费观看| 性无码专区无码| 久久久无码一区二区三区| 爱情岛论坛亚洲永久入口口| 四虎影8818| 视频在线观看一区二区三区| 国产成年女人特黄特色毛片免| 77777亚洲午夜久久多喷| 处破痛哭A√18成年片免费| 欧美日韩一区二区三区四区| 先锋影音av资源网| 精品国产一区二区三区免费| 国产a级特黄的片子视频| 青青青手机视频在线观看| 女人是男人的未来1分29分 | 在线免费观看污污视频| yellow字幕网在线91pom国产| 无码一区二区三区在线观看 | 中文在线观看www| 无需付费大片免费在线观看| 久久精品aⅴ无码中文字字幕不卡| 欧美一级视频在线高清观看| 亚洲成a人片77777群色| 欧美精品亚洲精品日韩专区va| 国产www视频| 青青草国产在线观看| 国产好吊妞视频在线观看 | 欧美成人午夜视频| 亚洲欧洲精品视频在线观看| 激情内射亚州一区二区三区爱妻| 伊人久久大香线蕉综合影院首页| 粉嫩虎白女P虎白女在线| 内射白浆一区二区在线观看| 精品国产欧美一区二区|