WebDec 17, 2024 · By establishing a company in the Free Trade Zone, you are a “genuine” Mainland Chinese company. That means you can sell in China, hire people in China, issue tax receipts, and all the other features and … http://english.mofcom.gov.cn/article/newsrelease/policyreleasing/202404/20240402959894.shtml

Anne Chung - Manager, International Relations - Hong Kong Trade ...

Free trade zones (FTZs) are types of special economic zones (SEZs) where goods may be imported, handled, manufactured and exported without direct intervention from customs. Each FTZ in China has an industrial and economic focus, with different incentives to fulfil its objectives. See more Favorable administrative measures 1. Reduced corporate income tax (CIT) (varies by FTZ) 2. Duty-free imports and exports 3. Bonded warehouse capacity 4. Streamlined port and customs operations 5. Simplified … See more China established its first free zone at Shanghai in 2013 as a testing ground for new regulations. In 2015, three costal provinces announced to strengthening regional economic … See more Notwithstanding a potentially more liberal regulatory environment in the FTZs, all usual consideration with respect to market entry in China apply. To retain the established … See more China uses FTZs to pilot new policies and regulations, thus permitting companies to experience more liberalised environment, with potentially lighter regulatory touch. Many international … See more WebMar 14, 2015 · When it comes to physically demarcated free trade zones, look to Singapore or Hong Kong as shining examples. Or look to eastern China, where boundaried zones have proliferated. The Republic of Korea’s internal competition among zones has led to several excellent models such as the Incheon Free Economic Zone and the Gwangyang … simply intreeging

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WebMar 27, 2024 · The offshore trade conducted by Xiamen city – located in East China's Fujian province – has been at the forefront in the field in the country for some time. The metropolis looked into it closely and pioneered offshore resales as early as August 2024. WebMar 8, 2024 · The 21 nationwide free-trade zones (FTZs) and 109 import pilot zones for cross-border E-commerce (CBEC) across the country, which cover 30 provinces, autonomous regions and municipalities, have brought great transitions to trade patterns and the related factor proportions. WebChina's efforts to develop its border-area-located and cross-border economic cooperation zones into high-level open platforms are likely to stimulate the growth of trade in both … raytheon mars