China s first pilot free trade zone was established in

Updated on Financial 2024-02-25
6 answers
  1. Anonymous users2024-02-06

    Shanghai Free Trade Zone is the first national free pilot zone established by the People's Republic of China, which was established on September 29, 2013. The pilot zone is a landmark pilot for China to launch a new round of reform and opening up.

    The Free Trade Zone (FTZ) refers to a more preferential arrangement than the relevant provisions of the WTO in terms of investment and investment, and a specific area is set aside within the customs boundary of a sovereign country or region to allow foreign goods to enter and exit freely without tariffs. In essence, it is a customs quarantine zone with a free port policy. In a narrow sense, it only refers to the areas that provide import duty-free import of raw materials and other goods required for processing and export in the zone, similar to export processing zones.

    In a broad sense, it also includes free ports and entrepot areas. From September 2013 to August 2019, China has approved 18 pilot free trade zones in batches, and has initially formed a basic pattern of 1+3+7+1+6, forming an opening situation of east, west, north, south, and central coordination, and land and sea coordination, and promoting the formation of a new round of comprehensive opening up pattern in China.

    Shanghai Free Trade Zone is a regional free zone set up in Shanghai, located in Pudong, officially established in September 2013, is China's first national free zone, covering Shanghai Waigaoqiao Free Trade Zone, Waigaoqiao Bonded Logistics Park, Yangshan Bonded Port Area and Shanghai Pudong Airport Comprehensive Bonded Zone, Jinqiao Export Processing Zone, Zhangjiang Hi-Tech Park and Lujiazui Financial Zone.

    Guangdong Free Trade Zone: In 2015, the Guangdong Free Pilot Zone was officially established, covering three areas: Guangzhou Nansha Free Trade Zone, Shenzhen Shekou Free Trade Zone, and Zhuhai Hengqin Free Trade Zone, with a total area of square kilometers, positioning for the deep integration of Hong Kong, Macao and Taiwan.

    Tianjin Free Trade Zone: It is a regional free zone located in Tianjin Binhai New Area, which was officially approved in December 2014, with a total area of 260 square kilometers, mainly covering the central business district of Binhai New Area, Dongjiang Bonded Port Area, and Tianjin Port Free Trade Zone (including Airport Economic Zone) 3 functional areas.

    Jiangsu Free Trade Zone: After the implementation of the free trade zone system, Jiangsu began a six-year exploration of the free trade zone. In August 2019, the Jiangsu Free Trade Zone was finally approved after six years of exploration.

    Nanjing Jiangbei New Area, Suzhou Industrial Park, Lianyungang three major areas. It is positioned to build a world-class high-tech industrial park. "

  2. Anonymous users2024-02-05

    China's first free ** pilot zone was established in Shanghai. China (Shanghai) Pilot Free Trade Zone, referred to as Shanghai Free Trade Zone or Shanghai Free Trade Zone, is a regional free trade zone established in Shanghai by China, located in Pudong and within the scope of China's free trade zone.

    On September 29, 2013, the China (Shanghai) Free Pilot Zone was officially established, covering an area of square kilometers, covering four special customs supervision areas, including Shanghai Waigaoqiao Free Trade Zone, Waigaoqiao Bonded Logistics Park, Yangshan Free Trade Port Area and Shanghai Pudong Airport Comprehensive Bonded Zone. On December 28, 2014, the Standing Committee of the National People's Congress authorized the expansion of the China (Shanghai) Free Pilot Zone, expanding the area to square kilometers.

    The Pudong New Area, to which the Shanghai Free Trade Zone belongs, is an alluvium of the Yangtze River, with an average altitude of meters. It has obvious maritime characteristics, four distinct seasons throughout the year, and a pleasant climate. The average annual temperature and annual precipitation are 1100 mm.

  3. Anonymous users2024-02-04

    Legal analysis: China (Liaoning) Free Pilot Zone, China (Zhejiang) Free Pilot Zone, China (Henan) Free Pilot Zone, China (Hubei) Free Pilot Zone, China (Chongqing) Free Pilot Zone, China (Sichuan) Free Pilot Zone, and China (Shaanxi) Free Pilot Zone.

    Legal basis: Article 5 of the Foreign Affairs Law of the People's Republic of China in accordance with the principle of equality and mutual benefit, the People's Republic of China promotes and develops relations with other countries and regions, concludes or participates in regional economic agreements such as customs union agreements and free zone agreements, and participates in regional economic organizations.

  4. Anonymous users2024-02-03

    Legal analysis: In December 2014, it was decided to set up the China (Guangzhou Demolition Model East) Free Pilot Zone, Guangdong Free Trade Zone covers three areas: Guangzhou Nansha New Area (Guangzhou Nansha Free Trade Zone Wuran), Shenzhen Qianhai Shekou Area (Shenzhen Shekou Lutang Slow Free Trade Zone), Zhuhai Hengqin New Area (Zhuhai Hengqin Free Trade Zone), with a total area of square kilometers, Guangdong Free Trade Zone is based on the deep integration of Hong Kong, Macao and Taiwan.

    Legal basis: According to Article 1 of the Administrative Measures for the China (Guangdong) Free Pilot Zone: In order to promote and protect the construction of the China (Guangdong) Free Pilot Zone, in accordance with the Decision of the Standing Committee of the National People's Congress on Authorizing the Administrative Examination and Approval of the Relevant Laws and Regulations in the China (Guangdong) Free Pilot Zone, the China (Tianjin) Free Pilot Zone, the China (Fujian) Free Pilot Zone and the Extended Area of the China (Shanghai) Free Pilot Zone. China (Guangdong) Pilot Zone Overall Plan" and relevant laws and regulations, these measures are formulated.

  5. Anonymous users2024-02-02

    As of the 2021 query, China's free ** zone.

    The number has been expanded to 21. Including Shanghai, Guangdong, Tianjin, Fujian, Liaoning, Zhejiang, Henan, Hubei, Chongqing, Sichuan, Shaanxi, Hainan, Shandong, Jiangsu, Hebei, Yunnan, Guangxi, Heilongjiang, Beijing, Hunan, Anhui. (The data is for 2020).

    The free zone generally refers to the most favored nation treatment in the WTO by two or more countries or regions through the signing of a free agreement.

    On this basis, we will further open up the market to each other, remove tariff and non-tariff barriers to the vast majority of goods in stages, improve market access conditions in the service sector, open up investment, and promote the promotion of goods, services, capital, technology, personnel, and other factors of production.

    The free flow of investment, the realization of the liberalization of investment, the realization of the complementarity of the United States, and the promotion of common development, so as to form a special functional area covering all members.

  6. Anonymous users2024-02-01

    Legal Analysis: China (Shandong) Free Pilot Zone, China (Jiangsu) Free Pilot Zone, China (Guangxi) Free Pilot Zone, China (Hebei) Free Pilot Zone, China (Yunnan) Free Pilot Zone, China (Heilongjiang) Free Pilot Zone.

    Legal basis: "Reply on Agreeing to the Establishment of 6 New Free Pilot Zones Guo Han 2019 No. 72" 1. Agree to establish China (Shandong) Free Pilot Zone, China (Jiangsu) Free Pilot Zone, China (Guangxi) Free Pilot Zone, China (Hebei) Free Pilot Zone, China (Yunnan) Free Pilot Zone, and China (Heilongjiang) Free Pilot Zone.

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