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Guangzhou Free Trade Zone

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Here's information about Guangzhou Free Trade Zone , and you're welcome to contatc us if you have any doubts.

Free trade area (Free Trade Zone, referred to as FTZ) refers to the relevant provisions on Trade and investment than the WTO more preferential trade arrangements; in other countries or regions of the sovereign territory, set aside a specific region to allow foreign goods exempted from tariff free access. It is essentially a tariff free zone with a free port policy. Narrow sense refers only to the areas where the import duties of goods such as raw materials for export are exempted from import duties, similar to export processing zones. The broad sense also includes free port and entrepot trade zone.

In September 27, 2013, the State Council approved the establishment of China (Shanghai) pilot free trade zone. In December 26, 2014, the Central Committee of the Communist Party of China and the State Council decided to set up three free trade zones in Guangdong, Tianjin and Fujian, and to expand the scope of implementation of the Shanghai free trade zone. In April 20, 2015, the State Council approved the establishment of China (Guangdong) free trade zone, China (Tianjin) free trade zone, China(Fujian) 3 FTA test area of free trade, and expand the scope of Chinese (Shanghai) free trade zone.

To further deepen the reform and opening program of Free Trade Zone in China, Guangzhou Free Trade Zone (FTZ)was issued in the year of 2015. It is a free-trade zone near Hong Kong and Macau. The zone covers an area of 116.2 square kilometers and integrates three existing bonded zones in four areas — Nanshan New Area in Guangzhou (60 square kilometres), Qian Hai and Shekou Industrial Zone (Qianhai Shekou Subdistrict) in Shenzhen (28.2 square kilometres) and Hengqin Subdistrict in Zhuhai (28 square kilometres).
Guangzhou Ftz

Guangzhou FTZ's industry will focus on:
  • Development and transformation of scientific and technological achievements
  • International education and training
  • Financial services
  • Professional services
  • Business services
  • Leisure tourism and health services
  • Shipping and logistics services
  • Information technology industry
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