China established 96 special customs supervision zones

15:32, February 01, 2010      

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By the end of 2009, China had established 96 special customs supervision zones to adopt convenient customs clearance. As ideal destinations for foreign direct investment and China’s processing trade centers, these zones are full of enterprises specializing in electronic information, biopharmaceuticals and aerospace.

At present, these special supervision zones include 13 bonded ports, 8 comprehensive bonded zones, 55 export processing zones, 6 bonded logistics parks, 12 bonded zones, the Zhuhai-Macao Cross-Border Industrial Zone and the Supporting Area for the China-Kazakhstan Economic Development Center at Horgas.

In 2009, these special supervision zones realized a total import and export value of 279.4 billion U.S. dollars amid the international financial crisis and a sharp decline in foreign demand. In 2009, the year-on-year decrease rate for the total import and export value in the special supervision zones was 7.2 percentage points lower than China's total.

By People's Daily Online
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