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Thursday, June 22, 2000, updated at 11:30(GMT+8) | |||||||||||||
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Tighter Control of Chinese ExportsChina is set to overhaul management of its export-oriented processing industry and guard against smuggling, according to a news release from the General Administration of Customs.The State Council has chosen 15 export processing zones as sites to try out regional management, the customs statement said. To avoid redundancy, the country will set up these sites only in existing economic and technological development zones approved by the State Council, the news release said. Besides supervising these zones, customs will try to simplify passage procedures for incoming and outgoing goods. These zones are in: Tianjin, Dalian in Northeast China's Liaoning Province, Tianzhu in Beijing, Yantai and Weihai in East China's Shandong Province, Kunshan and Suzhou Industrial Park in East China's Jiangsu Province, Songjiang in Shanghai, Hangzhou in East China's Zhejiang Province, Xinglin in Xiamen of East China's Fujian Province, Shenzhen and Guangzhou in South China's Guangdong Province, Wuhan in Central China's Hubei Province, Chengdu in Southwest China's Sichuan Province and Huichun in Northeast China's Jilin Province. The measure is expected to facilitate the processing trade and strengthen the country's control over smuggling. Processing trade was 48.8 per cent of China's total trade volume in the first five months of this year, according to customs statistics.
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