2021-04-02 14:11
Tianzhu Free Trade Zone, as China's first airport-based free trade zone and a special customs supervision zone exclusive to Beijing, has seen the import and export of goods reach CNY 9.55 billion in the first two months of 2021, a 14.2 percent increase year on year. Exports increased 0.7 percent year on year to CNY 238 million, while imports grew 14.6 percent to CNY 9.311 billion during the period, making the free trade zone a crucial stabilizer for foreign trade and foreign investment.
So far, there are 150 comprehensive bonded zones, or 92 percent, of the 163 special customs supervision zones nationwide. Comprehensive bonded zones in different places around the country are used as platforms to attract the settlement of foreign-invested enterprises, which in turn brings together upstream and downstream players into surrounding areas. This contributes to the construction of import and export channels and the development of an export-oriented economy.
Tianzhu Free Trade Zone has pioneered the "warehouse gate supervision" and "warehouse shelf supervision" bonded supervision model, which has both improved the cargo carrying rate and further facilitated cross-border trade in the free trade zone. It has also guaranteed that enterprises participate efficiently in domestic and international circulations.