China (Shanghai) Pilot Free Trade Zone

Since it was established on September 29, 2013, the China (Shanghai) Pilot Free Trade Zone (FTZ) has carried out institutional reform and innovation in areas of investment, foreign trade, finance and post-filing supervision to form a legal framework for investment and trade within the zone. The FTZ was officially launched on September 29 of the same year by merging four bonded areas under the special administration of Shanghai Customs, namely Waigaoqiao Free Trade Zone, Waigaoqiao Free Trade Logistics Park, Yangshan Free Trade Port Area, and Pudong Airport Free Trade Zone. The 28.78-square-kilometer FTZ is China’s experiment field to test policies for government reform, financial reform, business innovation, foreign investment and tax reform.The State Council decided on December 28, 2014 to introduce the practices of Shanghai FTZ nationwide,enlarging the FTZ from 28.78 square kilometers to 120.72 square kilometers .

Shanghai FTZ covers seven regions: Shanghai Waigaoqiao Free Trade Zone, Waigaoqiao Bonded Logistics Park, Yangshan Bonded Port Zone and Shanghai Pudong Airport Comprehensive Bonded Zone, Jinqiao Export Processing Zone, Zhangjiang Hi-Tech Park and Lujiazui Finance and Trade Zone .

Shanghai FTZ had registered 22 thousand companies by the end of 2014, 14 thousand of them newly registered and 160 overseas investment projects, China’s foreign investment amounted to 3.8 billion U.S. dollars, import clearance speed was 41.3%, corporate profitability increased by 20%, establish 6925 free trade account number, and deposit balance of 4.89 billion yuan. In 2015, the Shanghai Free Trade Experimental Zone has become an honorary member of the World Federation of Free Trade Zones.

The 2016 World Free Trade Conference was held in Macau from November 8 to 10, 2016. The theme of this year’s conference is “One Belt and One Road” cooperation opportunities under the China Free Trade Area Strategy.

 

China (zhejiang) Pilot Free Trade Zone

China Zhejiang FTZ is 119.95 square kilometers. It consists of land areas and related marine anchorages and covers three sections: Zhoushan Islands District 78.98 square kilometers (including the 3.02 square kilometers of Zhoushan Port Comprehensive Bonded Area Block), and the northern part of Zhoushan Island. 15.62 square kilometers (including 2.83 square kilometers in Zhoushan Port Comprehensive Free Trade Zone Block) and 25.35 square kilometers in the southern part of Zhoushan Island.

Zhejiang FTZ takes institutional innovation as the core, adopts replicable and can be promoted as the basic requirements, and builds the pilot zone of free trade to become an important maritime opening portal demonstration zone in the eastern region, a pilot zone for liberalization of international bulk commodities, and a resource allocation base with international influence.

After about three years of reform and exploration with unique characteristics, the investment and trade facilities are basically facilitated, high-end industries are gathered, the legal environment is standardized, financial services are improved, supervision is efficient and convenient, and the use of radiation Is highlighted. The global allocation of commodities with oil as the core commodity is significant. Promote and dock with international standards to initially establish the pre-emptive zone for free trade ports.

Zhejiang national high tech Industrial Development Zone

No. Name Location Approval Year
1 Hangzhou national high tech Industrial Development Zone Hangzhou 1991年
2 Ningbo Hangzhou national high tech Industrial Development Zone Ningbo 2007年
3 Shaoxing national high tech Industrial Development Zone Shaoxing 2010年
4 Wenzhou national high tech Industrial Development Zone Wenzhou 2012年


Zhejiang provincial high tech Industrial Development Zone

No. Name Location Approval Year
1 Jiaxing provincial high tech Industrial Development Zone Jiaxing 1997
2 Yuhang provincial high tech Industrial Development Zone Yuhang,Hangzhou 1997
3 Taizhou provincial high tech Industrial Development Zone Taizhou 1998
4 Shangyu provincial high tech Industrial Development Zone Shangyu,Shaoxing 1998
5 Jinhua provincial high tech Industrial Development Zone Jinhua 1998
6 Wenzhou provincial high tech Industrial Development Zone Wenzhou 1998
7 Xiaoshan provincial high tech Industrial Development Zone Xiaoshan,Hangzhou 1999
8 Xinchang provincial high tech Industrial Development Zone Xinchang,Shaoxing 1999
9 Huzhou provincial high tech Industrial Development Zone Huzhou 2000
10 Quzhou provincial high tech Industrial Development Zone Quzhou 2002
11 Zhoushan provincial high tech Industrial Development Zone Zhoushan 2010
12 Deqing provincial high tech Industrial Development Zone Deqing,Huzhou 2010
13 Shengzhou provincial high tech Industrial Development Zone Shengzhou,Shaoxing 2010
14 Haining provincial high tech Industrial Development Zone Haining,Jiaxing 2010
15 Shaoxing Keqiao provincial high tech Industrial Development Zone Shaoxing 2010
16 Jiaxing Xiuzhou provincial high tech Industrial Development Zone Xiuzhou,Jiaxing 2011
17 Jiaxing photovoltaic high tech Industrial Development Zone Jiaxin 2012
18 Zhoushan Ship equipment high tech Industrial Development Zone Zhoushan 2012
19 Shaoxing new textile materials high tech Industrial Development Zone Shaoxing 2012
20 Hangzhou Qingshanhu High-end equipment high tech Industrial Development Zone Hangzhou 2012
21 Quzhou fluorosilicone material high tech Industrial Development Zone Quzhou 2012
22 Yongkang modern agriculture high tech Industrial Development Zone Jinhua 2013
23 Huzhou modern logistics equipment high tech Industrial Development Zone Huzhou 2013
24 Ningbo Hangzhouwan High performance new materials high tech Industrial Development Zone Ningbo 2013
25 Zhuji modern environmental protection equipment high tech Industrial Development Zone Shaoxing 2013
26 Xiaoshan Linjiang New energy transportation equipment high tech Industrial Development Zone Xiaoshan,Hangzhou 2013

Information Sources

China (zhejiang) Pilot Free Trade Zone:http://www.china-zsftz.gov.cn/

China (shanghai) Pilot Free Trade Zonehttp://www.china-shftz.gov.cn/Homepage.aspx?isF=0

zhaoshang.net: http://www.zjzsyz.net/

Science tecnology department of zhengjia province: http://www.zjkjt.gov.cn/