Focus On News - Free Trade Port To Undertake A New Mission Of Opening Up
30 July 04

Ministry of Commerce spokesman recently made a standpoint, the Ministry of Commerce is working with Shanghai and relevant departments to study and formulate the relevant free trade port construction programs, while Zhejiang Free Trade Zone has also developed a tentatively built Free Trade Zone Development Zone's development goals.


According to the current design, both domestic and foreign goods in the free trade port are not only free to go in and out, but also free flow of domestic and foreign capital. All commodities not only enjoy most of the tax concessions, but also enjoy zero tax rate concessions. Foreign goods are not only freely modified and processed in Hong Kong , Transit, but also long-term retention.


More importantly, foreign investors invest and start their own business freely in the port area. At the same time, they can set up offshore accounts and conduct offshore trade. As a result, capital flows freely and freely across borders. Correspondingly, all open.


Focus On News - Free Trade Port To Undertake A New Mission Of Opening Up