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Shantou Comprehensive Free Trade Zone has been Officially Approved for Establishment
Date: 2020-04-18      Source: Shantou Daily

The State Council officially approved the establishment of the Shantou Comprehensive Free Trade recently. This marks another important step for the city in launching a new round of further opening up and has provided new impetus for Shantou' s construction of a new open economic system.

In January last year, the State Council introduced a policy that gave the comprehensive free trade zone a new mission of reform and opening up, focusing on creating a special customs supervision area with international competitiveness and innovation. Seizing this opportunity, our city integrated Shantou Free Trade Zone and Shantou Bonded Logistics Center to apply for the establishment of a comprehensive free trade zone, and was successfully approved after about one year. Shantou Comprehensive Free Trade Zone will make full use of the overlaid policy advantages of the comprehensive free trade zone, cross-border e-commerce comprehensive trial zone and free trade zone to continuously boost the high-level opening and high-quality development of the whole zone, strive to become a nationally advanced comprehensive free trade zone in at most 3 to 5 years, and try to develop itself into a new highland of open economy in Shantou and even in eastern Guangdong.

Source:Shantou Daily, April 18, 2020





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