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Free-trade zones can also be defined as labor-intensive manufacturing centers that involve the import of raw materials or components and the export of factory products, but this is a dated definition as more and more free-trade zones focus on service industries such as software, back-office operations, research, and financial services.
The goal of medium-term development is built the first free-trade zone which is meeting international practice in 2015, and the goal of long-term development is built the comprehensive free-trade zone in 2020. [6] In December 2007, Dongjiang Free Trade Port Zone determined the clear direction for the development of free-trade zone. [7] Yujiapu
The Xinjiang Free-Trade Zone (Chinese: 中国（新疆）自由贸易试验区, 新疆自贸试验区) in China, is located in the northwestern border region and spans an area of 179.66 square kilometers. It consists of three zones: Ürümqi (134.6 square kilometers), Kashgar (28.48 square kilometers), and Khorgos (16.58 square kilometers ...
Shanghai Free-Trade Zone [note 1] (Shanghai FTZ or SFTZ), officially China (Shanghai) Pilot Free-Trade Zone, [note 2] is a free-trade zone in Shanghai, China.On 22 August 2013, the State Council approved the establishment of the zone.
Terms include free port (porto Franco), free zone (zona franca), bonded area (US: foreign-trade zone), free economic zone, free-trade zone, export processing zone and maquiladora. Most commonly a free port is a special customs area or small customs territory with generally less strict customs regulations (or no customs duties or controls for ...
ASEAN–Australia–New Zealand Free Trade Area (AANZFTA) is a free trade area between ASEAN and ANZCERTA that was signed on 27 February 2009 and came into effect on 1 January 2010. Details of the AANZFTA agreement are available online. [27] ASEAN–China Free Trade Area (ACFTA), in effect as of 1 January 2010 [28]
The EU-Ukraine DCFTA provisionally entered into force on 1 January 2016. [32] According to European Commission, "The DCFTA will offer Ukraine a framework for modernising its trade relations and for economic development by the opening of markets via the progressive removal of customs tariffs and quotas, and by an extensive harmonisation of laws, norms and regulations in various trade-related ...
Zhejiang Free-Trade zone, officially China (Zhejiang) Pilot Free-Trade Zone (Chinese: 中国（浙江）自由贸易试验区; pinyin: Zhōngguó (Zhèjiāng) Zìyóu Màoyì Shìyànqū) is a free-trade zone in Zhoushan, Zhejiang Province, China.