China Established 96 Special Customs Supervision Zones

[2010-02-03 09:59:15]

By the end of 2009, China had established 96 special customs supervision zones to adopt convenient customs clearance. As ideal destinations for foreign direct investment and China¡¯s processing trade centers, these zones are full of enterprises specializing in electronic information, biopharmaceuticals and aerospace.

At present, these special supervision zones include 13 bonded ports, 8 comprehensive bonded zones, 55 export processing zones, 6 bonded logistics parks, 12 bonded zones, the Zhuhai-Macao Cross-Border Industrial Zone and the Supporting Area for the China-Kazakhstan Economic Development Center at Horgas.

In 2009, these special supervision zones realized a total import and export value of 279.4 billion U.S. dollars amid the international financial crisis and a sharp decline in foreign demand. In 2009, the year-on-year decrease rate for the total import and export value in the special supervision zones was 7.2 percentage points lower than China's total.

Source: People′s Daily Online
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