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Foreign Economic Relations

Policies and system designs for the changing function of bonded areas

2014-08-27

By Zhang Xiaoji, Xu Hongqiang, Zhang Qi 

Date: 2003/04/30

Abstract:

With regard to the shifting of bonded areas towards free trade zones, the relevant policies and system designs should refer to the international successful experiences of FTZ. The development of international logistics in FTZ should be taken as the target and trade facility and investment as the starting point. A more open policy should be adopted and an integrated management system and operation mode for both the bonded area and free trade zone should be established. Relevant laws and performance assessment should be made to ensure the success of the experiment.