China Business

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Zones & Parks

Investment Zones (IZs)

There are many different types of IZ which were set up at different times after the opening up of China. These different types of IZ include:

Special Economic Zones (SEZs)

Shenzhen (most important), Xiamen, Zhuhai, Shantou and Hainan Open Cities (OCs): In 1984, 14 cities in southern and eastern China were designated as ‘open cities’. These were: Beihai, Dalian, Fuzhou, Guangzhou, Lianyungang, Nantong, Ningbo, Qingdao, Qinhuangdao, Shanghai, Tianjin, Wenzhou, Yantai & Zhanjiang Economic and Technological Development Zones (ETDZs): areas located just outside of their related OC. Hi-tech Development Zones (HTDZs): part of the OC project Export Processing Zones (EPZs): 38 Free-Trade Zones (FTZs): established with State Council approval and in which the Customs Office permits special policies involving exceptions to the usual customs procedures. In the FTZs no licences or quotas are required (except for passive quotas) and preferential treatment for import duty and import-related taxes is usually offered. Dalian, Fuzhou, Guangzhou, Hainan Haikou, Ningbo, Qingdao, Shanghai Waigaoqiao, Shantou, Shenzhen, Tianjin Port, Xiamen Xiangyu, Zhangjiagang, Zhuhai

Opportunities