China (Guangxi) Pilot Free Trade Zone

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The China (Guangxi) Pilot Free Trade Zone was approved by the State Council on August 26, 2019.The total area of the Guangxi FTZ is nearly 120 square kilometers, covering the Nanning Area (46.8 square kilometers, including the Nanning Comprehensive Bonded Zone), the Qinzhou Port Area (58.19 square kilometers, including the Qinzhou Bonded Port Area) and the Chongzuo Area (15 square kilometers, including the Pingxiang Comprehensive Bonded Zone).The Nanning Area focuses on developing enterprises in modern finance, smart logistics, the digital economy and cultural media industries, as well as emerging manufacturing in a bid to become a core area of the financial industry for the ASEAN, and an important node in the new channels of international land and sea trade.The Qinzhou Area focuses on the development of port and shipping logistics, international trade, green chemicals, key components of new energy vehicles, electronic information, and biomedicine industries, and emerge as a gateway port for the new channel of international land and sea trade, and an ocean-oriented economic cluster.The Chongzuo Area intends to engage mainly in cross-border industries such as trade, logistics, finance, tourism and labor cooperation, with the aim of becoming an industrial cooperation demonstration zone and a land portal of the new channels for international land and sea trade.The FTZ will accelerate the development of a global corridor that connects western China with ASEAN states. Through the implementation of a series of innovative pilot tasks and policies, the Guangxi FTZ will speed up the construction of a land-sea port, a China-Indochina Peninsula land gateway, and develop multimodal transport. Improvements across transport will create a modern logistics system that integrates land, sea and air, and facilitates the implementation of the Belt and Road Initiative through specific paths and measures.Based on a solid foundation of opening-up in the border region, Guangxi boasts massive potential for innovation-driven development. The Guangxi FTZ is dedicated to the opening-up of and cooperation among border regions, promoting innovative reforms in cross-border trade, logistics, financial services, tourism and labor services. It will also deepen mutually beneficial cooperation between neighboring countries and border areas.

China (Guangxi) Pilot Free Trade Zone

中国(广西)自由贸易试验区

The China (Guangxi) Pilot Free Trade Zone was approved by the State Council on August 26, 2019. The total area of the Guangxi FTZ is nearly 120 square kilometers, covering the Nanning Area, the Qinzhou Port Area, and the Chongzuo Area.