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Dalian Area of China (Liaoning) Pilot Free Trade Zone launched
BY 2017-04-11 10:59:07

(DALIANNEWS)- Dalian Area of China (Liaoning) Pilot Free Trade Zone was officially launched at Jinpu New District in Dalian, a port city of Northeastern China's Liaoning Province, April 10, 2017.

The inauguration ceremony of Dalian Area of China (Liaoning) Pilot Free Trade Zone is held at Jinpu New District in Dalian, a port city of Northeastern China's Liaoning Province, April 10, 2017.

Covering an area of 59.96 square meters, Dalian Area of China (Liaoning) Pilot Free Trade Zone is located at the city's Jinpu New District, the tenth national new district in China, focusing on the development of shipping logistics, financial trade, service outsourcing,international exhibition and convention, seashore tourism, culture creation and other modern service industry, petro-chemical, automobile,shipping and marine engineering, flexible equipment, aviation production, electronic information, biological medicine and other advanced equipment manufacturing industry, high and new technology industry as well as circular economy industry.

Representatives of enterprises and institutions are granted business licenses during the inauguration ceremony of Dalian Area of China (Liaoning) Pilot Free Trade Zone in Dalian, Northeast China's Liaoning Province, April 10, 2017

The first batch of 20 enterprises and institutions were granted business licenses during the inauguration ceremony, including three banking institutions approved by Dalian Regulatory Bureau at Dalian Area of Liaoning FTZ.

At the same time, a total of eleven projects including a regional headquarter invested by Jushenghua company and ten projects including Dalian Shipping Finance Innovation Base were signed respectively with the administration committee of Dalian development zone and the administration committee of Dalian bonded zone, marking their entrance to the Dalian area of Liaoning FTZ.

A planning map of Dalian Area of China(Liaoning) Pilot Free Trade Zone is seen in the above picture.Dalian Area of China (Liaoning) Pilot Free Trade Zone will focus on six major industries covering shipping logistics, finance trade, advanced equipment manufacturing,high and new technology, circular economy and shipping service.

According to the report, Dalian Area of Liaoning FTZ includes the area of the development zone and the area of the bonded zone. Among them, the area of Dalian Development Zone occupies 28 square meters including 8.88 square meters at Xiaoyao Bay and 19.12 square meters at Double D Port, while the area of Dalian Bonded Zone takes up 31.96 square meters including 1.25 square meters at Dalian Bonded Zone, 1.5 square meters at District A of Dalian Export Processing Zone, 6.88 square meters at the bonded port area of Dayao Bay and 22.33 square meters at Dayao Bay Port area.

Dalian Area of Liaoning FTZ will provide preferential policies for entrepreneurship and also more opportunities for employment in foreign-invested companies. Apart from that, it will be more convenient for the locals to purchase import commodities and take part in outbound tourism and employment.

(Editor:Grace) (From:DALIANNEWS)
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