Qianhai & Shekou Free Trade Area of Shenzhen and Huangpu district of Guangzhou have been listed as national import promotion and innovation demonstration zones.
The list is released by the Ministry of Commerce and the National Development and Reform Commission and six other ministries recently.
By now, the province has national import trade promotion and innovation demonstration zones, Nansha, Qianhai & Shekou and Huangpu.
The newly established import demonstration zone will focus on optimizing the business environment, and play a leading role in promoting imports, serving industries, and improving consumption and demonstration.
According to statistics released by Guangdong Customs on Thursday, Guangdong's foreign trade with the US and EU witnessed a year-on-year growth of 9.3 percent and 9.8 percent, respectively, in the first nine months. That with the United States and European Union saw a year-on-year increase of about 10 percent in the first three quarters this year, contributing to the southern province's overall foreign trade industrial development.
Author | Pamela (Intern)
Editors | Wing, Olivia, Nan, Abby, Jerry
