FREE TRADE ZONE

Guangdong Unveils 14th Five-Year Plan for Free Trade Zone Development

22 October 2021

Guangdong has just unveiled its 14th five-year plan for the development of its free trade zone. The main policies include creating a market-oriented, law-based and internationalised business environment, building an international trade and shipping hub, and establishing a financial opening-up and innovation demonstration window, in the Guangdong-Hong Kong-Macao Greater Bay Area. More

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UAE: Sharjah Publishing City Launches Summer Business Setup Packages

31 August 2021

The Sharjah Publishing City Free Zone (SPC Free Zone) has launched three discounted business setup packages available until 5 September, according to the official Emirates News Agency. More

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Guangdong Free Trade Zone: The Trading Gateway to the Greater Bay Area

30 August 2021

As part of continuous efforts to improve the business environment, China recently further streamlined foreign trade approval in free trade zones. Hong Kong companies can establish Hong Kong-funded import-export enterprises in the Guangdong Pilot Free Trade Zone and start trading there without first seeking approval or completing record filing formalities. Tapping import and export trade opportunities in the GBA will facilitate further exploitation of China’s huge domestic market. More

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The Post-Covid New Normal: Telemedicine Enhances Healthcare Collaboration

22 February 2021

Telemedicine covers a wide spectrum of services, including online consultations, online medicine purchases, electronic payment and online joint consultations. The Shanghai Artemed Hospital was the first foreign-funded general hospital to open in the China (Shanghai) Pilot Free Trade Zone. Its Operation Director Jack Cai spoke to HKTDC Research about the use of telemedicine in his hospital, and his views on the future of telemedicine in China. More

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MALAYSIA: Butterworth Port Re-Designated as Free Trade Zone

08 February 2021

The North Butterworth Container Terminal, part of Penang’s Butterworth Port, has been designated as a Free Trade Zone (FTZ). This comes as part of wider moves to position the port as a key regional shipping and transhipment hub, while making it a more attractive proposition for overseas investors. More

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Guangxi Implements Pilot Free Trade Zone Regulations

27 October 2020

The Guangxi Zhuang Autonomous Region People’s Congress Standing Committee passed Regulations on the China (Guangxi) Pilot Free Trade Zone on 22 September. The regulations, which took effect immediately, apply to the China (Guangxi) Pilot Free Trade Zone, established with the approval of the State Council. More

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China Unveils Plans for Beijing, Hunan, Anhui and Zhejiang Free Trade Zones

09 October 2020

The State Council recently issued a circular outlining its master plan for the Beijing, Hunan and Auhui Pilot Free Trade Zones and the regional expansion of the Zhejiang Pilot Free Trade Zone (Guo Fa No. 10 [2020]). More

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UAE: Dubai Launches Giant Globally-Focussed B2B Wholesale Market

08 October 2020

The Investment Corporation of Dubai (ICD), Dubai's sovereign wealth fund, announced on 21 September 2020 the launch of the Dubai Global Connect (DGC) project, a one million m.sq. B2B wholesale market located in the Dubai South free trade zone, and adjacent to Al Maktoum Airport and Jebel Ali Port. More

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OMAN: Al Mazunah Free Zone Rolls Out e-Payment Service

31 August 2020

Companies and entities involved with operations in Oman’s Al Mazunah Free Zone (AMFZ) can now complete transactions remotely through a new electronic payment service for logistics-related services. More

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MOROCCO: New Free Trade Zone under Construction to Combat Illegal Imports

24 June 2020

Morocco is building a free trade economic zone in the northern town of Fnideq, near the Spanish-administered enclave city of Ceuta, in a bid to reduce illegal imports. More

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