PILOT FREE TRADE ZONE

The China (Yunnan) Pilot Free Trade Zone (YNFTZ) is one of six such pilot zones designated by the State Council in its Circular on Issuing the Overall Plan for the Six New Pilot Free Trade Zones in August 2019. The YNFTZ consists of three areas totalling 119.86 sq km: the Kunming Area (76 sq km, including the 0.58-sq km Kunming comprehensive bonded zone), the Honghe Area (14.12 sq km) and the Dehong Area (29.74 sq km). More

The establishment of pilot free trade zones represents China's major move to adopt a more proactive strategy of opening up in line with the new trend of global economic development. The State Council has so far approved pilot free trade zones (FTZs) for Shanghai, Tianjin, Guangdong, Fujian, Liaoning, Zhejiang, Henan, Hubei, Chongqing, Sichuan, Shaanxi, Hainan, Heilongjiang, Hebei, Shandong, Jiangsu, Guanxi and Yunnan. More

The State Council approved the establishment of the China (Fujian) Pilot Free Trade Zone (FJFTZ or Fujian FTZ) at an executive meeting held on 12 December 2014. Officially launched on 21 April 2015, the Fujian FTZ covers a total area of 118.04 sq km and consists of three areas: Pingtan Area, Xiamen Area, and Fuzhou Area. More

The China (Shanghai) Pilot Free Trade Zone (SHFTZ or Shanghai FTZ) was approved by the State Council on 17 August 2013. It was the first pilot free trade zone in China, covering the four special customs supervision areas of Waigaoqiao Free Trade Zone, Waigaoqiao Free Trade Logistics Park, Yangshan Free Trade Port Area and Pudong Airport Free Trade Zone. More