The import, storage, processing, exhibition and transit of goods in the free trade zone are not subject to customs duties, quotas, foreign exchange and consumer rights laws. Its location is generally selected in the terminal market and processing base in the port city, which is convenient for foreign businessmen to resell and export, and also convenient for foreign businessmen to store goods. The free trade zone is also a window for commodity display, and manufacturers can also make full use of the local cheap land and labor in the whole duty-free zone to engage in processing and assembly, saving all kinds of extra expenses.
Tips: The above contents are for reference only.
Response time: February 7, 2022. Please refer to the latest business changes announced by Ping An Bank in official website.