20 14 In August, the State Council approved the establishment of Linyi Comprehensive Bonded Zone 1, becoming the third national comprehensive bonded zone in Shandong Province. 20 15 12 10, Linyi comprehensive bonded zone officially opened for operation! Linyi Comprehensive Bonded Zone enjoys the same special tax and foreign exchange policies as Yangshan Bonded Port Area located in Shanghai and Zhejiang, such as tax exemption, bonded, tax refund after entering the zone, centralized customs declaration, etc. It has the functions of bonded processing, bonded warehousing, bonded logistics, port operation and comprehensive services, which will inject new vitality into accelerating the internationalization process of Linyi Mall and promoting economic transformation and upgrading. Linyi Comprehensive Bonded Zone is a special customs supervision area with the highest degree of openness, the most preferential policies and the most complete functions in China except Shanghai Free Trade Zone. It is also a pilot and pioneering area in the fields of finance, trade, investment, service and transportation. 1 Linyi comprehensive bonded zone is mainly divided into six functional zones: bonded processing zone, bonded logistics zone, logistics processing compatibility zone, international trade exhibition zone, inspection zone and comprehensive management service zone. It has the functions of bonded processing, bonded warehousing, bonded logistics, port operation and comprehensive services, and enjoys the same special tax and foreign exchange policies as Yangshan Bonded Port Area located in Shanghai and Zhejiang. Focus on planning and developing leading industries such as international trade, modern logistics, international commodity display, precision machinery, electronic components, new plastic products manufacturing and trade, and actively introduce emerging industries including R&D, testing, maintenance, financial leasing, service outsourcing and other service functions.