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The Qinzhou Port Area of the China (Guangxi) Pilot Free Trade Zone

Updated: Jul 17, 2023 Print
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The Qinzhou Port Area of the China (Guangxi) Pilot Free Trade Zone covers an area of 58.19 square kilometers. It consists of the Qinzhou Free Trade Port Zone (10 square kilometers), the China-Malaysia Qinzhou Industrial Park (16.05 square kilometers), and the Qinzhou Harbor of Economic and Technological Development (32.14 square kilometers).

1. Strategic position

It is committed to becoming a major port in the building of China's new channel for international land-sea trade, forming an industrial cluster of the maritime economy, and building a demonstration area for China-ASEAN cooperation.

2. Major industries

It will focus on the development of such industries as port and shipping logistics, international trade, green chemical engineering, new energy vehicles, equipment manufacturing, electronic information, bio-medicine and big data.

3. Development objectives

It is aimed at building a high-level free trade industrial park with high-standards, which is expected to further deepen the opening-up and cooperation between China and ASEAN countries in the aspects of free trade, investment facilitation, cluster development, financial opening-up, supervision, and take a leading and exemplary role.

4. Major tasks

To accelerate the building of the new channel for international land-sea trade and become a major port highly integrated with the Belt and Road Initiative;

To facilitate investment, and form an industrial cluster of the maritime economy;

To explore cross-border cooperative mechanisms between China and other countries in the building of industrial parks, and to build a pilot zone of cooperation with the ASEAN region;

To promote trade liberation and build an industrial cluster of international trade;

To transform government functions and create a world-class business environment;

To deepen reforms and innovation in the financial sector, as well as to build a major channel for the opening-up of finance targeting the ASEAN region;

To fully leverage its leading role in scientific innovation and build an industrial highland for new technology and the new economy.

 

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