Q1.Where is Nansha Free Trade Zone?
Nansha Free Trade Zone, which is in the southernmost part of Guangzhou, is located in the estuary of Pearl River , as the largest area of Guangdong FTZ.
Q2.How large is Nansha FTZ?
Total 60 square kilometer.
Q3.How many areas does Nansha FTZ mainly divide into? And what are the main development industries of each area?
There are 7 areas.
1. International Shipping Development Area: Shipping logistics, bonded warehousing
2. Financial Business Develoment Area: Financial services
3. Guang Dong-Hong Kong-Macau Intergrated Development Area: Technology financial background service.
4. International Education and Health Care Development Area: Education and Training, Health Care Industry.
5. Guang Dong-Hong Kong-Macau Science Innovation Development Area: Science Innovation Services
6. Overseas Investment Intergrated Services Area: Business Services
7. Processing Trade Services Area: Processing and Manufacture, Research and Development,Data Services, E-commerce.
Q4.What are the advantages of Nansha FTZ?
Allow the FTZ enterprises to issue bonds,stocks, and the fund could be recycled (Guangdong Unique)
Support the FTZ enterprises to borrow RMB capital from overseas and use in accordacne with regulations.
Support the FTZ enterprises to set up bonded warehouse in Nansha bonded area, and set up e-commerce platform.
Domestic Enterprises which register in the FTZ could make settlement freely.
Foreign Investment Enterprises which register in the FTZ could make settle settlement freely.
Goods could be imported into Nansha Bonded Area without payment of customs duties. (General Trade Approaches still require customs duties, VAT and consumption tax . Through Cross-border e-commerce platform only requires 10% tax on baggage and postal articles)
Enterprises which register in Nansha could get the licenses within one day.
Workers in Nansha can receive allowance; New established business can receive sponsorship.
Q5: What is Bonded Area? What`s the functions of Nansha Bonded Area?
Bonded Area is a place that foreign goods could long-term stored in without import-export procedure.
Foreign goods could get into Nansha Bonded Area freely without being supervised by the customs administration department , individuals could buy goods directly through commerce platforms, and the goods will be delivered by means of logistics.
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