The State Council approved the establishment of the Hefei Export Processing Zone in Anhui

The State Council officially approved the establishment of an export processing zone in Hefei, Anhui Province. Currently, the province has two export processing zones, Wuhu and Hefei.

The Export Processing Zone is a special closed area of ​​customs supervision with the function of “overseas customs and customs”. It has unique policy advantages, customs clearance advantages, and environmental advantages. It is the specific area of ​​customs supervision in China that has the most favorable policies, the most convenient management, and the most economical opening. The domestic enterprises can enjoy preferential policies such as sales of domestically-manufactured equipment, material exemption, and tax exemption for export goods. So far, the State Council has approved the establishment of 60 export processing zones.

The Anhui provincial government has applied to the State Council for the establishment of the Hefei Export Processing Zone since 2008. According to relevant data, in 2009, Hefei’s total value of imports and exports reached 6.43 billion U.S. dollars, and the value of imports and exports ranked second among central provincial capital cities. The comparative advantages of processing trade and foreign trade, as well as good location advantages and basic conditions, are the advantageous conditions for Hefei to apply for export processing zones.

Anhui Hefei Export Processing Zone is located in the south of Hefei Economic and Technological Development Zone, adjacent to the Paihe Port under construction, with a planned area of ​​1.42 square kilometers. It will be based on the goal of “One-year construction, two years start, three-year scale” and unified planning. Step by step approach to construction.

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