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28.The largest bonded port area will become a new engine for the development of Binhai New Area
http://www.tj-summerdavos.cn    2008-09-19 11:53

In December 2007, the largest bonded portarea in China—the first phase of Tianjin DongjiangBonded Port Area was completed successfullyand put into operation. Dongjiang BondedPort Area is not only the result of the comprehensiveand experimental reforms implementedin the Binhai New Area, but also a “seed”for the pilot field of Binhai New Area reforms. Itwill become a new engine for the developmentof Binhai New Area.

The Dongjiang Bonded Port Area is 10 squarekilometers in size, being the largest one in China.The first-phase bonded port area occupieda space of four square kilometers. It will drawexperience from development mode adoptedby international free trade zone, extending thefive functions of international transfer, globaldistribution, international procurement, internationaltrade transit and export processing.Priorities will go for modern logistics, importexportprocessing, manufacturing industry andvarious service industries.

On May 26, 2006, it is pointed out in StateCouncil’s Opinions on Issues ConcerningOpening-up and Development of Tianjin BinhaiNew Area that the nation will promote theopening-up of Tianjin Binhai New Area andestablish Tianjin Dongjiang Bonded Port Area.

The State Council states in Ratification Concerningthe Establishment of Tianjin DongjiangBonded Port Area that: basing on relatedrequirements of pilot area construction withcomprehensive and experimental reform, thePort Area can have a try on some essential reformmeasures with regard to mechanism andsystem innovation. Moreover, it should drawon international practices, actively researchingthe innovative management system of specialareas supervised by Customs, studying selectedsites to promote overall work, and pushingforward integration of special areas supervisedby Customs.

Dongjiang Bonded Port Area combines functionsof bonded area, export-processing area and bondedlogistics area. It is entitled to enjoy all policiesfor development area, bonded area and high-techindustrial park. Meanwhile, it can also fully enjoynational preferential policies on tax, port supervisionand foreign exchange management.

For the time being, the Dongjiang Bonded PortArea has entered a period of rapid development.Accumulative investment in infrastructurehas exceeded RMB 12 billion yuan, creatingland as large as 20 square kilometers. Asia-Pacific international harbor with a designedyearly handling capacity of 4 million containershas been completed. It is expected that thehandling capacity will reach 1 million standardcontainers by 2008.

By the end of June 2008, there have been 26domestic and international enterprises registeredin Dongjiang Bonded Port Area, withinvestment exceeding 10 billion yuan. Enterpriseslike Schneider Logistic from the US, Mapletreefrom Singapore and China MerchantsGroup have completed registration and startedoperation. A great number of large-scale logisticsand import-export value-added processingprojects are under negotiation.

It is planned that RMB 6 billion yuan will be investedin Dongjiang Bonded Port Area in 2008,facilitating the construction of passenger linerharbor, five-star hotel, low-population residenceand man-made beach. By the end of 2008, 25-square-kilometer land will have been createdand main road opened to traffic. A maturetransportation system will be set up in the area,and passenger liner harbor, five-star hotel andrelevant facilities will also begin to take shape.

Dongjiang Bonded Port Area is a significantpart of the opening-up campaign in the BinhaiNew Area, an important component of thecomprehensive and experimental reform andalso an indispensable part of the Tianjin Port,the sixth largest port in the world. DongjiangBonded Port Area carries the historical missionof reforming and opening-up and innovativedevelopment. Aiming to become a realfree trade zone, Dongjiang Bonded Port Areais actively exploring a road of free trade zoneconstruction with Chinese characteristics.


From:Enorth.com.cn    Editor: Zhao Jing
 
Preparatory & Coordination Committee of Annual Meeting of the New Champions 2008