Zoom buttonMenu button

Home> Industrial Parks> WND Free Trade Zone

WND Free Trade Zone

Wuxi New District Integrated Free Trade Zone

(bizwnd.gov.cn)Updated:2015-08-12

[Photo provided to bizwnd.gov.cn]

Under the approval of the State Council, Wuxi New District Integrated Free Trade Zone, founded in April 2012, was transformed and upgraded from Wuxi Export Processing Zone. The newly-formed free trade zone covers an area of 3.497 square kilometers, of which 2.385 square kilometer-area (the first phase of its development) was approved and accepted by ten national ministries and committees including athe General Administration of Customs. Currently, the fully-featured free trade zone is a special open area enjoying high level of openness and optimal policies with its Customs-approved businesses ranging from bonded processing, bonded logistics, bonded trade, R&D, inspection and maintenance, international procurement, distribution and delivery, product exhibition to port work etc. For enterprises located in this zone, their imported goods can be registered and enjoy relevant bonded treatments in this zone while the exported ones will be treated as the imported without being imposed valued added tax (VAT). The exemption of VAT and consumption tax also applies to the products manufactured and sold in this zone or planned to export abroad.

With more than 40 approved projects and a combined foreign investment of $7.6 billion, the free trade zone has established many industrial groups characterized by large-scale integrated circuit, high-end electronics, precision machinery, modern service and so on, helping the zone to be ranked the top in terms of comprehensive strength among the special areas under national customs surveillance and the first in China in terms of total investment, land coverage, investment density, added value and comprehensive tax revenue.

In the future, based on the advanced manufacturing industry, the free trade zone will give a full play of its advantages in policy functions and move ahead to build inself into China’s first-class integrated free trade zone.

It will become a comprehensive bonded area featured by a top-class distribution center, a trade exhibition center and a maintenance center.  

 

Figures
Projects
英文
Startseite
ホーム
entest
Home
首页
Leave Your Message Here
News Center
Latest News
Notice
Survey & Poll
Interview
About WND
Overview
Why WND
Living
Contact Us
Companies
Star Companies
Programs
Recruitment
Industries
Equipment Manufacturing
Internet of Things & Cloud Computing
Renewable Energy & New Materials
Bio-Pharmaceutical
Micro-Electronics
Software & Service Outsourcing
Airport Logistics
Cultural Industry
Parks
Wuxi (National) Software Park
WND VLSI Industrial Park
Wuxi Sci-Tech Park
Wuxi MEMS Park
Wuxi Life Sci-Tech Park
WND Free Trade Zone
WND New Energy Industrial Park
Wuxi-Singapore Industrial Park
University Tech Park of Sensing Network
Innovation
R & D
T & C Services
Incubation Services
S & T Finance
Project Application
Guide
Investment Procedures
Investment Promotion
Utilities and Safety
Preferential Policies
Talent Pool
Regulatory Bodies
Advisory Institutions
Q&A
Investment Inquiries
Download
中文|日本語|Deutsch|한국어
Copyright © 2015 Wuxi New District Management Committee of Wuxi Municipal Government. All Rights Reserved. Presented by China Daily.