Shenzhen Export Processing Zone, which is approved by the State Council and supervised by the Customs, established in the west of Shenzhen in 2000. On March 31, 2001, it is accepted by eight ministries and commissions. By the end of March, 2005, there are 45 projects from America, Japan, France, Italy, Canada, Hong Kong, Tai wan and mainland of China, such as Hitachi, The Great Wall, Dongtai. The 45 projects cover the area of 2.19million square meters with the total investment of $663 million referring to IT, electronics, home appliance, furniture and so on. It will be one of the im
portant bases of foreign trade according to the municipal government’s plan. Shenzhen Export Processing Zone has a good geographical advantage, as it is 20 km away to Baoan Internatio
nal Airport, 25 km to Yantian internatio
nal co
ntainer port and to Guangshen railway marshalling station, 40 km to the land border ports like Wenjindu, Luohu, Huanggang.
Export Processing Zone has a The development of the processing zone attract the attention of the municipal government, it is now the most preferential tariffs, fastest customs clearance, and the most open customs supervision area.
The infrastructure in Export Processing Zone has been formed. The whole 3 square kilometers area is equipped with a full set of infrastructure service, such as water, electricity, communication network underground. Besides, the Laodawu substation and Yanziling living quarter which serve Export Processing Zone have been put into use.
The Export Processing Zone service system has been formed. Shenzhen customs, Shenzhen Entry-Exit Inspection and Quarantine Bureau have already set up the office here, and will provide investors with efficient, high-quality service.
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