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The City of Qingdao lies
in the south of Shandong peninsula,Which a vital economic
city in China and Coastal Open City as well.Qingdao is
qualified for Province-level economic administrative function.
Qingdao Port is a composite intermational port with
a capacity of more than 100 million tons.Up to now the
port has opened several container sea courses connecting
Japan,Korea,Southeast Asia,Europe,America and Mediterranean
Sea,and the container throughput of which has broken through
3.41 million TEU,ranking top 15th in the world. |
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Export Processing Xone(EPZ)enjoys the most preferential
policies granted by the state,operated under the most standard
management,Whose function is in the extreme complying with
the intermational practice compared to the other existing
development zones in China.QDEPZ was apporved to be established
by China State Council in March 2003 and will be in operation
after the check and verification by the relevant state ministries
and committee in Octomber 2003.
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QDEPZ lies in the center of industry
clustering area along the jiaozhou Bay,with a planned area
of 2.8 sq km inclusive of 1.7sq km in the first phase.It is
comprised of Processing Block,Warehouse Block,Office Building
Block and Customs Supervision Facilities Block.QDEPZ will
perfect and support the industry clustering area along Jiaozhou
Bay.
IT industry,precision machinery,new
type material and refined chemicals are encouraged in QDEPZ.Export
processing-oriented companies with large investment and high
technology will be reated as major introduced ones.
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| Geographic
Advantage QDEPZ is superb with convenient
tri-dimensional traffic network, which is the inevitable course
to the outside.
Airport:QDEPZ is only 19km
away from Liuting Airport that has 98 domestic airlines connecting
directly with more than 40 cities in China. International
airlines consist of Tokyo, Osaka, Fukuoka, Seoul, Bussan,
Dagu, Singapore, Bangkok, Hong Kong and Macao with annual
throughput exceeding 3.22 million person-time accounting for
over half of the amount in Shandong Province.
Ports:QDEPZ is 33km away from
Qingdao Port and 36km from Qianwan Port. Up to now Qingdao
Port has perfected several container sea routes connecting
with Japan, Korea, Southeast Asia, Europe, America and Mediterranean
Sea. Qingdao Port has become the biggest container transferring
port in China.
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EPZ and
Other Industrial Parks
Item |
EPZ |
Industrial Parks |
Import of productive equipment,
spare parts, moulds, infrastructure materials
and office consumables |
Duty-free and import VAT-free |
Tariff is levied as regulated
unless business scope is in the category of the
＾Encouraged Industry Catalogue￣. |
Speed of customs clearance |
Customs operates 24 hours |
Normally within 48 hours |
Raw materials import for processing |
Materials bonded, only ＾Record
System￣ adopted |
Registration Manual / Bank
Deposit Account / Customs declaration needed |
Domestic purchase |
egarded as export, the customs
issues ＾Customs Declaration Sheet on Export Refund￣ |
VAT is levied in terms of
domestic sale |
Export after processing |
VAT free |
VAT refunded after levied |
Settlement of Materials |
Settled every half a year |
Settled with every Registration
Manual |
Foreign Exchange settlement |
Not required |
Settled as regulated |
Quota and Licenses |
Not required for import |
As regulated |
Water, electricity, gas |
(VAT) refunded |
Not refunded |
Transportation cost |
Expenses on container
transportation are the same within 50 km. But
beyond the scope 5 RMB is charged per km. QDEPZ
is in the area of the lowest Transportation cost
because it is only 36 km distance to Qianwan Port. |
Administrative charges |
＾Null Charges￣ policy |
Charged as regulated |
Fees involved in administrative
formalities |
QDEPZ Administrative Committee
is conferred on the right of city-level Industry
& Commerce administrative, foreign project
approval, equipment import, labor export approval,
appraisal of ＾high-tech and export enterprise￣,
environment conservation approval, inspect and
check & pass. Fees can be saved to the minimum. |
No city-level economy administrative
function |
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