Fuzhou Pilot Free Trade Zone

Fuzhou Bonded Port was approved by the State Council on May 18, 2010 and officially opened on April 29, 2014. The bonded port, which is a part of Fujian Pilot Free Trade Zone (Fuzhou Area) in Fuqing, Fujian province, covers 9.26 square kilometers, including two blocks – Xincuo block and Jiangyin block.

Xincuo block, which covers 2.95 sq km in Xincuo town, mainly engages in advanced manufacturing industry and financial leasing. Jiangyin block, which covers 6.3 sq km in Jiangyin town, operates in international shipping and logistics, automobile import and export, warehousing and distribution.

At present, 17 modern logistics firms have settled in the bonded port, including Xiamen Superchain Logistics Co, Sinotrans Co and Fujian All-Trans Logistics Co. As well, 48 auto dealer firms, such as Yinhe International and Taiyuanhang Automobile Service Co, and 36 processing trade companies have set up in the zone.

In 2014, the bonded port’s total fiscal revenue was 333 million yuan ($48 million) with import and export volume worth $5.46 billion. Newly registered projects in the same year totaled 312, with registered capital of $684 million.

Fuzhou Bonded Port is dedicated to developing in the next three to five years into a world-class bonded port, based on improved trade investment, industrial systems, government efficiency and regulation systems.