junho 27, 2018

China to push further ahead with free trade pilot zone reforms

China to push further ahead with free trade pilot zone reforms

2 minutos For the last four decades, China has been opening up more to the world. And now, perhaps it’s accelerating the pace. The government plans to push further ahead with free trade pilot zone reforms in Fujian and Guangdong provinces and Tianjin Municipality. Guangdong Province will focus on strategies to advance the Guangdong-Hong Kong-Macao Great Bay Area and create an open financial region. It proposes 18 measures, including further liberalization of the trade in services with Macao and Hong Kong. Fujian Province will Leia mais

The ABCs of Production in FTZs

The ABCs of Production in FTZs

menos de 1 minuto A foreign-trade zone (FTZ) is a defined physical area within the United States that, for customs entry purposes, is treated as if it is outside U.S. borders. Companies may use FTZs for both storage/distribution activities or, after specific authorization by the U.S. FTZ Board, for production. In FTZs, “production” is considered to be anything that results in a substantial transformation of an article or that changes its HTSUS classification (6-digit) or eligibility for entry. Leia mais