ANHUI: Manufacturers and traders in East China’s Anhui province will find it easier to conduct foreign trade, thanks to a cooperation network on customs clearance for the Yangtze River port cities as well as the establishment of Shanghai Free Trade Zone (FTZ).
The network allows enterprises in Anhui, Zhejiang and Jiangsu provinces and Shanghai to declare to local customs before finishing verification and discharge of goods at the port where they are shipped from.
A partnering meeting was held in Shanghai, as part of Anhui and Shanghai’s efforts to carry out the customs clearance network. At the meeting, the province also promoted 31 projects worth a total of 35.6 billion yuan. They were related to construction of port facilities, port economic parks and shipping logistics.
After the establishment of the FTZ, Anhui and Shanghai are in closer cooperation.
As a result of negotiation with the Shanghai International Port Group Co., a non-stop shipping route has been launched between the container terminal of Hefei, capital of the province, and the Shanghai Waigaoqiao Port. Meanwhile, Shanghai-based shipping agents are lured into the province to expand business.
Many Anhui-based big businesses plan to move their financial, operational and marketing departments to Shanghai, in order to enjoy incentives offered to the FTZ, said the province’s commercial regulator.