With the acceleration of the globalization of the world economy, the opening of countries and regions is becoming more and more important to the development of the world economy. Therefore, China is actively to the challenge to build and develop a free trade zone to meet the economic globalization. As import and export enterprises play an important role, Chinese government provides many preferential and loose policies for import and export companies which registered in the free trade zone. Let's learn more!

Q:	What industries can foreign-invested import and export enterprises enter?
A:	According to the basic principle of "national treatment plus negative list management system before entry for foreign investment" in China's newly issued foreign investment law, the business scope of foreign import and export companies can span multiple industries, trade, service or consultation, but the specific business scope needs further approval.
Q:	What are the advantages of registering an Import and Export company in Shanghai FTZ?
A:	The advantages of registering an Import and Export company in Shanghai FTZ as below： (1) The newly established Lingang new area of Shanghai FTZ is more open to enterprises. “Five freedoms" are proposed, namely, the Lingang new area of Shanghai FTZ should focus on investment freedom, trade freedom, capital freedom, transportation freedom and personnel employment freedom. (2) The process of tax and registration declaration is simpler. (3) Facilitate the handling of import and export rights. Including Ministry of Commerce filing, customs registration certificate, verification, USD account, E-port, inspection, and Quarantine License, etc. (4) Enterprises registered in the Shanghai FTZ can enjoy tariff reduction and exemption policies for their products in countries with import agreements.
Q:	What is the difference between "bonded area " and "free trade zone"?
A:	The bonded area is a kind of free trade area and a specific area under customs supervision. The establishment of the bonded area must be approved by the State Council. Isolation facilities that meet the requirements of customs supervision shall be set up between the bonded area and other areas within the territory of The People's Republic of China.
Q:	What's the meaning of pre-check and "zero waiting" for imports to exit a bonded area?
A:	Cargo inspection and quarantine officials perform inspection of goods according to the application of an importer by batches and write them off on exit. Goods that pass pre-check can leave the bonded area directly without further examination.
Q:	What's the bonded product display and trading platform?
A:	Product display is one of the business activities in all bonded areas. With permission from the customs, enterprises operating in a bonded area can display their goods at designated venues. Goods for display should be presented in files to the customs for review. If an enterprise wants to exhibit products outside the bonded area, it must obtain permission from the customs according to regulations on management of imported goods.