On the morning of April 27, Yantai Bohai New Area hosted an investment promotion conference for the integrated development of the Pilot Free Trade Zone (FTZ) and Comprehensive Bonded Zone (CBZ) at the FTZ International Talent Port, aiming to further advance the integrated development of the Yantai FTZ pilot area and the Comprehensive Bonded Zone. You Rulin, Director of Yantai Municipal Bureau of Commerce, and Liu Jianmin, Deputy Secretary of the Working Committee and Deputy Director of the Administrative Committee of Bohai New Area, attended and addressed the conference. More than 100 participants attended the event, including district leaders Liu Congjie, Zhang Juhong, Zhang Limin, Chen Jun and Ji Yongbao, principal officials of sub-district offices, directly-administered departments, relevant institutions such as the Taxation Bureau and the Customs Bajiao Office, as well as representatives of key enterprises.
In his speech at the conference, Liu Jianmin stated that the integrated development of the FTZ and CBZ is a concrete measure to fully implement the spirit of the 20th National Congress of the Communist Party of China, as well as a pragmatic initiative to superimpose strategic advantages, elevate opening-up capacity and drive coordinated regional development. Since 2019, centered on the goal of "advancing integration and strengthening platform development", Bohai New Area has proactively promoted mutual integration and coordinated development between the FTZ and CBZ, making breakthroughs in institutional innovation, policy empowerment and industrial development. The area has successfully been approved as Shandong Province’s sole National Import Trade Promotion and Innovation Demonstration Zone.
Taking the 20th anniversary of the establishment of the Comprehensive Bonded Zone as an opportunity, Bohai New Area will continue to focus on three core priorities: industrial cultivation, platform construction and project investment attraction. It will systematically build "two parks and two centers" — a new-generation information technology and advanced packaging & testing industrial park, a cross-border e-commerce and bonded logistics industrial park, a bonded wine processing and coffee trading center, and an RCEP international cooperation center. The new layout will help draw a new blueprint for the integrated development of the FTZ and CBZ, and contribute to Yantai’s goal of becoming a trillion-yuan GDP city and building a more competitive modern international coastal city in the new era.
You Rulin pointed out that Bohai New Area boasts six national strategic platforms, including a national-level development zone, national comprehensive bonded zone, pilot free trade zone, national import trade promotion and innovation demonstration zone, cross-border e-commerce comprehensive pilot zone and China-South Korea Industrial Park. It serves as the vanguard and core hub for Yantai’s high-level opening-up and high-quality development.
He emphasized the need to fully leverage the area’s strengths in policies, industries and services, uphold the FTZ’s mission of "piloting institutional innovations for the country and seeking development for local regions", and give full play to the import and export policy advantages of the Comprehensive Bonded Zone. Focusing on four key areas — marine economy, China-Japan-South Korea cooperation, integrated development of zones, customs, ports and railways, and key industries — the area will accelerate institutional innovations in trade facilitation for goods, liberalization of trade in services, intellectual property protection and post-border rules. By delivering first-class services, the area will support enterprises to grow and thrive in Yantai Bohai New Area.
The conference featured a themed promotion session titled "Integrated Development of FTZ and CBZ, Joint Innovation and Win-Win Future", and released theImplementation Measures for Promoting the Integrated and Innovative Development of Yantai FTZ Pilot Area and Western Yantai Comprehensive Bonded Zone. Special policy sharing sessions were held to introduce the empowering policies of customs and taxation for the integrated development of the FTZ and CBZ, as well as the development progress of Yantai’s comprehensive service platform.
In addition, the Northeast Asia Registered Delivery Warehouse for Green Coffee Beans of the Guangzhou Commodity Exchange and its supporting coffee spot trading platform were officially put into operation. As the country’s first green coffee bean spot delivery warehouse radiating Japan, South Korea and Russia, the project is expected to achieve a trade volume of approximately 2 billion yuan by 2025. A total of 10 key projects, including those launched by Shandong Leili Digital Technology, US-based MRCOM Intelligent Technology and Hongjieda, were signed and settled in the park during the conference.
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