Shenzhen Port initially establishes a free trade port by the end of 2020

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The “Some Shenzhen Municipal Government’s Opinions on Accelerating the Development of the Shenzhen Port” recently released proposes to launch a free trade port pilot in Shenzhen Port and build Shenzhen Port into a global hub of green intelligence, and build an international shipping center with Hong Kong Port. The development goals.

Shenzhen Port is the third largest container port in the world. It is also an important support for Shenzhen to accelerate the development of a higher-level, open economy and to create a preemptive zone for participation in global competition and cooperation. The opinion was put forward to carry out pilot work on free trade ports in Shenzhen Port. According to the state’s authorization to implement an intensive management system, under the premise of effective prevention and control of risks, relying on informationized supervision means, cancel or minimize the trade control measures for goods in the port area, and implement high-standard “first-line release” in the eastern and western port areas. “The second-line safe and efficient management of trade supervision system, to maximize the simplification of customs clearance procedures, research and expand the coverage of special surveillance areas, and greatly enhance the port’s international competitiveness.

According to opinions, it is planned that by the end of 2020, Shenzhen Port’s waterborne water transfer and sea-rail transport will account for no less than 26%, and the compressed cargo clearance time will be one third, initially establishing a free trade port.

The suggestion is to promote the coordinated development of the Bay Area port. Shenzhen will innovate the model of rapid clearance of Shenzhen and Hong Kong ports, carry out pilot projects of the “Shenzhen-Hong Kong Free Trade Link”, form a direct channel for logistics between Qianhai-Shekou Free Trade Zone and Hong Kong, and explore the construction of Shenzhen and Shenzhen. Combined port, to achieve the integration of port logistics services between the two places. At the same time, Shenzhen Port further strengthened its business relationship with the Guangdong, Hong Kong, and Macao Bay Area and its surrounding ports, focusing on the promotion of multiple declarations, one inspection and one pilot release of Zhongshan City, Dongguan, and Shenzhen multimodal transport, and gradually promoting the integration of ports in Dawan District.

In addition, opinions have also been introduced such as promoting efficient customs clearance, creating fresh customs clearance channels for imports, and stopping entry and exit inspection and quarantine fees.

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