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The only duty-free port area on the coast of western China has been accepted
The second and third stages of the construction of infrastructure facilities of the Qingzhou Duty Free Port Zone in the Guangxi Zhuang Autonomous Region / GCHAR, South China / on Thursday passed an interdepartmental acceptance. This means the beginning of a new stage in the construction of a free trade port, a regional hub of international transport and a tolling trade base, focused on cooperation with ASEAN.
Duty-free port area of Qinzhou, which covers an area of 10 sq. Km. km, will be the only one on the coast of western China and the closest to the ASEAN countries such a zone. Its creation was approved by the State Council of the People's Republic of China 29 May 2008. Total planned three stages of construction.
According to the head of the administration of the duty-free zone, Cao Kunhua, 16,8 billion yuan / 1 yuan is currently invested in the construction of the zone. A deep-water channel has already been constructed, through which vessels with a displacement of 6,16 thousand tons can pass. The construction of 100 berths capable of serving container ships and other large vessels with tonnage over 8 thousand tons has been completed. Some infrastructure facilities and oil tanks with a capacity of 100 million cubic meters are ready.
The first phase of the zone of an area of 2,5 thousand square meters. km was opened 16 February 2011 year. In January-July of this year, the cargo turnover of the port of duty-free zone amounted to 10 million 963 thousand tons, an increase of 23 percent compared to the same period last year. The total volume of exports and imports reached here 1,33 billion US dollars with an increase of 2 times.