Page 36 - SCBJ-201512
P. 36
South China Business Journal

MEMBER FOCUS

China (Guangdong) Pilot Free
Trade Zone, GDFTZ, was formally
approved by the State Council and
established on 31 December, 2014.

China (Guangdong) Pilot
Free Trade Zone

Scope of Strategic Development
Implementation Positioning Targets

The scope of implementation Depend on Hong Kong and Through three to five years of
for GDFTZ is set at 116.2 km² Macao, serve the mainland experimental reforms, to cultivate
and covers three areas: Nansha and face the world, GDFTZ is a legal, market-oriented and
Area of Guangzhou, a 60 km² to become a pilot area for next internationalized business environment,
district (incorporates 7.06 km² round of economic reforms establish a new open economic system,
of Guangzhou’s Nansha Bonded nationwide, a crucial hub of realize deep economic cooperation
Port Area); Qianhai & Shekou 21st century’s maritime silk between Guangdong, Hong Kong and
Area of Shenzhen, a 28.2 km² road and an demonstrarive Macau, form a new competitive edge
district (incorporates 3.71 km² of area for deep collaboration in international economic cooperation,
Shenzhen’s Qianhai Bay Bonded between Guangdong, Hong strive to be a pilot free trade zone with
Port Area), and Hengqin Area of Kong and Macao. legal environment norms in line with
Zhuhai, a 28 km² district. high international standards, investment
and trade facilitation, exceptional
driving force in the area as well as safe
and highly efficient regulation.

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