Bonded zones to be upgraded to spur trade

Measures aim to nurture competitive advantages, promote investment

China will introduce measures to upgrade its comprehensive bonded zones in line with advanced international standards to promote trade and investment facilitation, sustain steady growth in foreign trade and investment, and nurture new competitive advantages, the State Council's executive meeting chaired by Premier Li Keqiang decided on Wednesday.

"The comprehensive bonded zones have served as a window in China's opening-up. Their special and important role in sustaining the steady growth of foreign trade and investment must be fully harnessed. We should also encourage these zones to actively expand the domestic market." Li said.