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Xi'an trade park gears up for FTZ debut

(chinadaily.com.cn)

Updated: 2017-02-10

Xi'an trade park gears up for FTZ debut

Xi'an Trade and Logistic Park is ready for business. [Photo/Huashang Daily]

Preparations for joining the Shaanxi free trade zone (FTZ) are well underway at the Xi’an Trade and Logistics Park in Xi’an, Northwestern China’s Shaanxi province, Huashang Daily reported on Jan 20.

The Shaanxi FTZ was approved by the country’s authorities in August and is set to go into operation later this year to boost trade and logistics business on an international level.

The park has been designated as a port of grain and meat imports and has passed the acceptance inspection, meaning the importing process will be simplified for local businesses.

Upon its completion, the park will handle Shaanxi’s first international order for grain.

Meanwhile, the park is reaching out to a number of logistics partners across the globe. It’s signed a cooperation agreement with Kouvola Cargo Handling Ltd (KCH), the largest supply chain company in Finland, to construct railway and shipping infrastructure.

It has also set up warehouses at Frankfurt Airport and Parchim Airport in Germany to lay the groundwork for cross-border e-commerce in the near future.

To create a user-friendly environment for companies, the park has cut red tape and streamlined many processes and procedures, allowing businesses to file paperwork in just one place.

Edited by Owen Fishwick

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