18 January 2020

Guangdong FTZ to cover Baiyun airport bonded area, paper says

Guangdong province will expand its proposed free-trade zone (FTZ) to cover Baiyun airport’s bonded area in addition to the three new areas of Nansha, Qianhai and Hengqin, the China Securities Journal reported Thursday, citing unidentified sources. The entire zone will cover 931.39 square kilometers with developable area of 295.39 sq km, making it 10 times larger than the 28 sq km expected to be developed at the Shanghai FTZ. The Guangdong FTZ, which aims to interconnect with Hong Kong and Macau, will not necessarily be called the Guangdong, Hong Kong and Macao Free Trade Zone as reported in mainland papers, the report said.

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