Ningbo Free Trade Zone

Ningbo Free Trade Zone is one of the 15 free trade zones authorized by the State Council of China，and is the only free trade zone in Zhe jiang Province.It was established by the State Council in 1992，covering an area of 2.3 square kilometers.It lies in the middle of the coastline of China，at the south of the Yangtze River Delta.

Ningbo Export Processing Area was established in June 2002 with the approval of the State Council.Taking advantage of its being“exempt from tax，license，and bonded tax”policies，the area provides a complete range of international trading，export processing，and warehousing services.The development of the Yangtze River Delta is now being catalyzed by Ningbo in the south and Shanghai in the north.In the future，Ningbo Free Trade Zone will create a more friendly international trading environment for investors.

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