novembro 3, 2024

One year into free-trade zone, Xinjiang embraces further opening up

5 minutos Edil Mohammed, who commutes daily for about an hour by bus from Yarkent, Kazakhstan, to Horgos, China, has adapted to the lifestyle of cross-border work. As the head of a branch of Kazakhstan’s Bank CenterCredit, which is located in the China-Kazakhstan International Border Cooperation Center in Horgos, northwest China’s Xinjiang Uygur Autonomous Region, he is part of a pioneering group of foreign banks that entered Xinjiang following the establishment of the China (Xinjiang) Pilot Free Trade Zone (FTZ) in November 2023. A Continue lendo→

2024 Top Free Trade Zones

23 minutos ver 90 years after the Foreign Trade Zone Act of 1934 was first established and subsequently introduced the nation’s first FTZ in Staten Island, New York, in 1936, a robust network of activity continues to flourish. In August 2024, the 85th Annual Report of the Foreign-Trade Zones Board to Congress of the United States was released, showing that Texas, Louisiana, California, South Carolina and Tennessee remained firm in their respective top five ranks for overall FTZ economic impact since 2022. Fresh data Continue lendo→