Changzhou, Wujin export processing zones have been both upgraded to comprehensive free trade zones, which are waiting for the national acceptance. In the afternoon of March 12th, Changzhou municipal Party committee secretary Yan Li carried out special investigation of two comprehensive free trade zones.

Yan Li had a detailed understanding of the existing projects, function and development planning in the next stage for the two comprehensive free trade zones.

Last year, Wujin comprehensive free trade zone completed industrial output value of 8.39 billion yuan, up by 30.1% year-on-year, cargoes imported and exported amount of 20.23 million tons, and the amount of customs declaration accounted for 65% of the city. There are 9 manufacturing enterprises, 13 logistics enterprises have entered the zone, which accumulatively absorbed 501 million us dollars in industry and commerce registration capital. In the next step the zone will accelerate realization of the transformation from the processing trade to service trade, building the five centers in manufacturing, logistics, trade, research and development and exhibition. Changzhou comprehensive free trade zone has introduced 11 foreign manufacturing enterprises and 13 trade logisticsenterprises, realizing import and export value of 273 million us dollars last year. Further the zone will promote the functional integration with Changzhou port, Changzhou International Airport, and Changzhou railway, building the platforms of distribution of goods, product repair, exhibition and trade center and cross-border trade e-commerce.