Hebei Free Trade Zone
Hebei Free Trade Zone is a Free Trade Zone located in Tangshan, China, established in 2019, regulated by the Caofeidian Area Management Committee (under Tangshan Municipal Government).
Key Facts
| Type | Free Trade Zone |
|---|---|
| Location | Tangshan, China |
| Year Established | 2019 |
| Area | 119.97 hectares |
| Companies | 6,169 |
| Governing Authority | Caofeidian Area Management Committee (under Tangshan Municipal Government) |
| Status | active |
Investment Incentives
The HBFTZ focuses on institutional innovation, facilitating trade and investment, fostering high-end and high-tech industries, promoting financial services openness and innovation, and achieving coordinated regional development. It also implements a negative list approach for foreign investment management, with specific incentives including reduced tax rates, expedited administrative procedures, and relaxed investment restrictions.
Sector Focus
Hebei Free Trade Zone hosts businesses specialising in Manufacturing and Services.
About Hebei Free Trade Zone
The China (Hebei) Pilot Free Trade Zone (HBFTZ) was approved by the State Council on August 26, 2019, as one of China's pilot free trade zones. It aims to promote coordinated development with Beijing and Tianjin, serving as a hub for international commercial logistics, a new industrial base, a highland of innovation, and a pioneer area for opening-up. The zone covers 119.97 square kilometers and includes four areas: Xiongan, Zhengding, Caofeidian (Tangshan), and Daxing Airport.
Frequently Asked Questions
What type of zone is Hebei Free Trade Zone?
Hebei Free Trade Zone is a Free Trade Zone.
Where is Hebei Free Trade Zone located?
Hebei Free Trade Zone is located in Tangshan, China.
When was Hebei Free Trade Zone established?
Hebei Free Trade Zone was established in 2019.
Who regulates Hebei Free Trade Zone?
Hebei Free Trade Zone is regulated by the Caofeidian Area Management Committee (under Tangshan Municipal Government).
What sectors operate in Hebei Free Trade Zone?
Hebei Free Trade Zone hosts businesses in Manufacturing and Services.
What are the investment incentives at Hebei Free Trade Zone?
The HBFTZ focuses on institutional innovation, facilitating trade and investment, fostering high-end and high-tech industries, promoting financial services openness and innovation, and achieving coordinated regional development. It also implements a negative list approach for foreign investment management, with specific incentives including reduced tax rates, expedited administrative procedures, and relaxed investment restrictions.