Khorgas Special Economic Zone
Khorgas Special Economic Zone is a Free Trade Zone located in Khorgas (Horgos), Xinjiang, China, established in 2005, regulated by the The Chinese side of the ICBC is administered by the Office of the Management of the ICBC “Khorgos” and the Huo'erguosi City Council, with significant involvement from Khorgos Customs..
Key Facts
| Type | Free Trade Zone |
|---|---|
| Location | Khorgas (Horgos), Xinjiang, China |
| Year Established | 2005 |
| Area | 30 hectares |
| Companies | 3,500 |
| Governing Authority | The Chinese side of the ICBC is administered by the Office of the Management of the ICBC “Khorgos” and the Huo'erguosi City Council, with significant involvement from Khorgos Customs. |
| Status | active |
Investment Incentives
The zone offers visa-free access for up to 30 days for citizens of China, Kazakhstan, and third countries. It provides duty-free trade, with China allowing duty-free export of goods up to 8,000 yuan per person per day. Key benefits also include simplified customs procedures, streamlined customs clearance processes, and its role as a hub for trade, logistics, and tourism, attracting investment and promoting economic growth.
Sector Focus
Khorgas Special Economic Zone hosts businesses specialising in Logistics and Trade.
About Khorgas Special Economic Zone
The Khorgos International Center for Boundary Cooperation (ICBC) is a unique joint project between China and Kazakhstan, established on their shared border. It functions as China's first cross-border economic cooperation zone with another country, facilitating trade, tourism, and cultural exchanges. The Chinese side covers 3.43 square kilometers and includes functions like customs clearance, logistics services, port operations, and integrated services. It operates under a visa-free and duty-free trade model, attracting businesses and shoppers.
Frequently Asked Questions
What type of zone is Khorgas Special Economic Zone?
Khorgas Special Economic Zone is a Free Trade Zone.
Where is Khorgas Special Economic Zone located?
Khorgas Special Economic Zone is located in Khorgas (Horgos), Xinjiang, China.
When was Khorgas Special Economic Zone established?
Khorgas Special Economic Zone was established in 2005.
Who regulates Khorgas Special Economic Zone?
Khorgas Special Economic Zone is regulated by the The Chinese side of the ICBC is administered by the Office of the Management of the ICBC “Khorgos” and the Huo'erguosi City Council, with significant involvement from Khorgos Customs..
What sectors operate in Khorgas Special Economic Zone?
Khorgas Special Economic Zone hosts businesses in Logistics and Trade.
What are the investment incentives at Khorgas Special Economic Zone?
The zone offers visa-free access for up to 30 days for citizens of China, Kazakhstan, and third countries. It provides duty-free trade, with China allowing duty-free export of goods up to 8,000 yuan per person per day. Key benefits also include simplified customs procedures, streamlined customs clearance processes, and its role as a hub for trade, logistics, and tourism, attracting investment and promoting economic growth.