The General Administration of Customs and Guangdong Province signed a cooperation memorandum in Beijing on Monday to build a demonstration region in Guangdong for upgrading the processing trade industry.
Upgrading the processing trade is essential to deepening China's opening-up and maintaining China's international competitive edge, and it is also the earnest need of Guangdong, said Wang Yang, chief of the Guangdong Provincial Committee of the Communist Party of China.
Yu Guangzhou, minister of the General Administration of Customs, said innovations in customs management will be conducted in Guangdong to facilitate the operations of businesses.
The memorandum said innovative customs regulations will be applied in the demonstration region to encourage high-end equipment manufacturing in the region.
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Upgrading the processing trade is essential to deepening China's opening-up and maintaining China's international competitive edge, and it is also the earnest need of Guangdong, said Wang Yang, chief of the Guangdong Provincial Committee of the Communist Party of China.
Yu Guangzhou, minister of the General Administration of Customs, said innovations in customs management will be conducted in Guangdong to facilitate the operations of businesses.
The memorandum said innovative customs regulations will be applied in the demonstration region to encourage high-end equipment manufacturing in the region.
Weekly review May 12 No winners in U.S. hi-tech export controls May 12 China should view livelihood issues from strategic perspective May 11 Syria will not be another Libya May 06 Beijing-Shanghai high-speed railway to launch 10-day trial run May 14 The week in pictures May 11 2000-year-old wine unearthed in Henan province May 11 Scientist: China plans to build lunar research base May 09 Apple employee, customer reach settlement after Beijing iPad brawl May 12 Wenchuan Reconstruction: 'Chinese miracle' impresses world May 12 No winners in U.S. hi-tech export controls
