The newly established Linyi Comprehensive Bonded Zone is located in the east of National Economic and Technological Development Zone, with its total planning area reaching 22 square kilometers.
Linyi Comprehensive Free Trade Zone has a total planning area of 22 square kilometers. It enjoys the special policies involving tax exemption, protective trade, tax refund, centralized customs declaration with bonded processing, bonded ware house, bonded logistics, port operation, integrated services and other functions. On Sep. 25th, 2015, Linyi Comprehensive Free Trade Zone was successfully passed the acceptance check executed by the General Administration of Customs and other nine ministries and commissions.
Since Opinions on relevant policies to encourage investment or companies to enter into economical zones has been issued by the Chinese government, Linyi Comprehensive Bonded Zone has attracted many world famous enterprises to invest in Linyi. To name a few, there are Korea ShiXiang International Co. Ltd., Taiwan Quanta Computer Ltd., Foxconn Technology Group, Sylvan Foods Holdings Inc., Poh Tiong Choon Logistics Ltd., and etc.
