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The city of Tianjin is the port for Beijing and its surrounding areas. And the newly approved Tianjin free trade area is expected to boost regional integration1 of Beijing, Tianjin, and Hebei Province . Analysts2 say the free trade zone has larger leeway of opening up and customs regulation.
Wu Yuanfei is the general manager of a local logistics company, which has shipping3 business around the world. The turnaround is much quicker than what it is used to be, three or four days. Jiang says he values high efficiency in customs clearing here, because the less time in transportation, the fresher his products will be.
The Tianjin Free trade zone covers around 120 square kilometers, four times as large as the Shanghai FTZ. Officials say the Tianjin FTZ has more to offer, apart from its sheer size.
Analysts say services firms are also attracted to the new FTZ due to convenience and higher efficiency. Nearly 30 legal firms are expected to set up their offices in the zone.
1 integration | |
n.一体化,联合,结合 | |
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2 analysts | |
分析家,化验员( analyst的名词复数 ) | |
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3 shipping | |
n.船运(发货,运输,乘船) | |
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