Promote innovation in the international trade supervisory system

The zone is to accelerate the upgrading of its "single-window system" in international trade, in which cross-border traders need only submit regulatory documents at one location.

It will further enhance the efficiency and lower the costs for customs clearance. The kinds of papers needed to be checked will be reduced from 86 to 47 when entering or exiting the customs. It is expected that the time for customs clearance by the end of 2021 should be half of that in 2017.

The FTZ will improve customs inspection and release mechanisms to enhance the speed and promote the importers' independent inspection of overseas exporters and manufacturers.

It is suggested that a traceability system for export and import commodities to guarantee their quality by applying big data technologies be introduced.

Cultivate new platforms and business types

The zone is committed to developing new economic platforms, including international trade platforms and spot markets for energy sources, industrial raw materials, and bulk farm products. It will also introduce functional platforms, like enterprises' marketing, distribution and settlement centers.

It will speed up the development of cross-border e-commerce by optimizing the public service platforms in the "single-window system", increasing investment in infrastructure, and build logistics channels with high-efficiency for cross-border e-commerce. Cross-border e-commerce enterprises will report the balance and total volume of trade and detailed electronic data to the departments of foreign exchange on a monthly basis.

The plan says the zone will build a global one-stop aviation maintenance base. Aeronautical maintenance enterprises, which carry out the pilot bonded maintenance business in the FTZ's Xiamen area, will be eligible for the nation's export tax rebate policy, exempted from or have refunded their urban construction tax and additional fees. The customs duty rate for core aviation materials and parts will be reduced.

Intermediary and offshore trade will be explored and conducted in the FTZ.