Beijing Int'l Airport gets FTZ, to strengthen logistics competitiveness
30 Dec '05
3 min read
In the era of globalization, an airport is no longer just a place for aircraft landing. It should also serve as a logistics centre, Liu said. Unfortunately, about two-thirds of international cargo logistics business of Beijing and Tianjin are snatched up by Japan and South Korea, Liu said.
Liu added that it's not because they don't have enough capacity or they don't have enough international flights. It's because of the barrier created by taxes, customs duties and complicated clearance procedures.
A free trade zone within the Beijing airport, Liu said, will not only help attract investment into Beijing and boost the local economy, but also level the playing field for China to compete with Japan and South Korea.
The establishment of the bonded area is part of CAH's plan to build a 'capital aviation town,' which will cover a total area of 100 square kilometres. The aviation town is expected to have various functions, ranging from airport operation and logistics, to residential and entertainment, Liu said.
Ministry of Commerce of the People's Republic of China
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