China (Yunnan) Pilot Free Trade Zone (Honghe Area)
Honghe Area of China (Yunnan) Pilot Free Trade Zone (FTZ) is a regional FTZ established by Yunnan Province. Located in Hekou County, it is a part of China (Yunnan) Pilot FTZ. Honghe Area of China (Yunnan) Pilot FTZ was established officially on August 30, 2019, with an area 14.12 square kilometers (including 4.02 square kilometers of Hekou Border Economic Cooperation Zone). Honghe Area is ranged to the bank of Nanxi River in the east, Nanxi River port in the south, the bank of Honghe River in the west and No. 7 Team of Basa Farm in the north.
Focused on institutional innovation and in line with the fundamental requirements for replication and promotion and comprehensively fulfilling the requirements of the central government concerning opening up in border areas, Honghe Area of China (Yunnan) Pilot FTZ highlights on creating the main passageway to link the Belt and Road and the Yangtze River Economic Delta, building an important node to link the South and Southeast Asia Passageway, and promoting to form a pivot and frontier for China to open up to South and Southeast Asia. After making explorations in the upcoming 3-5 years, align with internationally advanced rules, accomplish more institutional innovation results with international competitiveness, promote quality, efficiency and driving force reforms of economic development, and strive to build a high standard and high quality FTZ, which has facilitated trade and investment, convenient transportation and logistics, free flow of factors, financial services innovation and completion, safe and highly efficient supervision, top-class ecological environment and quality, and a remarkable pivot role.
The five functional areas of Honghe Area of China (Yunnan) Pilot FTZ are the import & export processing and trade zone, cross-border e-commerce logistics zone, green food processing & trade zone, tourism culture, medical treatment and financial service zone, and entrepot trade zone. Honghe Area strengthens interactive development with Honghe Comprehensive Bonded Zone and Mengzi Economic and Technological Development Zone, and highlights on developing processing & trade, big health services, cross-border tourism, cross-border e-commerce, etc., and spares no efforts to build a processing and manufacturing base targeting at ASEAN, the trade and commerce logistics center and China-Vietnam Economic Corridor Innovation and Cooperation Demonstration Zone. In line with the needs for further opening up and development, establish the special customs supervisory zone in Honghe Area, realize the interactive development of Honghe Comprehensive Bonded Zone and Mengzi Economic and Technological Development Zone, work hard to link industries and zones, and realize the integrated development of "border areas, industries and cities".
HKC Electronics (Shenzhen) Limited, Yunnan Runsheng Technology, Fujian Zhangzhou Orchards, Gaobao Garment Factory, etc. have settled down in the zone, involving electronic product research & development and production, agricultural and sideline product intensive processing, spare parts of machinery and equipment, technology development and services, clothing & accessories, art crafts manufacturing and processing, etc.
