If the goods are produced by companies in the center and exported directly or sold to other companies in the center, no value-added taxes or consumer taxes will be levied.
Any domestic goods in the center's bonded warehouses are treated as exports with the right to apply for a tax rebate. The center provides bonded warehousing for imports as well, including delivery and distribution.
Xi'an, located in the West China, enjoys the preferential policies promulgated by Chinese government for the West China Development in addition to the national preferential policies for foreign investment. Meanwhile, the local government, too, has issued and implemented some peculiar preferential policies to attract foreign investment.
For import and export with enterprises outside the zone, enterprises in the zone are not responsible for collection verification and writing-off proceeds in terms of offshore enterprises. Enterprises outside of the zone within China are responsible for collection verification and writing-off proceeds.
For enterprises within the zone, warehousing logistics cargo, office supplies used in-house and raw materials used for export processing that come from abroad are exempt from compulsory certification.
The free trade zone places no limit on storage items and time. Under the instruction of the owner who holds the rights in rem, cargo in the bonded warehouse is free from value-added tax or consumption tax in terms of delivery or marketing in the zone, other special supervision areas or regions abroad, either with or without simple processing.
A delegation from Xi'an International Trade and Logistics Park attended the eighth Central China Investment and Trade Expo in Zhengzhou, central China's Henan province on May 18.
The construction of an interchange bridge that will connect Qinhan Avenue and Xiyu Highway kicked off on May 23, as the, mayor of Xi'an, Dong Jun, attended the ground-breaking ceremony.
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