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Export from China's Kunshan export processing zone up 9.3%

(Xinhua)
Updated: 2009-09-24 10:51

Kunshan export processing zone (EPZ) in east China's Jiangsu Province saw export volume up 9.3 percent during the first eight months this year, according to the General Administration of Customs (GAC) Wednesday.

The export volume of Kunshan EPZ, which covers 1.86 sq km, stood at $16.53 billion by September this year, GAC said.

The Zone is expected to produce 60 million laptops, 50 percent of the world's total, and 15 million digital cameras, one eighth of the total this year, GAC told Xinhua.

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The GAC's statistics showed trade volume of Kunshan EPZ reached $23 billion during the first eight months this year, up 2 percent year on year.

GAC defines EPZ as special supervision and administration zones of customs enjoying the most favorable treatment in policy, convenient customs service, simplified administrative procedures and sound facilities.

Kunshan EPZ was established on September 15, 2000 as China's first EPZ. By now, 60 EPZs are in operation in China, according to the website of the China Free Trade Export Association.