FTZ helping spur coordinated growth

China (Tianjin) Pilot Free Trade Zone vows to enhance its initiatives to align with global trade standards and promote the coordinated development among Beijing, Tianjin, and Hebei province, said Tianjin's Vice-Mayor Li Wenhai.

"These efforts are expected to strengthen the new quality productive forces and solidify the FTZ's prominent position in leasing, factoring sectors, cross-border e-commerce and offshore trade," Li said during a recent news conference marking the FTZ's 10-year anniversary.

Wang Libing, vice-director of Tianjin Customs, said: "The city's Customs will play a crucial role in container shipments and streamline clearance processes through cutting-edge smart technologies. Tailored services will facilitate more cross-border transactions, and 24 new policies will facilitate the swift entry of imported fruits into Beijing, Tianjin and Hebei province. Collaborative development among the FTZs in the region (Beijing, Tianjin and Hebei province) in terms of supervision is currently underway."