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Overview

Updated: 2018-09-12 (chinaopticsvalley.com) Weibo Weixin Qzone Facebook Twitter More

Located in central East Lake High-Tech Development Zone, Wuhan East Lake Free Trade Zone is a special customs supervision area functioning as a bonded logistics area and an export processing zone. It has a planned area of five square kilometers, 1.82 square kilometers of which went into operation in 2013. 

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[Photo/wehdz.gov.cn]

People can enjoy a series of services, including duty-free imports of equipment, bonded goods, tax rebates, and VAT and consumption tax-free transactions done within the territory. 

It is free from the import and export quota license system, the bonded warehousing storage period, the bank deposit account system for processing enterprises, and foreign exchange offset procedures for imports and exports so taxes and transactions can be settled in a foreign currency or RMB.