South Waigaoqiao Free Trade Zone is a bustling commercial hub located in the eastern part of Shanghai, China. This free trade zone was established in 1990 and covers an area of approximately 10.3 square kilometers. It is strategically located near the Yangshan Deep-Water Port, which is one of the busiest ports in the world.
The South Waigaoqiao Free Trade Zone is home to a wide range of industries, including electronics, machinery, pharmaceuticals, and logistics. It is also a popular destination for foreign investors due to its favorable tax policies and streamlined customs procedures. The zone is divided into several sections, each with its own specific focus. For example, the Waigaoqiao Bonded Logistics Park is a designated area for international trade and logistics, while the Waigaoqiao International Exhibition and Trading Center is a hub for trade shows and exhibitions.
The South Waigaoqiao Free Trade Zone is well-connected to the rest of Shanghai via a network of highways, railways, and airports. The Shanghai Pudong International Airport is just a short drive away, making it easy for businesses to import and export goods. The zone also has its own metro station, which connects it to the city's subway system.
In addition to its commercial activities, the South Waigaoqiao Free Trade Zone is also home to several residential communities, schools, and recreational facilities. The zone has a vibrant cultural scene, with art galleries, museums, and theaters showcasing the best of Chinese and international culture.
Overall, the South Waigaoqiao Free Trade Zone is a dynamic and thriving business hub that offers a range of opportunities for both local and international businesses. Its strategic location, favorable policies, and world-class infrastructure make it an attractive destination for investors looking to tap into the Chinese market.
