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Chenzhou export processing zone
According to relevant policies, the state gives export processing zones sufficient preferential policies, such as zero rate of value-added tax and consumption tax for production and processing enterprises in the zones, and reduction of local income tax; Raw materials, production equipment, materials needed for factory construction and office supplies purchased domestically are regarded as exports when they enter the processing zone, and export tax refund (exemption) can be handled; Except for passive export quota management, import and export quota and license management shall not be implemented for goods imported and exported between processing zones and overseas; In terms of supervision, the customs supervises the goods entering and leaving the processing zone and overseas in the way of direct or transit transportation; The customs shall go through the formalities of filing, customs declaration, inspection, release and verification for the goods entering and leaving the processing zone; The inspection and quarantine department shall conduct one-time quarantine and inspection between the port and the export processing zone.
Because the country has given enough preferential policies to export processing zones, it is very attractive to overseas enterprises, especially those from Hong Kong, Macao and Taiwan. At present, the export processing zones built in China are all industrial clusters of overseas enterprises, which have a huge "money-making effect" in overseas capital markets.
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