20 Feb 2014
Hong Kong companies tapping into Guangxi's logistics sector: China-Vietnam border inhabitant trade zone at Dongxing, Fangchenggang
Located in downtown Dongxing, the Class 1 border checkpoint of Dongxing is the only checkpoint of its kind with both sea and land links to Vietnam, adjoining the latter’s Mong Cai checkpoint with a bridge. In 2012, 3.746 million people used the Dongxing border checkpoint while the volume of goods handled stood at 226,200 tons and the number of vehicle crossings was 20,878. In 2013, 4.425 million people crossed the checkpoint (+17% year-on-year), propelling Dongxing to become the third most heavily used land crossing in China after Lo Wu in Shenzhen and Gongbei in Zhuhai.
The Dongxing border inhabitant trade zone consists of dedicated border trade berths, joint inspection premises, a frontier trade street, warehousing and logistics facilities and a marine produce trade market. Border inhabitants are allowed to bring in not more than Rmb8,000 worth of daily necessities per person per day free of customs duty and import related taxes. Import goods include such agricultural and sideline products as peanuts, tea and tapioca starch, non-staple food such as coconut candies, dried pineapple and miscellaneous fruits and vegetables, as well as marine produce such as fish, shrimps and crabs. Export goods consist of light industrial products, textiles, home appliances, building materials and daily necessities.
Edison Lian & Wing Feng, Guangzhou office