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The Beijing Capital International Airport Economic Zone, Tianjin Economic-Technological Development Area, Shanxi Transformation and Comprehensive Reform Demonstration Area, and Zhengzhou Airport Economy Zone are on the list jointly released by eight government bodies, including the Ministry of Commerce (MOFCOM).
Developing national demonstration zones to promote imports is an important measure to advance high-quality development in trade, carry out high-level opening-up, and expand win-win cooperation, according to MOFCOM.
The zones are responsible for promoting trade in imports, industries and consumption, and facilitating innovation in trade, such as policy innovation, service innovation and model innovation.
In recent years, China has continuously brought down the overall tariff levels, improved trade facilitation, and expanded imports.
Now, it is the second largest import market in the world. In the first half year of 2022, the proportion of Chinese imports accounted for 11.3 percent of the world's total, up 0.8 percent year-on-year and a record high, according to statistics from WTO, indicating China's enormous market and potential.
Despite the COVID-19 pandemic and complex trade situation, China is still committed to actively expanding imports and developing national demonstration zones to promote imports, said an official from MOFCOM, demonstrating the country's strong resolve to deepen opening up and promote trade liberalization.