昆明综合保税区情况简介Profile of KMFTZ
The Kunming free trade zone (KMFTZ) was established on February 3, 2016 upon the official approval of the State Council. This is another important step in Kunming’s accelerated development after the release of the Some Opinions on Supporting Yunnan’s Accelerated Development to Establish Itself as China’s Gateway Open to the Southwest, and also a “new engine” that drives Kunming to implement the “The Belt and Road Initiative”, adapt to the “new normal”, and pursue new development.
With a total planned area of 2 km², KMFTZ is divided into Direct 1 and District 2.
District 1 is built based on the original Kunming Export Processing Zone which was established in June 2005 upon the approval of the State Council, and opened in February 2008. Covering an enclosed area of 0.58 km², District I primarily consists of supervised bonded warehouses, standard bonded workshops, office buildings, shift workers’ dormitory, and power distribution facilities. Companies in this district are mainly engaged in jewelry manufacturing, electronic information, solar power, biological food, and pilot training.
District 2 is now under construction. Standing near Kunming Changshui International Airport, the district is built in the middle of the Kunming Airport Economic Zone Airport-Based Industrial Belt on an planned area of 1.42 km². The district is divided into several functional areas such as the bonded area, port area, and comprehensive service area. The first phase works are expected to be completed at the end of 2016 and then come into operation upon national approvals.