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China's Export Processing Zones on Right Track
China's 14 state export processing zones have been operating successfully since they were established more than one year ago, said vice commissioner of the General Administration of Customs here.
These zones have attracted 155 foreign projects, involving a total foreign investment of 1.65 billion U.S. dollars, and their combined exports are expected to reach 1.5 billion U.S. dollars this year.
The official announced the statistics at the ongoing Fifth China International Investment and Trade Fair.
The central government approved setup of 17 state export processing zones in April last year and 14 have gone into operation; three others are under construction.
The projects in the zones were mainly invested by the United States, Britain, Japan and Taiwan.
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