Shandong profile
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Qingdao Free Trade Zone (QDFTZ) was approved by the State Council on November 19, 1992 and was set up in accord with the International Kyoto Convention. The total scheduled area is 3.8 km2. QDFTZ passed the National Customs Authority's examinations, and went into operations on March 28, 1993. This special area enjoys preferential policies and an "exemption of import and export licenses, duty-free, bonded free".
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