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Import & export value of Kunming Export Processing Zone hits 13.78mln USD

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Kunming Export Processing Zone (KEPZ)'s import & export value has reached $13.78 million, showing an increase of 3670% over the same period last year.

The KEPZ's total planning area is 6.8 square kilometers, divided into 6 districts, using closed-end management.

The zone has produced various processed materials and sold abroad with tax freed since 2008. Besides, processing trade enterprises get tax rebates from the zone.

The zone's import & export value was only several hundred thousand U.S. dollars when it was opened. But by the end of the first half of 2010, the value rose up to nearly two million U.S. dollars. Seven enterprises have registered in the KEPZ up to September 30th.

With the participation of more enterprises, the KEPZ will develop rapidly.

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