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Recently news saying #Beijing is now allowing goods from the NE province of #Jilin can be shipped to another Chinese port via #Haishenwai, or #Vladivostok, without paying import duty has generated some buzz on social media.
world.huanqiu.com/article/4CuTnb…
Recently news saying #Beijing is now allowing goods from the NE province of #Jilin can be shipped to another Chinese port via #Haishenwai, or #Vladivostok, without paying import duty has generated some buzz on social media.
world.huanqiu.com/article/4CuTnb…
The excitement is mostly due to historical reasons and the prospect that the move may boost Jilin's economy. This thread will explain what the news actually means and its context. /2
The “Cross-border transportation of domestic trade goods” policy refers to shipping goods from one 🇨🇳 location to another via a designated foreign port. It began in '07 to enhance the connectivity of the landlocked NE region, especially the provinces of #Heilongjiang & Jilin. /3
