The Ministry of Commerce of China has reiterated that existing bonded policies within special supervised zones of the country's free trade zones (FTZs) will remain unchanged, providing clarity amidst ongoing trade discussions.

During a recent press conference, spokesperson He Yongqian stated that products entering the Chinese market through FTZs are subject to the same bonded policies as before. However, when these goods leave the special supervised zones for domestic sale, relevant taxes must be paid, in accordance with regulations.

He emphasized that FTZs serve as comprehensive reform and opening-up platforms established by the Chinese government.

Since their inception, FTZs have been at the forefront of institutional innovation and high-level opening-up, introducing numerous groundbreaking reforms to foster a market-oriented, law-based, and internationalized business environment. These efforts have not only explored new paths for comprehensive deepening of reforms and expanded opening-up but also accumulated valuable experience.

The ministry's clarification underscores China's commitment to maintaining a stable and predictable trade environment, while also highlighting the ongoing role of FTZs in driving economic reforms and international cooperation.