Linyi Free Trade Zone was approved by the State Council on August 8, 2014. Approved planning area of 3.7 square kilometers， Linyi Free Trade Zone is the 41st of the nation, the 3rd of the province ，it is located in National Linyi Economic and Technological Development Area in the southeast of the city. With a short distance to seas and ports, it has advantageous location and convenient transportation. It is only 10 kilometers away from Linyi airport, about 15 kilometers away from the downtown area. It is in the vicinity of national highway 327, and in the connecting line between Changchun-Shenzhen Expressway and the Beijing-Shanghai Expressway; it plays a radiating and exemplary role of connecting the east and west, serving Qingdao, Yantai, Lianyungang and other coastal cities to its east, and Jining, Zaozhuang, Heze and other inland cities to its west. Bonded business and import and export business that could be handled only in ports in the past can now be done in the Free Trade Zone, reducing operating costs and improving the competitiveness of enterprises.
Holding on to national strategic opportunities of deepening reform and opening wider to the outside world and according to the general idea of the “major industry, mass logistics, and great service”, we view technology and innovation as the guide, financial innovation as the support, mechanism innovation as the starting point, and ecological protection as the bottom line. based in Linyi, we take a broad view of the surrounding areas like Subei and Lunan areas (northern Jiangsu Province and southern Shandong province) as well as “one zone and one belt” (Huaihai economic zone and the western economic uplift belt). With coordination inside and outside of zone, an overall layout and scientific planning, a modern service industry system will be built with strong regional service capabilities, which will drive the regional industrial transformation and upgrading. Linyi Free Trade Zone is designed to be an important international trade platform and logistics operation center which boasts prosperous trade, highly developed logistics, complete business facilities, and talents gathering. It strives to become a pilot zone of inland opening-up, a forerunner zone of scientific and technological innovation, a leading zone of financial innovation, high-end manufacturing zone, modern service demonstration zone, and a model of special supervision area of the Qingdao Customs.
Industrial planning: In the principle of “prominent features, intensive clusters, harmonious zone and sustainable development”, we spare no effort to attract high-end projects with core technologies so that they can promote the city’s transformation and upgrading of traditional industries and the formation of industrial cluster. It also helps avoid homogeneous competition and realize differentiated development when we strive to build the pilot zone of industrial transformation.
To develop bonded processing majoring in high-end electronic information, precision machinery, high-end equipment, bio-medicine and food deep processing;
To develop international trade based on Linyi Trade City to form the pattern of “buy from China, sell to all over the world, buy from all over the world, and sell to China”;
To develop bonded exhibition and bonded direct sales mainly in food, cosmetics, health care products,clothing and luxuries;
To develop bonded logistics mainly in storage, simple processing and cold-chain logistics;
To develop modern service industries mainly in cross-border e-commerce, offshore finance, financing lease, service outsourcing, and headquarters economy.