Study On The Target Mode Of Transformation Development For China's Bonded Areas

Chinese government initiated its establishment of Bonded Areas in the early 1990's. After years of development, the Bonded Areas now play a significant role in bridging together the domestic and international markets, promoting international trade, attracting foreign investment and technical know-how as well as triggering the development of port-related industries. However, with the emergency of the New Customs Special Regulatory Regions and especially after China's accession to the World Trade Organization, the future development of Bonded Areas is confronted with multiple new challenges. Serving as the frontier sentries from where China steps into the international competition arena and a meeting ground for domestic and international markets, how to brace up for these challenge? How can Bonded Areas get tracked into the world economy in a quick and smooth way? These are exactly the questions that China has to find quick answers to on its way of further opening-up.Basing on a comparative analysis between overseas Free Trade Zones and Bonded Areas in China, the dissertation makes a general research on a number of relevant issues, such as the goal mode of the transformation development and the management mechanisms, from a macro-perspective point of view. The objective of the dissertation is by proposing short-term objectives and long-term goal of two-step strategy, to make theoretical probes regarding the target mode of integration development for Bonded Areas to Free Trade Zones, which consequently will provide theoretical guidance in the practical work, thus helping us find a convenient and cost-effective route that we shall follow in our attempts to transform Bonded Areas to Free Trade Zones, which should be both suitable to China's actual situations and compatible to the international standard practices.The dissertation adopts a research approach mixing comparative analysis and normal analysis together. It conducts its argument through a clue of the historical development of Bonded Areas. The deductive steps that thread the whole paper are as follows: First, through the review of the development of Bonded Areas, the paper analyses its nature and effectiveness. Secondly, the paper explains the existing problems in the development of Bonded Areas and points out that the necessity and feasibility of Bonded Areas'transformation development through comparing with many aspects of foreign Free Trade Area. Finally, drawing on the successful experience of free trade zones overseas, the paper explores the target mode of integration development for Bonded Areas and the way to achieve it.