SOUTHWESTERN Guizhou province has signed a regional customs clearance cooperation agreement with Shenzhen, south eastern province Guangxi, Yunnan and southern province Zhanjiang, Xinhua reports.
Under the agreement, the four parties will join to reduce barriers in regional policies that hinder logistics add costs. Import and export transshipments from inland areas can enjoy simplified customs clearance procedures at coastal region.
Last year, Guizhou posted a foreign trade value of US$3.1 billion, up 36 per cent over 2009. Guizhou will seize this opportunity and invite coastal cities to set up "dry ports" in the province that local shippers have longed for.