Notice from the Shanghai Development and Reform Commission that the duty free port will be built by 2020.And one of China's first bonded port Yangshan Port to be built a free port in line with international practice.

Freeport (free port) refer to all or most of foreign goods duty-free access to the port can be zoned in a country's customs territory (the "customs territories") outside.

Of particular concern is that, for a free port, the foreign goods entering and leaving ports, inter exempted from tariffs, but also the host country in compliance with relevant policies and decrees under the premise of freedom within the port modification, processing, long-term storage or sale. This is why imported goods as a free port cities like Hong Kong, cheaper reasons.