Guangdong Provincial government signed a cooperation memorandum with General Administrative of Customs in Beijing in mid-May to jointly establish national demonstration zone of transformation and upgrading of processing trade and to promote development mode of transformation.

As advancing the construction of demonstration zone, General Administrative of Customs will also accelerate the electronic networking management of foreign economy and trade, Customs and processing trade enterprises, and realize on-internet operation and online service of applying for Customs approval, registration, declaration and verification.

At present, there are about thirty-three processing trade enterprises in actual operation in Guangdong. The imports and exports volume of processing trade in the entire province reached 446.08 billion dollar, accounting for 56.9% of imports and exports volume of the province and 38.5% of national total.