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China’s First Comprehensive Bonded Zone Dedicated to Developing New-Quality Productive Forces Established in Beijing E-Town

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E-Town

BEIJING, CHINA – Media OutReach Newswire – 18 September 2024 – On September 13, at the “Beijing Day” and Beijing-Tianjin-Hebei Coordinated Investment Promotion Conference during the 2024 China International Fair for Trade in Services, it was announced that the Beijing E-Town Comprehensive Bonded Zone has been approved by the State Council. With a planned area of 0.61 square kilometer, the zone will focus on advanced manufacturing and the integration of the manufacturing and service industries, becoming the nation’s first comprehensive bonded zone dedicated to fostering new-quality productive forces.
 

Kong Lei, Deputy Secretary of the Party Working Committee and Director of the Administrative Committee of the Beijing Economic-Technological Development Area (BDA), explained that the Beijing E-Town Comprehensive Bonded Zone is located in the Zhangziying Industrial Park in the southern part of E-Town New City. The area benefits from convenient transportation and is adjacent to key industry clusters in integrated circuits, autonomous driving, information technology innovation, and commercial aerospace. The zone will feature four major functional areas: bonded processing, logistics distribution, bonded R&D, and inspection and maintenance services. The first phase of land development has been completed, and the design and implementation of surrounding municipal roads and regulatory facilities for the bonded zone are underway, with the first inspection expected by 2025. The initial phase will offer 100,000 square meters of R&D, processing, and storage space, providing flexible facilities like shared laboratories and public warehouses for enterprises of all sizes.

“With the strong support of the Beijing Municipal Government, Beijing Customs, and coordination from various central departments such as the General Administration of Customs, Ministry of Finance, Ministry of Natural Resources, Ministry of Commerce, the National Development and Reform Commission, the State Administration of Foreign Exchange, and the State Taxation Administration, the State Council recently approved the establishment of the Beijing E-Town Comprehensive Bonded Zone,” said Kong Lei. “The zone will focus on advanced manufacturing and the integration of high-end manufacturing and services, with an emphasis on industrial and technological innovation. It aims to be the first comprehensive bonded zone in China dedicated to the cultivation and development of new-quality productive forces.”

The bonded zone will target industries such as precision manufacturing, R&D iteration, and repair and testing under bonded operations, while promoting diversified service trade such as financial leasing, industrial component platforms, and cross-border e-commerce. In terms of industrial function, it will emphasize “advanced manufacturing and open iteration,” building a “4+N” bonded industrial ecosystem. The “4” refers to four key areas: a global distribution center for key components with a focus on new-generation information technology; an R&D and bonded maintenance center for whole vehicles and key components, particularly in the new-energy vehicle sector; a global clinical testing and contract research organization (CRO) service hub for biopharmaceuticals; and an intelligent manufacturing line for high-end equipment, specifically targeting leading foreign-invested enterprises. The “N” represents a series of service trade platforms aimed at supporting cutting-edge industries, such as one-stop industrial supply and large-equipment leasing, setting a national benchmark for comprehensive bonded zone services.

As the country’s first fully integrated high-tech and intelligent-scenario bonded zone, Beijing E-Town Comprehensive Bonded Zone leverages the advantages of next-generation information technology, high-level autonomous driving, and 5G+ industries. It is exploring innovative applications such as smart unmanned warehouse scheduling, AI-assisted supervision, and digital archives for data assets. The zone will become a fully digitalized park throughout its construction and operation phases, promoting the digitization of all elements in production, transactions, logistics, warehousing, and supervision. Moreover, it will explore a regulatory “sandbox” mechanism for industrial development and bonded supervision, setting the benchmark for digital and intelligent innovation in comprehensive bonded zones across China.

During the “Beijing Day” event, the Beijing E-Town Comprehensive Bonded Zone signed on-site agreements with four enterprises, including Tianjin Port Group. The first group of 21 companies has signed agreements to move into the zone.

In recent years, Beijing E-Town has continued to advance reforms and innovations in science, technology, and industry, boosting the vitality of its high-tech industrial ecosystem and furthering its commitment to high-level openness. The establishment of this comprehensive bonded zone marks a significant milestone for Beijing E-Town, making it the only economic zone in China to enjoy the combined benefits of a national economic development zone, national high-tech zone, Zhongguancun National Innovation Demonstration Zone, service sector opening-up demonstration zone, free trade pilot zone, and comprehensive bonded zone.
 



 

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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