Frontier trade zone between China and North Korea will open in October

Almaty. August 25. Silkroadnews - frontier trade zone between China and North Korea will open in October, the Xinhua news agency reported.
It is noted that the total investment in the construction of the first in Liaoning Province border trade zone, which will cover the state, provincial and municipal preferential policies, reach 1 billion yuan (US $1 = RMB 6.40). In the new area will also be created a comprehensive e-commerce platform.
New border trade zone will be located in the new district of Dandong on an area of ​​40 thousand sq. m, construction area will reach 24 thousand sq. m.
"The local people living within 20 kilometers from the land border in Dandong, have the right to engage in exchange of goods with the people of North Korea, each person is allowed to import duty-free goods on a daily basis in an amount not more than 8 thousand yuan", - reminds agency.