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What does Shenzhen Futian Free Trade Zone mean?

Bonded Area (the low-tax; tariff-free zone; tax-protected zone) is also called the bonded warehouse area. This is an area set up by a country's customs or approved and registered by the customs, and subject to customs supervision and management, where goods can be stored for a long time. It is an economic area established with the approval of the State Council and subject to special supervision by the customs. It is currently the most open and free economic area in my country.

Shenzhen

Shenzhen, also known as Pengcheng, is a city under the jurisdiction of Guangdong Province. It is located in the south of Guangdong Province, on the east coast of the Pearl River Delta, separated from Hong Kong by a water, and adjacent to Daya Bay and Dapeng to the east. Bay, bordering the Pearl River Estuary and Lingding Ocean to the west, connected to Hong Kong across the Shenzhen River to the south, and bordering Dongguan and Huizhou to the north.