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5 White Paper on the Business Environment in China
3.3 Fujian Province
Cross-Strait Trade Hub Fujian’s Major Industrial Products
National Rank (total 30 provinces/municipalities)
Directly facing Taiwan, Fujian’s coastline provides it easy
access to cross-strait trade and business. e province used to Product National Rank
be the sole hub for all air and sea transportation to Taiwan, but
several years ago the government began permitting direct links Chemical Fiber 3
with other parts of the country, following which Guangdong
and Jiangsu surpassed Fujian in terms of attracting investment Televisions 4
from Taiwan. Nonetheless, Fujian stands to gain the most
from the continuing improvement of cross-strait relations, Cloth 6
both economically and in terms of its importance to the Paper
state government. e main economic engines in Fujian are
Xiamen, Fuzhou, Quanzhou, Zhangzhou and Putian. ere Hydropower 7
are also a number of less well-known economic gems hidden Microcomputer Equipment
throughout the province.
Mobile Telephone 8
Economy
Beer 9
e economies of Fujian and Taiwan are closely related and
complementary – with the pillar industries of both regions Source: China Statistical Yearbook, 2013
consisting of electronics, petrochemicals and machinery. If
this favorable economic factor can be properly utilized, gains total industrial output value.
from the increased trade between the two regions could bene t A prime example of an equipment manufacturer
both sides amid the ongoing global economic downturn. In
May 2013, the capital city of the province – Fuzhou – set up headquartered in Fujian is Lonking Holdings, one of the
an administration o ce to handle the certi cation of origin largest construction machinery manufacturers in China
for goods made in Taiwan. (making and distributing loaders, road rollers, excavators and
forklifts). In late 2011, the company invested RMB3.5 billion
In June 2012, China’s State Administration of Industry and in an excavator manufacturing line in the Longyan Economic
Commerce issued 16 new policies to promote the development Development Zone. e project is estimated to produce
of the region and strengthen its bond with Taiwan. e new 15,000 excavators annually.
policies empowered local o ces to directly handle registration
applications and other business-related licenses for enterprises To fuel such industry, Fujian province has taken measures
funded with overseas capital, rather than going through the to promote energy production. For example, a household
Beijing o ce, and thereby making it more convenient for waste-fuelled power plant in Fuqing city was completed and
Taiwanese enterprises to gain market access. Additionally, entered operation in 2011.
the new policies newly allowed Taiwan-funded enterprises to
use traditional Chinese characters on outdoor advertisements e provincial government focuses on attracting
and register company names with Taiwanese idioms. All foreign investment in 13 industries, namely electronics and
these measures were aimed to reduce the commercial costs information technology, machinery, petrochemicals, steel
to Taiwan-funded enterprises and help to attract more large- and non-ferrous metals, shipbuilding, new energy, bio-
scale companies and projects to Pingtan. pharmaceuticals (traditional Chinese medicine), logistics,
new materials, construction materials and textiles. Other key
Historically, Fujian’s key industries have been agriculture, industries in the province include aquaculture and sheries.
footwear and clothing, but in recent years the area has
increasingly focused on high-tech and electronic goods. Spotlight on Xiamen
Fujian’s industrial clusters have become stronger in electronic While Fuzhou is the capital of Fujian province, the more
information, equipment manufacturing and petrochemicals,
with these industries accounting for more than 60 percent of southern Xiamen is one of China’s four original special
economic zones (along with Guangzhou province’s Shenzhen,
246 Zhuhai and Shantou) and a key trade hub – its port and
airport are both the third busiest in the region, behind
Guangzhou and Shenzhen.
e import and export volume connected to trade conducted
by foreign-invested enterprises takes up more than half of the
total volume in Xiamen, which in turn occupies more than half
of the total import and export volume of the entire province.
ese provide opportunities for service outsourcing enterprises
in Xiamen to open up their overseas markets.
3.3 Fujian Province
Cross-Strait Trade Hub Fujian’s Major Industrial Products
National Rank (total 30 provinces/municipalities)
Directly facing Taiwan, Fujian’s coastline provides it easy
access to cross-strait trade and business. e province used to Product National Rank
be the sole hub for all air and sea transportation to Taiwan, but
several years ago the government began permitting direct links Chemical Fiber 3
with other parts of the country, following which Guangdong
and Jiangsu surpassed Fujian in terms of attracting investment Televisions 4
from Taiwan. Nonetheless, Fujian stands to gain the most
from the continuing improvement of cross-strait relations, Cloth 6
both economically and in terms of its importance to the Paper
state government. e main economic engines in Fujian are
Xiamen, Fuzhou, Quanzhou, Zhangzhou and Putian. ere Hydropower 7
are also a number of less well-known economic gems hidden Microcomputer Equipment
throughout the province.
Mobile Telephone 8
Economy
Beer 9
e economies of Fujian and Taiwan are closely related and
complementary – with the pillar industries of both regions Source: China Statistical Yearbook, 2013
consisting of electronics, petrochemicals and machinery. If
this favorable economic factor can be properly utilized, gains total industrial output value.
from the increased trade between the two regions could bene t A prime example of an equipment manufacturer
both sides amid the ongoing global economic downturn. In
May 2013, the capital city of the province – Fuzhou – set up headquartered in Fujian is Lonking Holdings, one of the
an administration o ce to handle the certi cation of origin largest construction machinery manufacturers in China
for goods made in Taiwan. (making and distributing loaders, road rollers, excavators and
forklifts). In late 2011, the company invested RMB3.5 billion
In June 2012, China’s State Administration of Industry and in an excavator manufacturing line in the Longyan Economic
Commerce issued 16 new policies to promote the development Development Zone. e project is estimated to produce
of the region and strengthen its bond with Taiwan. e new 15,000 excavators annually.
policies empowered local o ces to directly handle registration
applications and other business-related licenses for enterprises To fuel such industry, Fujian province has taken measures
funded with overseas capital, rather than going through the to promote energy production. For example, a household
Beijing o ce, and thereby making it more convenient for waste-fuelled power plant in Fuqing city was completed and
Taiwanese enterprises to gain market access. Additionally, entered operation in 2011.
the new policies newly allowed Taiwan-funded enterprises to
use traditional Chinese characters on outdoor advertisements e provincial government focuses on attracting
and register company names with Taiwanese idioms. All foreign investment in 13 industries, namely electronics and
these measures were aimed to reduce the commercial costs information technology, machinery, petrochemicals, steel
to Taiwan-funded enterprises and help to attract more large- and non-ferrous metals, shipbuilding, new energy, bio-
scale companies and projects to Pingtan. pharmaceuticals (traditional Chinese medicine), logistics,
new materials, construction materials and textiles. Other key
Historically, Fujian’s key industries have been agriculture, industries in the province include aquaculture and sheries.
footwear and clothing, but in recent years the area has
increasingly focused on high-tech and electronic goods. Spotlight on Xiamen
Fujian’s industrial clusters have become stronger in electronic While Fuzhou is the capital of Fujian province, the more
information, equipment manufacturing and petrochemicals,
with these industries accounting for more than 60 percent of southern Xiamen is one of China’s four original special
economic zones (along with Guangzhou province’s Shenzhen,
246 Zhuhai and Shantou) and a key trade hub – its port and
airport are both the third busiest in the region, behind
Guangzhou and Shenzhen.
e import and export volume connected to trade conducted
by foreign-invested enterprises takes up more than half of the
total volume in Xiamen, which in turn occupies more than half
of the total import and export volume of the entire province.
ese provide opportunities for service outsourcing enterprises
in Xiamen to open up their overseas markets.
