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5 White Paper on the Business Environment in China

Xiamen’s more prominent service outsourcing businesses necessary for economic development so as to optimize
include information technology service outsourcing targeted the province’s import structure;
towards the Japanese market, logistics and supply chain • Strengthen the certi cation of enterprises and
outsourcing, as well as integrated circuit design, animated products entering the global market; and
games and call center service outsourcing businesses targeted • Expand cooperation with Hong Kong and encourage
towards Taiwan. Hong Kong nancial institutions to set up branches
in Fujian.
e Fujian provincial government has a standing policy to
promote the development of emerging industries, including Much of the Plan’s focus is placed on cooperation
next-generation information technology, biotechnology and with Taiwan, for example in modern services such as the
new medicine, new materials, new energy, energy-saving legal, intermediary, medical and health, cultural, service
technology, high-end equipment manufacturing, and the outsourcing, commercial exhibition, shipping and logistics
marine high-tech industry. By 2015, the provincial government and R&D industries. e Plan encourages the introduction
aims to increase the value of emerging industries to RMB300 of Taiwanese hospitals, rehabilitation centers and retirement
billion, accounting for 12 percent of Fujian’s GDP. homes to Fujian, and Taiwanese residents are encouraged to
start businesses and participate in politics in Fujian.
e province is now vigorously promoting the marine
economy as its new growth engine. Fujian initiated related pilot Fujian’s import/export value grew by 8.6 percent to
projects in 2013, targeting a total output value of the industry US$169.35 billion in 2013. Exports exceeded US$100 billion
of RMB730 billion by 2015. If achieved, this would contribute for the rst time, while imports reached US$62.85 billion (an
more than 28 percent of total regional product and turn the increase of 8.2 percent). For 2014, trade volume is expected to
province into a marine economic powerhouse by 2020. e grow by 7 percent, and foreign investment by 5 percent.
province is also set to improve the organization of its ports and
optimize resource allocation. e province’s coastal resources Spotlight on Development Zones
for building deep water berths of 10,000 tons to 30,000 tons Fujian’s development zones received great attention under
rank rst in the country; this is planned as the basis for an
ambitious move to turn Fujian an internationally competitive China’s 11th Five Year Plan, in which the State Council
shipping center. To this end, the provincial government has approved free trade port zones both in Xiamen and Fuzhou
plans to establish a special fund of RMB1 billion for the and upgraded three provincial development zones - China
development of marine economy. Merchants Zhangzhou Development Zone, Quanzhou
Economic and Technological Development Zone, Quanzhou
Fujian’s 12th Five-Year Plan encourages foreign investment High-tech Industrial Development Zone - to state level status.
in newly emerging strategic industries, modern services,
energy conservation and environmental protection, and other Fujian’s development zones are also representative of the
key industries. e Plan also aims to: province’s economy as a whole. For example, the province’s
development zones include three state-level investment zones
• Increase cooperation with large international speci cally aimed at Taiwanese businesses, located in Fuzhou,
corporations through technological cooperation and Quanzhou and Zhangzhou. Auto-parts are a major product
asset M&As; in Fujian province and this is no more clearly seen than in
Hua’an Economic Development Zone, which is home to the
• Optimize the structure of exported products by “aluminum wheel production project.” According to Fujian
encouraging the export of high-tech, electrical and government plans, this zone will develop an auto spare parts
mechanical products with independent IPR, as well industrial cluster that produces car wheels, car bearings, tires
as high added-value labor-intensive products; as well as auto glass products, among others. In addition,
several new-energy vehicles and fork-lift trucks manufacturers
• Promote the accelerated transformation and will also be housed in the area.
upgrading of the processing trade, and encourage
domestic and foreign enterprises to cooperate in e West Coast Economic Zone (also known as the Western
the expansion from simple assembly and processing Taiwan Straits Economic Zone) covers the entirety of Fujian
to the inclusion of R&D, design, core component province, as well as several cities in the Zhejiang, Guangdong,
manufacturing, and logistics; and Jiangxi provinces. e Zone, described in China’s 12th
Five Year Plan, was proposed by the Fujian government and
• Restrict the export of high-energy consumption, Chinese central government with the purpose of facilitating
high-pollution and resource-intensive products; political and economic relationships across the Taiwan Straits
and accelerating economic development along the coastal
• Encourage the import of advanced equipment and cities in Fujian province.
technologies, important resources, key component
parts and goods for daily consumption that are

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