Page 450 - 2018 White Paper on the Business Environment in China
P. 450
8 White Paper on the Business Environment in China
Much of the Plan’s focus is placed on cooperation Generally, Taiwanese investors can enjoy the below
with Taiwan, for example in modern services such as beneficial policies:
the legal, intermediary, medical and health, cultural,
service outsourcing, commercial exhibition, shipping · Taiwanese service providers are allowed to set up
and logistics and R&D industries. The Plan encourages JV or wholly foreign-owned enterprises (WFOEs) to
the introduction of Taiwanese hospitals, rehabilitation carry out offshore call center businesses and provide
centers and retirement homes to Fujian, and Taiwanese telecom services.
residents are encouraged to start businesses and
participate in politics in Fujian. · Taiwanese investors may set up WFOE sailor
dispatch institutions in the FTZ and provide sailor
Fujian’s import/export value reached US$169.38billion dispatch services to commercial ships owned by
in 2015. Exports reached US$113.02 billion, while Taiwanese, without the establishment of a shipping
imports reached US$56.34billion. For 2016, trade management enterprise.
volume is expected to grow by 12 percent, and foreign
investment by 6 percent. · Taiwanese-invested JV travel agencies (capped at
a number of three) are now allowed to provide Taiwan
Spotlight on Fujian FTZ group travel services for Fujian residents; Taiwanese tour
guides who have lived in the FTZ for over one year will
Fujian’s FTZ, which mainly aims to strengthen the be allowed to take the Chinese tour guide exam and
province’s cooperation and economic ties with Taiwan work in China.
and further open up its financial sector for foreign
investment, was officially established in April, 2015. · Taiwanese construction WFOEs are encouraged to
undertake construction projects in Fujian Province.
Currently, the Fujian FTZ covers an area of 118.04
square kilometers and consists of the three following, · Eligible Taiwanese accountants are allowed
pre-existing development zones: to establish intermediary agencies to provide
bookkeeping services.
· Pingtan Area (43 square kilometers)
· Major industries: tourism, trade and investment · Eligible Taiwanese investors may provide online
· Xiamen (43,78 square kilometers, including Xiangyu data processing and transaction processing services
Bonded Zone and Xiamen Haicang Bonded Port) (e-commerce business only) in the FTZ.
· Major focus: China-Taiwan regional financial services
and regional aviation
· Fuzhou (31.26 square kilometers, including Fuzhou
Bonded Zone, Export Processing Zone and Fuzhou
Bonded Port)
· Major industries: advanced manufacturing, aviation
and professional services
In order to establish a ‘Taiwan Strait Industrial Cluster’,
the Fujian FTZ will fully open up its creative and medical
industries for Taiwanese investors. Meanwhile, the Free
Trade Zone will also concentrate on the development
of the financial services industry. Coupled with faster
corporate set-up procedures, the Fujian FTZ enables
foreign investors to further integrate their Greater China
operations, or to cut down on delivery times by using
the newly available Fujian-Taiwan combination.
450
Much of the Plan’s focus is placed on cooperation Generally, Taiwanese investors can enjoy the below
with Taiwan, for example in modern services such as beneficial policies:
the legal, intermediary, medical and health, cultural,
service outsourcing, commercial exhibition, shipping · Taiwanese service providers are allowed to set up
and logistics and R&D industries. The Plan encourages JV or wholly foreign-owned enterprises (WFOEs) to
the introduction of Taiwanese hospitals, rehabilitation carry out offshore call center businesses and provide
centers and retirement homes to Fujian, and Taiwanese telecom services.
residents are encouraged to start businesses and
participate in politics in Fujian. · Taiwanese investors may set up WFOE sailor
dispatch institutions in the FTZ and provide sailor
Fujian’s import/export value reached US$169.38billion dispatch services to commercial ships owned by
in 2015. Exports reached US$113.02 billion, while Taiwanese, without the establishment of a shipping
imports reached US$56.34billion. For 2016, trade management enterprise.
volume is expected to grow by 12 percent, and foreign
investment by 6 percent. · Taiwanese-invested JV travel agencies (capped at
a number of three) are now allowed to provide Taiwan
Spotlight on Fujian FTZ group travel services for Fujian residents; Taiwanese tour
guides who have lived in the FTZ for over one year will
Fujian’s FTZ, which mainly aims to strengthen the be allowed to take the Chinese tour guide exam and
province’s cooperation and economic ties with Taiwan work in China.
and further open up its financial sector for foreign
investment, was officially established in April, 2015. · Taiwanese construction WFOEs are encouraged to
undertake construction projects in Fujian Province.
Currently, the Fujian FTZ covers an area of 118.04
square kilometers and consists of the three following, · Eligible Taiwanese accountants are allowed
pre-existing development zones: to establish intermediary agencies to provide
bookkeeping services.
· Pingtan Area (43 square kilometers)
· Major industries: tourism, trade and investment · Eligible Taiwanese investors may provide online
· Xiamen (43,78 square kilometers, including Xiangyu data processing and transaction processing services
Bonded Zone and Xiamen Haicang Bonded Port) (e-commerce business only) in the FTZ.
· Major focus: China-Taiwan regional financial services
and regional aviation
· Fuzhou (31.26 square kilometers, including Fuzhou
Bonded Zone, Export Processing Zone and Fuzhou
Bonded Port)
· Major industries: advanced manufacturing, aviation
and professional services
In order to establish a ‘Taiwan Strait Industrial Cluster’,
the Fujian FTZ will fully open up its creative and medical
industries for Taiwanese investors. Meanwhile, the Free
Trade Zone will also concentrate on the development
of the financial services industry. Coupled with faster
corporate set-up procedures, the Fujian FTZ enables
foreign investors to further integrate their Greater China
operations, or to cut down on delivery times by using
the newly available Fujian-Taiwan combination.
450
