Page 96 - 2020 Special Report on the State of Business in South China
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important international container hub port in the Pingtan Area of China (Fujian) Pilot
Asia-Pacific region focusing on the west coast of Free Trade Zone
the Taiwan Strait, which serves Taiwan, Mainland
China and the rest of the world, and having the The Pingtan Area of the China (Fujian) Pilot
ability to allocate global shipping resources. Free Trade Zone covers 43 square kilometers and
is divided into three blocks: (i) the Port Economic
- The Haicang Port Area of the Southeast and Trade Zone (16 square kilometers); (ii) the
International Shipping Center covers 24.41 square High-tech Industrial Zone (15 square kilometers);
kilometers. It is designed to develop emerging and (iii) the Tourism and Business Zone (12
industries and high-end service industries, such square kilometers).
as high-tech scientific research and development,
information consumption, airport-vicinity The Pingtan Area focuses on constructing a
industries, international trade services, financial cross-strait common home and international
services, professional services and cruise economy tourist island and providing facilities for the free
industries. It aims to build a regional international and convenient exchange of investment, trade,
trade center that focuses on mainland China and capital and personnel.
is open to the Asia-Pacific region.
Functional positioning:
As of the end of 2018, 10,600 new enterprises
with a registered capital of Rmb100 billion were - The Port Economic and Trade Zone was set
located in the Xiamen Area, of which 518 were up to: (i) accelerate the construction of industrial
newly added foreign-funded enterprises with a functional platforms such as port logistics,
registered capital of Rmb26.64 billion. Several business service and electronic industry
key projects, including those with global top clusters; and (ii) focus on the development of
500 companies such as Shell and Shuoda, were international trade, modern logistics, business
introduced. From January to July 2019, there services, electronic information equipment
were 5,099 new enterprises in the area with a manufacturing, etc.
registered capital of Rmb40.6 billion, of which 217
were foreign-funded enterprises with a registered - The High-tech Industrial Zone was set up to:
capital of Rmb9.2 billion, and contract foreign (i) explore cross-strait cooperation in building
capital was Rmb7.04 billion. high-tech industrial bases by accelerating the
construction of industrial functional platforms
In 2019, the relevant departments of the Xiamen such as R&D headquarters, marine industry and
Area committed to creating a more beneficial high-end light manufacturing clusters; (ii) give
business environment. On January 25, 2019, the full play to policy advantages regarding place
Management Committee of the Xiamen Free of origin; and (iii) focus on the development of
Trade Zone issued the “Measures for Promoting marine life, medical devices, packaging materials
the Restructuring and Listing of Enterprises in the and light equipment manufacturing and other
Xiamen Free Trade Zone of the Fujian Free Trade high-tech industries.
Pilot Zone” to provide subsidies to actively listed
companies. On September 12, 2019 the Office of - The Tourism and Business Zone was set up
the Fujian Free Trade Pilot Zone issued the “Fujian to: (i) focus on connecting Taiwan tourism and
Free Trade Zone Xiamen Area Exploration and tourist services; and (ii) accelerate the construction
Construction of an Intellectual Property Friendly of industrial functional platforms such as coastal
Free Trade Zone” with reference to international tourist, cross-strait tourism, and agricultural and
standards on building an integrated intellectual fishing product processing clusters.
property management system and creating an
innovation-first business environment. On July 10, 2019, the Office of the Fujian Pilot
Free Trade Zone issued the “Implementation
Plan for Further Promoting the Reform and
96
Asia-Pacific region focusing on the west coast of Free Trade Zone
the Taiwan Strait, which serves Taiwan, Mainland
China and the rest of the world, and having the The Pingtan Area of the China (Fujian) Pilot
ability to allocate global shipping resources. Free Trade Zone covers 43 square kilometers and
is divided into three blocks: (i) the Port Economic
- The Haicang Port Area of the Southeast and Trade Zone (16 square kilometers); (ii) the
International Shipping Center covers 24.41 square High-tech Industrial Zone (15 square kilometers);
kilometers. It is designed to develop emerging and (iii) the Tourism and Business Zone (12
industries and high-end service industries, such square kilometers).
as high-tech scientific research and development,
information consumption, airport-vicinity The Pingtan Area focuses on constructing a
industries, international trade services, financial cross-strait common home and international
services, professional services and cruise economy tourist island and providing facilities for the free
industries. It aims to build a regional international and convenient exchange of investment, trade,
trade center that focuses on mainland China and capital and personnel.
is open to the Asia-Pacific region.
Functional positioning:
As of the end of 2018, 10,600 new enterprises
with a registered capital of Rmb100 billion were - The Port Economic and Trade Zone was set
located in the Xiamen Area, of which 518 were up to: (i) accelerate the construction of industrial
newly added foreign-funded enterprises with a functional platforms such as port logistics,
registered capital of Rmb26.64 billion. Several business service and electronic industry
key projects, including those with global top clusters; and (ii) focus on the development of
500 companies such as Shell and Shuoda, were international trade, modern logistics, business
introduced. From January to July 2019, there services, electronic information equipment
were 5,099 new enterprises in the area with a manufacturing, etc.
registered capital of Rmb40.6 billion, of which 217
were foreign-funded enterprises with a registered - The High-tech Industrial Zone was set up to:
capital of Rmb9.2 billion, and contract foreign (i) explore cross-strait cooperation in building
capital was Rmb7.04 billion. high-tech industrial bases by accelerating the
construction of industrial functional platforms
In 2019, the relevant departments of the Xiamen such as R&D headquarters, marine industry and
Area committed to creating a more beneficial high-end light manufacturing clusters; (ii) give
business environment. On January 25, 2019, the full play to policy advantages regarding place
Management Committee of the Xiamen Free of origin; and (iii) focus on the development of
Trade Zone issued the “Measures for Promoting marine life, medical devices, packaging materials
the Restructuring and Listing of Enterprises in the and light equipment manufacturing and other
Xiamen Free Trade Zone of the Fujian Free Trade high-tech industries.
Pilot Zone” to provide subsidies to actively listed
companies. On September 12, 2019 the Office of - The Tourism and Business Zone was set up
the Fujian Free Trade Pilot Zone issued the “Fujian to: (i) focus on connecting Taiwan tourism and
Free Trade Zone Xiamen Area Exploration and tourist services; and (ii) accelerate the construction
Construction of an Intellectual Property Friendly of industrial functional platforms such as coastal
Free Trade Zone” with reference to international tourist, cross-strait tourism, and agricultural and
standards on building an integrated intellectual fishing product processing clusters.
property management system and creating an
innovation-first business environment. On July 10, 2019, the Office of the Fujian Pilot
Free Trade Zone issued the “Implementation
Plan for Further Promoting the Reform and
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