Page 98 - 2021 Special Report
P. 98
Management Committee of Xiamen Area of medical devices, packaging materials and light
China (Fujian) Pilot Free Trade Zone published equipment manufacturing and other high-tech
the “Measures to Encourage Talents to Innovate industries.
and Start Businesses in Xiamen Area of China
(Fujian) Pilot Free Trade Zone” to: (i) establish a - The Tourism and Business Zone was set
more open, flexible and efficient mechanism for up to: (i) focus on connecting Taiwan tourism and
the introduction and use of talent; (ii) increase tourist services; and (ii) accelerate the construction
incentives and support for talent innovation and of industrial functional platforms such as coastal
entrepreneurship; (iii) provide sufficient talent and tourist, cross-strait tourism, and agricultural and
intellectual support for high-quality industrial and fishing product processing clusters.
economic development in Xiamen, a Pilot Free
Trade Zone of China (Fujian); and (iv) create a first- On 18 February 2020, the Administrative
class international business environment. Committee office of Pingtan Comprehensive
Experimental Area published the “‘Great
Pingtan Area of the China (Fujian) Pilot Investment Attraction’ Action Plan of Pingtan
FreeTrade Zone C o m p r e h e n s i v e E x p e r i m e n t a l A r e a”, w i t h t h e
following objectives and tasks centering on:
The Pingtan Area of the China (Fujian) Pilot tourism, culture, recreation and sports, logistics
Free Trade Zone covers 43 square kilometers and and trade, headquarters economy, emerging
is divided into three blocks: (i) the Port Economic industries, transformation and upgrading of
and Trade Zone (16 square kilometers); (ii) the traditional industries and other leading industries
High-tech Industrial Zone (15 square kilometers); of the experimental area. By the end of 2020,
and (iii) the Tourism and Business Zone (12 they strive to generate 100 industry planning
square kilometers). projects, sign 80 projects, introduce 300 new
projects with investments of 30 million RMB or
The Pingtan Area focuses on constructing a above (including land for more than 30 projects),
cross-strait common home and international 180 foreign investment enterprises, including
tourist island and providing facilities for the free from Hong Kong, Macau and Taiwan (150 of these
and convenient exchange of investment, trade, enterprises will be Taiwan-funded enterprises),
capital and personnel. introduce new project investments of 20 billion
RMB or more , and foreign investment projects 2
Functional positioning: billion RMB or more.

- The Port Economic and Trade Zone On 30 April 2020, the Management Committee
was set up to: (i) accelerate the construction Office of Pingtan Comprehensive Experimental
of industrial functional platforms such as port Area published the “Policies and Measures of
logistics, business service and electronic industry Pingtan Comprehensive Experimental Area to
clusters; and (ii) focus on the development of Support the Operation and Development of the
international trade, modern logistics, business Demonstration Area of Emerging Industrial Park”,
services, electronic information equipment which accelerates industrial agglomeration of the
manufacturing, etc. demonstration zones, encourages enterprises to
settle in, and provides financial service support
- The High-tech Industrial Zone was set up and various policy subsidies.
to: (i) explore cross-strait cooperation in building
high-tech industrial bases by accelerating the From January to October 2020, there were 1,563
construction of industrial functional platforms new enterprises in Pingtan Area of the Fujian Pilot
such as R&D headquarters, marine industry and Free Trade Zone, with registered capital of 33.99
high-end light manufacturing clusters; (ii) give full billion RMB.
play to policy advantages regarding place of origin;
and (iii) focus on the development of marine life,

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