Page 548 - 2021 White Paper
P. 548
1 White Paper on the Business Environment in China
- The Fuzhou Bonded Port area has a industries such as shipping logistics, import and
planned area of 9.26 square kilometers and is export, bonded logistics, valued-added processing,
divided into two blocks. Xincuo Block focuses on service outsourcing and bulk commodities trade;
the development of advanced manufacturing (ii) build a highly efficient, convenient, green
industries (highlighting bonded automobile and low-carbon logistics network and a modern
maintenance and refit, aircraft research and shipping service system with high-quality services
development, manufacturing, operation and and complete functions; and (iii) build itself into an
maintenance), and finance leases. Jiangyin Block important international container hub port in the
focuses on the development of international Asia-Pacific region focusing on the west coast of
shipping and logistics, vehicle and spare parts the Taiwan Strait, which serves Taiwan, Mainland
import and export, bonded warehousing, and China and the rest of the world, and having the
bonded exhibitions and transactions. ability to allocate global shipping resources.
On 7 May 2020, the Fuzhou People's - The Haicang Port Area of the Southeast
Government issued the Implementation Plan for International Shipping Center covers 24.41 square
the Pilot Reform of "Separation of Certificates kilometers. It is designed to develop emerging
and Licenses" in Fuzhou Free Trade Zone to cover industries and high-end service industries, such
the whole area. It is required to comprehensively as high-tech scientific research and development,
review the business licensing matters of information consumption, airport-vicinity
enterprises, advance reform of the examination industries, international trade services, financial
and approval system on a case-by-case basis, services, professional services and cruise economy
innovate and strengthen ongoing and ex-post industries. It aims to build a regional international
supervision, create a market-oriented, law-based trade center that focuses on mainland China and
and internationalized business environment, is open to the Asia-Pacific region.
further stimulate the vitality of micro-entities, and
promote high-quality economic development. Since 2020, more than 85% of the trials in the
Xiamen Free Trade Zone have been carried out.
Up to the end of December 2019, the Fuzhou In terms of investment attraction, from January
Free Trade Zone has added 35,000 new enterprises to August this year, the Xiamen Free Trade Zone
with registered capital of 719.4 billion RMB. 1,051 added 5,629 new enterprises with registered
new foreign-funded enterprises, accounting for capital of 41.691 billion RMB. Among them, 146
43% of the new foreign-funded enterprises in the were foreign-funded enterprises, with registered
city, with registered capital of 71.7 billion RMB. capital of 5.891 billion RMB, and 3.344 billion RMB
With an area of less than 3/1000 of the city, it has of contractual foreign capital.
attracted nearly half of new foreign-funded and
Taiwan-funded enterprises in the city. On 31 March 2020, the General Office of
Xiamen People's Government issued a number
Xiamen Area of the China (Fujian) Pilot of “Measures to Promote the Development of
FreeTrade Zone Xiamen's Financing Lease Industry” to accelerate
the development of Xiamen's financing lease
The Xiamen Area covers a total area of 43.78 industry, encourage financial leasing companies
square kilometers, with a focus on building a to support the development of the real economy,
demonstration area for cross-strait emerging and expand financing channels for small, medium-
modern service industry cooperation, a southeast sized and micro businesses, transform and
international shipping center, a cross-strait region- upgrade service industries. On 13 April, the
al financial service center and a cross-strait trade Management Committee of Xiamen Area of
center. The area includes two blocks that consist of: China (Fujian) Pilot Free Trade Zone published
the “Measures to Encourage Talents to Innovate
- The core area of the cross-strait trade and Start Businesses in Xiamen Area of China
center covers an area of 19.37 square kilometers, (Fujian) Pilot Free Trade Zone” to: (i) establish a
designed to: (i) develop modern port-vicinity more open, flexible and efficient mechanism for
548
- The Fuzhou Bonded Port area has a industries such as shipping logistics, import and
planned area of 9.26 square kilometers and is export, bonded logistics, valued-added processing,
divided into two blocks. Xincuo Block focuses on service outsourcing and bulk commodities trade;
the development of advanced manufacturing (ii) build a highly efficient, convenient, green
industries (highlighting bonded automobile and low-carbon logistics network and a modern
maintenance and refit, aircraft research and shipping service system with high-quality services
development, manufacturing, operation and and complete functions; and (iii) build itself into an
maintenance), and finance leases. Jiangyin Block important international container hub port in the
focuses on the development of international Asia-Pacific region focusing on the west coast of
shipping and logistics, vehicle and spare parts the Taiwan Strait, which serves Taiwan, Mainland
import and export, bonded warehousing, and China and the rest of the world, and having the
bonded exhibitions and transactions. ability to allocate global shipping resources.
On 7 May 2020, the Fuzhou People's - The Haicang Port Area of the Southeast
Government issued the Implementation Plan for International Shipping Center covers 24.41 square
the Pilot Reform of "Separation of Certificates kilometers. It is designed to develop emerging
and Licenses" in Fuzhou Free Trade Zone to cover industries and high-end service industries, such
the whole area. It is required to comprehensively as high-tech scientific research and development,
review the business licensing matters of information consumption, airport-vicinity
enterprises, advance reform of the examination industries, international trade services, financial
and approval system on a case-by-case basis, services, professional services and cruise economy
innovate and strengthen ongoing and ex-post industries. It aims to build a regional international
supervision, create a market-oriented, law-based trade center that focuses on mainland China and
and internationalized business environment, is open to the Asia-Pacific region.
further stimulate the vitality of micro-entities, and
promote high-quality economic development. Since 2020, more than 85% of the trials in the
Xiamen Free Trade Zone have been carried out.
Up to the end of December 2019, the Fuzhou In terms of investment attraction, from January
Free Trade Zone has added 35,000 new enterprises to August this year, the Xiamen Free Trade Zone
with registered capital of 719.4 billion RMB. 1,051 added 5,629 new enterprises with registered
new foreign-funded enterprises, accounting for capital of 41.691 billion RMB. Among them, 146
43% of the new foreign-funded enterprises in the were foreign-funded enterprises, with registered
city, with registered capital of 71.7 billion RMB. capital of 5.891 billion RMB, and 3.344 billion RMB
With an area of less than 3/1000 of the city, it has of contractual foreign capital.
attracted nearly half of new foreign-funded and
Taiwan-funded enterprises in the city. On 31 March 2020, the General Office of
Xiamen People's Government issued a number
Xiamen Area of the China (Fujian) Pilot of “Measures to Promote the Development of
FreeTrade Zone Xiamen's Financing Lease Industry” to accelerate
the development of Xiamen's financing lease
The Xiamen Area covers a total area of 43.78 industry, encourage financial leasing companies
square kilometers, with a focus on building a to support the development of the real economy,
demonstration area for cross-strait emerging and expand financing channels for small, medium-
modern service industry cooperation, a southeast sized and micro businesses, transform and
international shipping center, a cross-strait region- upgrade service industries. On 13 April, the
al financial service center and a cross-strait trade Management Committee of Xiamen Area of
center. The area includes two blocks that consist of: China (Fujian) Pilot Free Trade Zone published
the “Measures to Encourage Talents to Innovate
- The core area of the cross-strait trade and Start Businesses in Xiamen Area of China
center covers an area of 19.37 square kilometers, (Fujian) Pilot Free Trade Zone” to: (i) establish a
designed to: (i) develop modern port-vicinity more open, flexible and efficient mechanism for
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