Page 102 - 2022 Special Report on the State of Business in South China
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billion51. In the first 9 months of 2021, Pingtan’s
GDP reached RMB22.5 billion with 6.6% YoY growth
and import and export trade continued to recover
from the pandemic, exceeding RMB14.8billion with
90.3% YoY growth52. In July, the government of
Pingtan issues its high-quality development plan for
tourism, which indicates during the 14th Five-Year
Plan, Pingtan will emphasize on constructing an
international tourism island. By 2023, focusing on
enhancing the integration of tourism and culture,
Pingtan will provide international level of tourism
products and services for over 8 million tourists
and achieve tourism revenue of over RMB10 billion.
By 2025, the construction of Pingtan international
tourism island will be basically completed. Pingtan
is expected to become an internationally renowned
resort and a forefront of “One Belt and One Road”
initiative with improved international influence
and competitiveness. The annual tourists will
reach 10 million with total revenue of tourism to
RMB15 billion, and the proportion of value-added
of tourism will account 14% of GDP53.
Summary
Fujian Province promotes economic growth
through demand and supply-side reforms,
improving the quality of economic development,
reducing corporate taxes, fees, production and
operating costs, and creating a more convenient
and fair business environment. Fujian Province
focuses on supporting the development of the
financial industry, lending foreign exchange
registration management, introducing foreign
investment, promoting foreign investment and
trade facilitation, and improving the level of
opening-up. Fujian Province will build a cross-
strait integration demonstration zone, strengthen
economic, technological and talent cooperation,
and create opportunities for cross-strait integration.
51 Administration of Fuzhou area of China (Fu-
jian) Pilot Free Trade Zone, http://fzftz.fuzhou.gov.cn/
zz/xwzx/qydt/202106/t20210615_4119798.htm
52 Government of Pingtan, http://www.pingtan.
gov.cn/jhtml/ct/ct_2971_102558
53 Government of Pingtan,
102
GDP reached RMB22.5 billion with 6.6% YoY growth
and import and export trade continued to recover
from the pandemic, exceeding RMB14.8billion with
90.3% YoY growth52. In July, the government of
Pingtan issues its high-quality development plan for
tourism, which indicates during the 14th Five-Year
Plan, Pingtan will emphasize on constructing an
international tourism island. By 2023, focusing on
enhancing the integration of tourism and culture,
Pingtan will provide international level of tourism
products and services for over 8 million tourists
and achieve tourism revenue of over RMB10 billion.
By 2025, the construction of Pingtan international
tourism island will be basically completed. Pingtan
is expected to become an internationally renowned
resort and a forefront of “One Belt and One Road”
initiative with improved international influence
and competitiveness. The annual tourists will
reach 10 million with total revenue of tourism to
RMB15 billion, and the proportion of value-added
of tourism will account 14% of GDP53.
Summary
Fujian Province promotes economic growth
through demand and supply-side reforms,
improving the quality of economic development,
reducing corporate taxes, fees, production and
operating costs, and creating a more convenient
and fair business environment. Fujian Province
focuses on supporting the development of the
financial industry, lending foreign exchange
registration management, introducing foreign
investment, promoting foreign investment and
trade facilitation, and improving the level of
opening-up. Fujian Province will build a cross-
strait integration demonstration zone, strengthen
economic, technological and talent cooperation,
and create opportunities for cross-strait integration.
51 Administration of Fuzhou area of China (Fu-
jian) Pilot Free Trade Zone, http://fzftz.fuzhou.gov.cn/
zz/xwzx/qydt/202106/t20210615_4119798.htm
52 Government of Pingtan, http://www.pingtan.
gov.cn/jhtml/ct/ct_2971_102558
53 Government of Pingtan,
102
