Page 96 - 2022 Special Report on the State of Business in South China
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materials industry and strategic emerging to improve quality and efficiency in a stable manner,
industries and the digital economy in 2022. Strive and providing a strong driving force for all-round
to cultivate four industries with scale of over RMB1 efforts to promote high-quality development. It has
trillion in 2025. played an exemplary and leading role in ensuring
the “six stabilities” and “six protects”.
II. Specific Actions
In 2020, 13,810 new enterprises, including 354
The government will focus on promoting 10 foreign-funded were founded in FJFTZ. The actual
special actions, identifying responsible units and utilization of foreign investment reached US$0.6
key tasks. The 10 special actions include: leading billion. In the first half of 2021, FJFTZ continued to
brand special actions; planning and promoting attract 6,150 new enterprises, including 142 foreign-
special actions; intensive development initiatives; funded, with the utilization of foreign investment
special action for the integration of industry reaching US$0.3 billion42. In September 2021, Fujian
and education; special action on scientific and also announced its outline of the 14th Five-Year
technological innovation; special actions to support Plan (2021-2025) for FJFTZ development43. Focusing
financing; special operations for supporting on the reform and efficiency of international trade
facilities; special actions on new infrastructure and investment development, it highlights some
projects; special action on mechanism innovation; major tasks, including building a higher-level open
and special action to develop standards. economy pattern, creating high-quality industry
system, taking deeper participation into the “One
Special Economic Zones Belt and One Road” initiative, and promoting the
modernization of governance system and capacity.
China (Fujian) Pilot Free Trade Zone, FJFTZ
Fuzhou Area of the China (Fujian) Pilot Free
The China (Fujian) Pilot Free Trade Zone was Trade Zone
officially established on 31 December 2014, and the
opening ceremony was held in Fuzhou on 21 April The Fuzhou area of China (Fujian) Pilot Free Trade
2015. It covers 118.1 square kilometers, including Zone covers 31.3 square kilometers and is divided
the Pingtan Area, Xiamen Area and Fuzhou Area. into the Fuzhou Economic and Technological
The Pingtan Area is designed to: (i) be developed Development Zone (22 square kilometers) and the
into a cross-strait common home and international Fuzhou Bonded Port Area (9.3 square kilometers).
tourist island; and (ii) to provide more facilities for
the free and convenient exchange of investment, The layout of the Fuzhou Area’s "two sections
trade, capital and personnel. The Xiamen Area and seven blocks" consists of:
will be developed into a demonstration area for
cross-strait emerging and modern service industry - The Fuzhou Economic and Technological
cooperation, a southeast international shipping Development Zone has a planned area of 22 square
center, and a cross-strait regional financial service kilometers divided into five blocks. Majiang Block
and trade center. The Fuzhou Area will be developed (covering an area of 0.6 square kilometers within
into an advanced manufacturing base, an the Fuzhou Bonded Port Area) focuses on the
important platform for exchange and cooperation development of trade platforms for the 21st Century
among countries along the 21st Century Maritime Maritime Silk Road, cultural creativity, commodity
Silk Road, and a demonstration area for cross-strait exhibitions and transactions. Kuai’an Block focuses
service trade and financial innovation cooperation. on the development of high-tech industries,
industrial finance and service trade (cross-border
In 2020, the global economy has been severely e-commerce). Chang’an Block (covering an area
impacted by the COVID-19 epidemic. In the face of 42 China (Fujian) Pilot Free Trade Zone, http://ftz.
the grim domestic and foreign situation, FJFTZ gives fujian.gov.cn/article/index/aid/16433.html, http://ftz.
full play to its role as a pilot field for reform and fujian.gov.cn/article/index/aid/17111.html
opening-up, making full use of foreign investments 43 Department of Commerce of Fu-
jian, https://swt.fujian.gov.cn/xxgk/ghjh/202109/
t20210930_5699358.htm
96
industries and the digital economy in 2022. Strive and providing a strong driving force for all-round
to cultivate four industries with scale of over RMB1 efforts to promote high-quality development. It has
trillion in 2025. played an exemplary and leading role in ensuring
the “six stabilities” and “six protects”.
II. Specific Actions
In 2020, 13,810 new enterprises, including 354
The government will focus on promoting 10 foreign-funded were founded in FJFTZ. The actual
special actions, identifying responsible units and utilization of foreign investment reached US$0.6
key tasks. The 10 special actions include: leading billion. In the first half of 2021, FJFTZ continued to
brand special actions; planning and promoting attract 6,150 new enterprises, including 142 foreign-
special actions; intensive development initiatives; funded, with the utilization of foreign investment
special action for the integration of industry reaching US$0.3 billion42. In September 2021, Fujian
and education; special action on scientific and also announced its outline of the 14th Five-Year
technological innovation; special actions to support Plan (2021-2025) for FJFTZ development43. Focusing
financing; special operations for supporting on the reform and efficiency of international trade
facilities; special actions on new infrastructure and investment development, it highlights some
projects; special action on mechanism innovation; major tasks, including building a higher-level open
and special action to develop standards. economy pattern, creating high-quality industry
system, taking deeper participation into the “One
Special Economic Zones Belt and One Road” initiative, and promoting the
modernization of governance system and capacity.
China (Fujian) Pilot Free Trade Zone, FJFTZ
Fuzhou Area of the China (Fujian) Pilot Free
The China (Fujian) Pilot Free Trade Zone was Trade Zone
officially established on 31 December 2014, and the
opening ceremony was held in Fuzhou on 21 April The Fuzhou area of China (Fujian) Pilot Free Trade
2015. It covers 118.1 square kilometers, including Zone covers 31.3 square kilometers and is divided
the Pingtan Area, Xiamen Area and Fuzhou Area. into the Fuzhou Economic and Technological
The Pingtan Area is designed to: (i) be developed Development Zone (22 square kilometers) and the
into a cross-strait common home and international Fuzhou Bonded Port Area (9.3 square kilometers).
tourist island; and (ii) to provide more facilities for
the free and convenient exchange of investment, The layout of the Fuzhou Area’s "two sections
trade, capital and personnel. The Xiamen Area and seven blocks" consists of:
will be developed into a demonstration area for
cross-strait emerging and modern service industry - The Fuzhou Economic and Technological
cooperation, a southeast international shipping Development Zone has a planned area of 22 square
center, and a cross-strait regional financial service kilometers divided into five blocks. Majiang Block
and trade center. The Fuzhou Area will be developed (covering an area of 0.6 square kilometers within
into an advanced manufacturing base, an the Fuzhou Bonded Port Area) focuses on the
important platform for exchange and cooperation development of trade platforms for the 21st Century
among countries along the 21st Century Maritime Maritime Silk Road, cultural creativity, commodity
Silk Road, and a demonstration area for cross-strait exhibitions and transactions. Kuai’an Block focuses
service trade and financial innovation cooperation. on the development of high-tech industries,
industrial finance and service trade (cross-border
In 2020, the global economy has been severely e-commerce). Chang’an Block (covering an area
impacted by the COVID-19 epidemic. In the face of 42 China (Fujian) Pilot Free Trade Zone, http://ftz.
the grim domestic and foreign situation, FJFTZ gives fujian.gov.cn/article/index/aid/16433.html, http://ftz.
full play to its role as a pilot field for reform and fujian.gov.cn/article/index/aid/17111.html
opening-up, making full use of foreign investments 43 Department of Commerce of Fu-
jian, https://swt.fujian.gov.cn/xxgk/ghjh/202109/
t20210930_5699358.htm
96
