Page 98 - 2022 Special Report on the State of Business in South China
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of 1.1 square kilometers within the Fuzhou Export Xiamen Area of the China (Fujian) Pilot
Processing Zone) focuses on the development Free Trade Zone
of processing trade, bonded warehousing and
cold chain logistics. Langqi Block focuses on the The Xiamen Area covers a total area of 43.8
development of tourism, education and training, square kilometers, with a focus on building a
health and medical treatment. Nantai Island Block demonstration area for cross-strait emerging and
focuses on the development of cross-strait financial modern service industry cooperation, a southeast
services innovation, professional exhibition services, international shipping center, a cross-strait regional
commodity exhibitions and transactions. financial service center and a cross-strait trade
center. The area includes two blocks that consist of:
- The Fuzhou Bonded Port area has a planned
area of 9.3 square kilometers and is divided into 2 - The core area of the cross-strait trade
blocks. Xincuo Block focuses on the development center covers an area of 19.4 square kilometers,
of advanced manufacturing industries (highlighting designed to: (i) develop modern port-vicinity
bonded automobile maintenance and refit, aircraft industries such as shipping logistics, import and
research and development, manufacturing, export, bonded logistics, valued-added processing,
operation and maintenance), and finance leases. service outsourcing and bulk commodities trade;
Jiangyin Block focuses on the development of (ii) build a highly efficient, convenient, green
international shipping and logistics, vehicle and and low-carbon logistics network and a modern
spare parts import and export, bonded warehousing, shipping service system with high-quality services
and bonded exhibitions and transactions. and complete functions; and (iii) build itself into an
important international container hub port in the
In early 2021, the government of Fuzhou Asia-Pacific region, having the ability to allocate
issued several measures to further promote global shipping resources.
the development of the Sea Silk Mall44, which is
composed of 20,000 square meters of exhibition - The Haicang Port Area of the Southeast
center, 15,000 square meters of warehousing and International Shipping Center covers 24.4 square
logistics center and imported food testing laboratory. kilometers. It is designed to develop emerging
It provides an open business environment to industries and high-end service industries, such
enhance the facilitation of port trade. The measures as high-tech scientific research and development,
include, providing rewards to import enterprises information consumption, airport-vicinity industries,
and offering subsidy for renting in the Mall, as well international trade services, financial services,
as supporting marketing campaign, such as online professional services and cruise economy industries.
shopping festival, live stream activities, etc. It aims to build a regional international trade center
that focuses on Mainland China and is open to the
Driven by policy support and excellent business Asia-Pacific region.
services, the development of cross-border
e-commerce in Fuzhou Jiangyin Port Free Trade The GDP of Xiamen in 2020 was RMB638.4 billion
Zone has gained rapid momentum. The cargo with 5.7% YoY growth, and the tertiary industry
throughput of Jiangyin port reached 20.7 million contributed 60% of GDP. Xiamen is unique for its
tons, with an increase of 10.17% YoY in the first MICE industry – meetings, incentives, conferences,
8 months of 2021; the cross-border e-commerce and exhibitions, and reaped economic benefits of
platforms totally operated 9.9 million bills, with RMB17.7 billion (US$2.7 billion) from these sectors
an increase of 394.0% YoY; the total volume of in 2020, including 113 large-scale exhibitions,
containers shipped by the sea-rail intermodal the 2020 China International Fair for Investment
platform is 16,000 TEUs, and the total number of and Trade (CIFIT), as well as the Straits Forum
shipping routes in Jiangyin port has reached 6045. and the 2020 Xiamen Industry Expo, along with
3,289 conferences. The service sector in Xiamen
44 Administration of Fuzhou Area of China (Fu- also rapidly developed with a total of 940 new
jian) Pilot Free Trade Zone, http://fzftz.fuzhou.gov.cn/ enterprises settling in the city, attracting RMB10.8
zz/zwgk/fzgh/202105/t20210514_4099146.htm billion of FDI in 2020, rising by 54.4% YoY and
45 Department of Commerce of Fujian, https://
swt.fujian.gov.cn/zjswt/jgzn/jgcs/sczxc/xxfb/202109/
t20210915_5689319.htm
98
Processing Zone) focuses on the development Free Trade Zone
of processing trade, bonded warehousing and
cold chain logistics. Langqi Block focuses on the The Xiamen Area covers a total area of 43.8
development of tourism, education and training, square kilometers, with a focus on building a
health and medical treatment. Nantai Island Block demonstration area for cross-strait emerging and
focuses on the development of cross-strait financial modern service industry cooperation, a southeast
services innovation, professional exhibition services, international shipping center, a cross-strait regional
commodity exhibitions and transactions. financial service center and a cross-strait trade
center. The area includes two blocks that consist of:
- The Fuzhou Bonded Port area has a planned
area of 9.3 square kilometers and is divided into 2 - The core area of the cross-strait trade
blocks. Xincuo Block focuses on the development center covers an area of 19.4 square kilometers,
of advanced manufacturing industries (highlighting designed to: (i) develop modern port-vicinity
bonded automobile maintenance and refit, aircraft industries such as shipping logistics, import and
research and development, manufacturing, export, bonded logistics, valued-added processing,
operation and maintenance), and finance leases. service outsourcing and bulk commodities trade;
Jiangyin Block focuses on the development of (ii) build a highly efficient, convenient, green
international shipping and logistics, vehicle and and low-carbon logistics network and a modern
spare parts import and export, bonded warehousing, shipping service system with high-quality services
and bonded exhibitions and transactions. and complete functions; and (iii) build itself into an
important international container hub port in the
In early 2021, the government of Fuzhou Asia-Pacific region, having the ability to allocate
issued several measures to further promote global shipping resources.
the development of the Sea Silk Mall44, which is
composed of 20,000 square meters of exhibition - The Haicang Port Area of the Southeast
center, 15,000 square meters of warehousing and International Shipping Center covers 24.4 square
logistics center and imported food testing laboratory. kilometers. It is designed to develop emerging
It provides an open business environment to industries and high-end service industries, such
enhance the facilitation of port trade. The measures as high-tech scientific research and development,
include, providing rewards to import enterprises information consumption, airport-vicinity industries,
and offering subsidy for renting in the Mall, as well international trade services, financial services,
as supporting marketing campaign, such as online professional services and cruise economy industries.
shopping festival, live stream activities, etc. It aims to build a regional international trade center
that focuses on Mainland China and is open to the
Driven by policy support and excellent business Asia-Pacific region.
services, the development of cross-border
e-commerce in Fuzhou Jiangyin Port Free Trade The GDP of Xiamen in 2020 was RMB638.4 billion
Zone has gained rapid momentum. The cargo with 5.7% YoY growth, and the tertiary industry
throughput of Jiangyin port reached 20.7 million contributed 60% of GDP. Xiamen is unique for its
tons, with an increase of 10.17% YoY in the first MICE industry – meetings, incentives, conferences,
8 months of 2021; the cross-border e-commerce and exhibitions, and reaped economic benefits of
platforms totally operated 9.9 million bills, with RMB17.7 billion (US$2.7 billion) from these sectors
an increase of 394.0% YoY; the total volume of in 2020, including 113 large-scale exhibitions,
containers shipped by the sea-rail intermodal the 2020 China International Fair for Investment
platform is 16,000 TEUs, and the total number of and Trade (CIFIT), as well as the Straits Forum
shipping routes in Jiangyin port has reached 6045. and the 2020 Xiamen Industry Expo, along with
3,289 conferences. The service sector in Xiamen
44 Administration of Fuzhou Area of China (Fu- also rapidly developed with a total of 940 new
jian) Pilot Free Trade Zone, http://fzftz.fuzhou.gov.cn/ enterprises settling in the city, attracting RMB10.8
zz/zwgk/fzgh/202105/t20210514_4099146.htm billion of FDI in 2020, rising by 54.4% YoY and
45 Department of Commerce of Fujian, https://
swt.fujian.gov.cn/zjswt/jgzn/jgcs/sczxc/xxfb/202109/
t20210915_5689319.htm
98
