Page 144 - 2024 Special Report on the State of Business in South China
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and (iii) the Tourism and Business Zone (12km2). resort and a forefront of the Belt and Road
The Pingtan Area focuses on constructing a cross- Initiative with improved international influence
strait common home and international tourist and competitiveness. The annual tourists will
island and providing facilities for the free and reach 10 million with total revenue of tourism to
convenient exchange of investment, trade, capital RMB15 billion, and the proportion of value-added
and personnel. Functional positioning: of tourism will account 14% of GDP.
- The Port Economic and Trade Zone was set Summary
up to: (i) accelerate the construction of industrial
functional platforms such as port logistics, business Fujian province promotes economic growth
service and electronic industry clusters; and (ii) through demand and supply-side reforms,
focus on the development of international trade, improving the quality of economic development,
modern logistics, business services, electronic reducing corporate taxes, fees, production and
information equipment manufacturing, etc. operating costs, and creating a more convenient
and fair business environment. It focuses on
- The High-tech Industrial Zone was set up supporting the development of the financial
to: (i) explore cross-strait cooperation in building industry, lending foreign exchange registration
high-tech industrial bases by accelerating the management, introducing Taiwanese and foreign
construction of industrial functional platforms such investment, promoting foreign investment and
as R&D headquarters, marine industry and high- trade facilitation, and improving the level of
end light manufacturing clusters; (ii) give full play to opening-up. Fujian Province will build a cross-
policy advantages regarding place of origin; and (iii) strait integration demonstration zone, strengthen
focus on the development of marine life, medical economic, technological and talent cooperation
devices, packaging materials and light equipment with Taiwan, and create opportunities for cross-
manufacturing and other high-tech industries. strait integration.
- The Tourism and Business Zone was set
up to: (i) focus on connecting Taiwan’s tourism and
tourist services; and (ii) accelerate the construction
of industrial functional platforms such as coastal
tourist, cross-strait tourism, and agricultural and
fishing product processing clusters.
In 2022, the GDP of Pingtan reached RMB36.8
billion with 3.6% YoY growth. The total import and
export registered RMB20.5 billion with 6.1% growth55.
In February 2022, 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
55 Government of Pingtan, https://www.pingtan.
gov.cn/jhtml/ct/ct_9236_127637
144
The Pingtan Area focuses on constructing a cross- Initiative with improved international influence
strait common home and international tourist and competitiveness. The annual tourists will
island and providing facilities for the free and reach 10 million with total revenue of tourism to
convenient exchange of investment, trade, capital RMB15 billion, and the proportion of value-added
and personnel. Functional positioning: of tourism will account 14% of GDP.
- The Port Economic and Trade Zone was set Summary
up to: (i) accelerate the construction of industrial
functional platforms such as port logistics, business Fujian province promotes economic growth
service and electronic industry clusters; and (ii) through demand and supply-side reforms,
focus on the development of international trade, improving the quality of economic development,
modern logistics, business services, electronic reducing corporate taxes, fees, production and
information equipment manufacturing, etc. operating costs, and creating a more convenient
and fair business environment. It focuses on
- The High-tech Industrial Zone was set up supporting the development of the financial
to: (i) explore cross-strait cooperation in building industry, lending foreign exchange registration
high-tech industrial bases by accelerating the management, introducing Taiwanese and foreign
construction of industrial functional platforms such investment, promoting foreign investment and
as R&D headquarters, marine industry and high- trade facilitation, and improving the level of
end light manufacturing clusters; (ii) give full play to opening-up. Fujian Province will build a cross-
policy advantages regarding place of origin; and (iii) strait integration demonstration zone, strengthen
focus on the development of marine life, medical economic, technological and talent cooperation
devices, packaging materials and light equipment with Taiwan, and create opportunities for cross-
manufacturing and other high-tech industries. strait integration.
- The Tourism and Business Zone was set
up to: (i) focus on connecting Taiwan’s tourism and
tourist services; and (ii) accelerate the construction
of industrial functional platforms such as coastal
tourist, cross-strait tourism, and agricultural and
fishing product processing clusters.
In 2022, the GDP of Pingtan reached RMB36.8
billion with 3.6% YoY growth. The total import and
export registered RMB20.5 billion with 6.1% growth55.
In February 2022, 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
55 Government of Pingtan, https://www.pingtan.
gov.cn/jhtml/ct/ct_9236_127637
144
