China (Fujian) Pilot Free Trade Zone
Fujian is a southeastern Chinese province known for its mountains and coastal cities.
The Fujian Pilot Free Trade Zone aims to further promote cross-strait economic and cultural exchanges and build an open economic zone that serves the world. The Fujian Free Trade Zone will deeply connect with Taiwan, promote the rational allocation of production factors in Fujian and Taiwan, improve the use efficiency of capital factors, and create more business opportunities and provide more convenience for Taiwanese businessmen’s economic and trade activities in Fujian. Lead the transformation and upgrading of Fujian's economy, develop and expand the headquarters base, and open up foreign markets. The gross production value of Fujian Free Trade Zone reached 1940 billion yuan, an average annual growth rate of 18%; the actual utilization of foreign capital reached US$1.3 billion, an average annual growth rate of 21%; the total import and export volume reached US$28.6 billion, an average annual growth rate of 13%.
Fujian focuses on the development of seven major industries: business services, shipping services, modern logistics, financial services, emerging services, tourism services and high-end manufacturing.There are 70 Fortune 500 companies investing in Fujian including Dell, Southeast (Fujian) Automobile Industry Co., Ltd., Industrial Bank, TPV Electronics (Fujian) Co., Ltd and so on.