Declaration of Fujian free trade zone emphasis on economic cooperation with Taiwan

2014-11-05

The features of Fujian free trade zone is emphasized on enhancing business with Taiwan, for example in finance, RMB and TWD possibly open two way capital flows, according to the researcher Gong Xiaowei.

In Fujian free trade zone, Xiamen will be created as international shipping center of Southeast China and Quanzhou-Meizhou will be feeder ports for Xiamen Port. If the declaration of free trade zone is approved, the enterprises across all sectors will benefit a lot.

Pingtan Island, as the fifth largest island in China, will play an important role in cross-Straits exchanges. The island also is planning the model of Front Shop, Back Factory. While residence and headquarters are located in Pingtan Island, the factories are built in Fuzhou.

Spokesperson of the Information Bureau of the Taiwan Affairs Office of the CPC Central Committee Fan Liqing said that Xiamen positively enhance communication with Taiwan. Meanwhile Xiamen, Taiwan and Shanghai has formed a golden triangle connecting cross-strait free trade zone.

Source from : CNSS

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