Fujian sees boom in foreign trade

The imports and exports in East China's Fujian province reached 386.7 billion yuan ($60.57 billion) in value from January to April, up 6.8 percent year-on-year, official statistics show.

The imports over the period amounted to 232.5 billion yuan, an increase of 9.8 percent, much higher than the national average growth rate, which stood at 6.4 percent.

In 2017, the exports and imports in the province maintained a 12 percent annual growth speed rising to 1.16 trillion yuan in total.

Fujian's great growth momentum in foreign trade is largely due to a portfolio of policies rolled out by local government.

According to official data, Fujian FTZ, to date, has issued more than 300 measures to promote a streamlined customs clearance procedure covering all the ports in the region. With coordinated work of 35 government departments, businesses in the sector are entitled to a one-stop service with greater efficiency.

Fujian's homegrown brands, thus far, have gained footholds in the markets across over 200 countries and regions. By virtue of the congenial business climate, Fujian also emerged as a favored destination for Multinational corporations (MNCs).

Earlier this year, e-commerce giant eBay set up a new branch in Fuzhou, the capital of Fujian, its second branch in China after Shenzhen.

Also Amazon.com Inc, a US-based global e-commerce titan, established a unit in Xiamen, Fujian, in 2012, seeking to expand and better tap into the country's then fledging e-commerce market.