Industrial Parks

Xiamen Area of China (Fujian) Pilot Free Trade Zone

2019-04-02 15:06

China (Fujian) Pilot Free Trade Zone, with a total area of 118.04 square kilometers, was approved to be set up by the State Council on December 31, 2014, comprising Pingtan Area, Xiamen Area and Fuzhou Area.

Xiamen Area of China (Fujian) Pilot Free Trade Zone was officially launched on April 21, 2015, with a total area of 43.78 square kilometers. It comprises the Core Area of Cross-Strait Trade Center (19.37 square kilometers) and Haicang Port Area of Southeast International Shipping Center (24.41 square kilometers). It is a unique Pilot Free Trade Zone (FTZ) integrating the development of sea, land, air, rail transport, and a cruise ship home port. Today, Xiamen FTZ leads in Xiamen’s reform and innovation process, and is a driving force for the city’s transformation and development.

Up until the end of 2016, 95 of Fujian PFTZ's 190 innovative measures had come out of Xiamen Area, and of those, 33 were national firsts. Xiamen's business environment global ranking shot up from 49th to 61st once the PFTZ had officially opened. In 2016, its import–export volume was 132.353 billion yuan, a year-on-year increase of 8.2%.

[ Web editor:Robin Wang, Wu Jianhan ]