Trade & Investment

194 firms settle in Xiamen FTZ, registered capital reach RMB3.7b

Updated: 2015-03-24
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Read more on: Xiamen free trade zone   Fujian FTZ  
   
A total of 194 companies, with total registered capital of RMB 3.77 billion, have been introduced into the Xiamen Free Trade Zone since this January, according to a press release.

The Xiamen government enhanced its propaganda dynamics on its free trade zone in 2015 and has attracted a total of RMB 3.77 billion in registered capital, including RMB 53 million in overseas capital, with its “out & in” strategy for attracting investment.

Up to now, 66 key projects, include 41 domestic investment projects and 25 overseas investment projects, are expected to be set up in the Xiamen Free Trade Zone in the near future.

Besides, the Xiamen Free Trade Zone has formulated a series of policies to shorten the approval and inspection processes for companies and goods, which are expected to be extended to other areas of the Fujian Free Trade Zone. 
  
SOURCE: WOX Team
  
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