Trade & Investment

22 new firms register in Xiamen FTZ per day since April 21

Updated: 2015-06-16
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Read more on: Xiamen FTZ   Fujian FTZ   Xiamen FIEs  
   
As of June 11, the Xiamen Area of China (Fujian) Pilot Free Trade Zone has introduced 745 enterprises with registered capital of 13.285 billion yuan since its launch on April 21 this year. 
 
Of all the 745 enterprises, 21 are foreign-funded ones with foreign investment of $257 million. 
 
According to the Seventh Cross-Straits Forum on the Xiamen Area of China (Fujian) Pilot Free Trade Zone, the daily increase of newly registered enterprises in the area has risen from 5 to 22. 
 
The import and export trade witnessed rapid growth from January to May this year. The import and export trade value reached $4.959 billion during the period, a year-on-year increase of 21.3 percent. Of that amount, the import value reached $2.112 billion, up 42.7 percent year on year. Export value rose 13.3 percent year-on-year, increasing to $2.847 billion. 
 
The growth rate of the import and export values in Xiamen was one of the highest nationwide. 
 
The Fujian FTZ consists of three sections in Fuzhou, Xiamen and Pingtan, totaling 118.04 sq. km. 
 
Xiamen Area Size: 43.78 sq km (19.37 sq. km. at the core area of the Cross-Straits Trade Zone and 24.41 sq. km. at the Haicang Port Section of the Southeast International Shipping Center) 
 
Fuzhou Area Size: 31.26 sq. km (22 sq. km. at Fuzhou Economic and Technology Development Zone and 9.26 sq. km. at Fuzhou Bonded Port Zone Area) 
 
Pingtan Area Size: 43 sq. km. (16 sq. km. at Port Economic and Trade Zone, 15 sq. km. at High-tech Industrial Zone, and 12 sq. km. at Leisure Tourism Zone)
   
SOURCE: WOX Team
 
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