Xiamen - the very core of western straits economic zone

Updated: 18 Nov 2009
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Dell's production facility in Xiamen. Forty-seven of the world's top 500

multinational corporations have now opened operations there

 
In line with the central government's newly agreed strategy to accelerate the construction of a powerful advanced manufacturing center along the western coast of the Taiwan Straits, Xiamen has announced its own plans to optimize its industrial structure and boost its economic development. This new initiative by Xiamen, a city in the southeastern coastal province of Fujian, places it at the very core of the western straits economic zone.
 
The city's central areas will be planned in line with the development of hi-tech industries according to the new plan. These industries will be capital, technology and labor-intensive, as well as being environmentally friendly.
 
The new plan calls for the increased use of digital information technology in automated manufacturing and management systems. It also envisages a greater uptake of a range of digital products and integrated systems, all aimed at improving the efficiency of the businesses in question.
 
The construction of advanced industrial facilities will be accelerated to promote and develop new industrial clusters.
 
Facilities will be upgraded in the Torch Industrial Area in Xiang'an, the Tong'an Industrial Area, the Xiamen Software Park and the Jimei Heavy Manufacturing Area.
 
Under a scheme intended to nurture new industrial clusters, the electronic information industry will focus on the development of computers and related technology, digital audio, telecommunication equipment, electronic components and a raft of other products.
 
The machinery sector will prioritize the production of passenger vehicles, construction machinery, aircraft maintenance, electrical equipment, shipbuilding and equipment for the deep processing of tungsten products.
 
The chemical sector will concentrate on a number of areas, including fine chemicals and rubber tire production.
 
Advanced technology will also be used to upgrade light industry, food processing, building materials and other traditional industries.
 
The city authorities' ongoing efforts to attract overseas and domestic capital are also expected to benefit local research and development (R&D) facilities and enable them to offer an enhanced resource for the city's various industries.
 
Rational layout
 
The local government initiative also focuses on maximizing the appropriate exploitation of the resources of the region and on achieving overall well-balanced development. According to the plan, urban-rural integration and a rational industrial layout will be implemented.
 
Xiamen Island, for instance, will focus on hi-tech research and development, aircraft maintenance and component production. This will allow it to take full advantage of its airport facilities. The surrounding areas of Jimei and Tong'an will focus on machine building, optoelectronics and related industries respectively.
 
To enhance this extension of the industrial chain and expand the overall industrial scale, Xiamen will launch a number of industrial projects aimed at attracting domestic and overseas investment.
 
Xiamen will further improve its export-oriented economy, promote its opening-up policies and place a renewed focus on securing overseas investment.
 
The city plans to promote the localization of overseas-funded enterprises, with foreign investors being specially encouraged to establish R&D facilities in Xiamen.
 
Following the State Council's decision to accelerate the development of the economic zone on the western side of the Taiwan Straits earlier this year, Xiamen is poised to implement a range of measures to spur cross-Straits ties. This new round of cooperation with Taiwan will further boost Xiamen as a major destination for attracting investment from its neighbor.
 
The city will back the development of three Taiwanese investment zones at Haicang, Jimei and Xinglin and will adopt more incentive policies aimed at encouraging Taiwan businesses to set up production and R&D facilities in the city, particularly in the high and new technology fields.
 
Xiamen also plans to become an important destination for Taiwanese-backed businesses and a pioneer in cross-Straits cooperation and exchange.
 
SOURCE: China Daily
 

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