Page 150 - 2025 Special Report
P. 150

exploring  the  opportunity  to  further  cooperate   •   The  Fuzhou  Bonded  Port  area  has  a
           with  Taiwan,  taking  deeper  participation  into   planned  area  of  9.3km   and  is  divided  into  two
                                                                                    2
           the Belt and Road Initiative and promoting the     blocks. Xincuo Block focuses on the development
           modernization of governance system and capacity.   of advanced manufacturing industries (highlighting
           Meanwhile,  efforts  will  be  made  to  innovate,   bonded automobile maintenance and refit, aircraft
           upgrade, open up and develop major industrial      research   and   development,   manufacturing,
           chains  and  supply  chains  through  accumulating   operation  and  maintenance)  and  finance  leases.
           high-quality elements and high-end resources.      Jiangyin Block focuses on the development of
           Ultimately,  the  FJFTZ  will  be  built  into  a  key   international shipping and logistics, vehicle and
           business hub with strong attraction, innovation    spare parts import and export, bonded warehousing
           capacity,   influence   and   competitiveness,     and bonded exhibitions and transactions.
           embracing even more international economic
           cooperation  and  fostering  new  competitive        In  early  2021,  the  government  of  Fuzhou
           advantages. It’s expected that eight platforms     issued several measures to further promote
           worth over ten billion yuan and two hundred-       the  development  of  the  Sea  Silk  Mall,  which  is
           billion-yuan platforms with quite strong domestic   composed  of 20,000m  of exhibition center,
                                                                                     2
           influence will be built before 2025 .              15,000m   of  warehousing  and  logistics  center
                                                                      2
                                          56
                                                              and imported food testing laboratory. It provides
             Fuzhou area of the China (Fujian) Pilot Free     an  open  business  environment  to  enhance  the
           Trade Zone                                         facilitation  of  port  trade.  The  measures  include,
                                                              providing rewards to import enterprises and
             The Fuzhou area of China (Fujian) Pilot Free Trade   offering subsidy for renting in the mall, as well as
           Zone covers 31.3km  and is divided into the Fuzhou   supporting  marketing  campaign,  such  as  online
                             2
           Economic  and  Technological  Development  Zone    shopping festival and live stream activities.
           (22km ) and the Fuzhou Bonded Port Area (9.3km ).
                2
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                                                                Driven by policy support and excellent business
             The layout of the Fuzhou area’s “two sections    services,  the  development  of  cross-border
           and seven blocks” consists of:                     e-commerce  in  Fuzhou  Jiangyin  Port  Free  Trade
                                                              Zone has gained  rapid  momentum. The cargo
             •    The Fuzhou Economic and Technological       throughput  of  Jiangyin  port  reached  0.37  billion
           Development Zone has a planned area of 22km        tons, ranking third in the province .
                                                        2
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           divided  into  five  blocks.  Majiang  Block  (covering
           an area of 0.6km  within  the Fuzhou Bonded          Xiamen area of the China (Fujian) Pilot Free
                            2
           Port Area) focuses on the development of trade     Trade Zone
           platforms for the 21st Century Maritime Silk
           Road, cultural creativity, commodity exhibitions     The Xiamen area covers a total area of 43.8km ,
                                                                                                           2
           and  transactions.  Kuai’an  Block  focuses  on  the   with a focus on building a demonstration area for
           development of high-tech industries, industrial    cross-strait emerging and modern service industry
           finance   and   service   trade   (cross-border    cooperation,  a  southeast  international  shipping
           e-commerce). Chang’an Block (covering an area of   center,  a  cross-strait  regional  financial  service
           1.1km  within the Fuzhou Export Processing Zone)   center and a cross-strait trade center. The area
                2
           focuses on the development of processing trade,    includes two blocks that consist of:
           bonded warehousing and cold chain logistics.
           Langqi Block  focuses on the development of          •    The  core  area  of  the  cross-strait  trade
           tourism,  education  and  training,  health  and   center  covers  an  area  of  19.4km ,  designed  to:
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           medical treatment. Nantai Island Block focuses on   (i) develop modern port-vicinity industries such
           the development of cross-strait financial services   as shipping logistics, import and export, bonded
           innovation, professional exhibition services,      logistics,  valued-added  processing,   service
           commodity exhibitions and transactions.            outsourcing and bulk commodities trade; (ii) build a
           56  FJFTZ, https://fdi.swt.fujian.gov.cn/en/show-11955.  57  The government of Jiangyin, http://www.jiangyin.
           html                                               gov.cn/doc/2024/01/17/1202353.shtml


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