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Business Environment

Updated: Dec 11, 2017 Print
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Pingtan, an island city in Southeast China's Fujian province, boasts a favorable business environment owing to its unique geographical and policy advantages.

As the closest place on the mainland to Taiwan, Pingtan is part of the China (Fujian) Free Trade Zone with an emphasis on further opening-up cross-Straits communication.

Pingtan has rolled out a series of innovative and preferential policies to attract cross-Straits enterprises and residents to settle down in the city.

As of July, 2017, Pingtan was home to more than 3,000 Taiwan residents and 863 Taiwan companies including TPK, a leading touch solution provider across the world.

In addition, the city is also seeing a boom in tourism development as it's actively building itself into an international tourism island. 

In 2016, Pingtan received a total of 2,900,000 tourists and generated 1.1 billion yuan in revenue, up 25.2 percent and 66.3 percent over the previous year respectively.

The city plans to invest 20 billion yuan ($2.9 billion) to boost its industrial development during the 13th Five-year Plan period (2016-2020), according to the industrial development conference held in the city on Feb 28, 2017.

In addition to tourism, the government is also set to prioritize the development of the finance, shipping, logistics, construction, wind power, exhibitions and conferences, and information technology industries, and establish what it calls a characteristic industrial system by 2020.

Pingtan Investment Promotion Bureau: http://www.pingtan.gov.cn/site/zsj/info/index.jsp?inx=4

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