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Guangzhou > Fujian Province


Introduction

An introduction to Fujian Province, including economic indications,
geographic and demographic information, key sectors, market opportunities,
import and export figures etc.
are described in the report: Fujian Brief. This and other reports can be downloaded from our website. Please click here for an overview of reports

Major cities


Fuzhou

Fuzhou, capital city of Fujian Province, is located in the eastern part of Fujian Province, on the lower reaches of the Minjiang River, facing the East China Sea and separated from Taiwan Province by a strip of water. It is Fujian's political, economic and cultural center, and a famous historical city of the country. It covers an area of 11,968 sq km and has a population of 5.62 million, including an urban area of 1,043 sq km and an urban population of 1.37 million.

The Fuzhou area, which has reserves of wolfram, bauxite, silica sand, kaolin and many other deposits, has abundant rainfall and a warm climate that is ideal for the cultivation of paddies, citrus fruit, litchis, olives and other sub-tropical crops.

With financial revenue taking the seventh place, the city was included as one of the country's top 50 most powerful cities. Fuzhou has a number of development zones and industrial districts in which overseas business people are building factories. One of the largest is the Fuzhou Economic and Technological Development Zone founded with the approval of the State Council in 1985. Already established in the zone are a bonded area, a number of industrial enterprises, many of which are jointly run by Chinese and overseas firms.

List of usefull websites about Fuzhou

Investment and related information

Travel, hotel and general information on Fuzhou


Xiamen

Although not the provincial capital, Xiamen Special Economic Zone (SEZ) is to take the forefront in the further development of the province. Its 10th Five Year Plan (2001-2005) will focus on the manufacturing of computer storage products, such as CDs and hard disks. Xiamen has a population of around 1.3 million. GDP per capita is US$ 3840, with an annual increase of around 22%. Xiamen is home to the annual China Fair for International Investment and Trade.

Currently, the local computer industry is experiencing an annual growth of 26%. In 1998, the local production of computer products amounted to $1.5 billion. There are around 200 companies that produce various computer products in Xiamen. XOCECO Inc., which specializes in the production of monitors, maintains an average output of $12 million yearly.

The trade volume between this port city and Taiwan totaled 585 million U.S. dollars during the first six months of 2001, up 8.2 percent over the same period last year. According to statistics released by local Customs, the city's trade volume with Taiwan occupied nearly half of Fujian's total cross-Strait trade volume. Xiamen's trade volume with Taiwan in the period took up 11.3 percent of the city's total external trade volume, taking the third spot behind its trade volume with the United States and Japan.

Processing trade is the major part of Xiamen's trade with Taiwan, taking up 62.4 percent of it. The major items imported by Xiamen are machinery, electrical products, metals, textile materials and textiles, occupying 67 percent of the total import volume. While the major items exported by Xiamen are machinery, chemical products and metals, taking up 62.9 percent of the total exports volume. Xiamen and Taiwan are separated by the Taiwan Strait.

One important accomplishment of Xiamen is environmental protection: by vitually any measure, Xiamen ranks alongside Dalian as China's cleanest city. Air pollution levels are the lowest of any major city; half of the city's sewage is treated (compared to 10% for most cities) and that figure will rise to 100% over the next five years.

Xiamen remains a business-friendly climate. Despite a major smuggling scandal, it has developed a broad investor profile and has attracted big-name multinational investors. Taiwan firms represent 40% of ventures in the zone by number, but tend to be among the zone's smaller investors, contributing to only 23% of foreign investment. The remaining third is contributed by US, Japanese and other Asian firms. Recent major Western investors include Kodak, Dell Computer Corp of the US, and the Dutch oil logistics firm Paktank.

Xiamen SEZ, like Shenzhen SEZ, has the privilege to report directly to the central authorities in Beijing for economic and administrative matters. For all other matters it is still necessary to report to the provincial government.

  • Ports: Dongdu Port, the city's key infrastructure asset, has recently been upgraded. Two 20,000 dwt berths and two 30,000 dwt berths have been added to the previous four 10,000 dwt berths. Maluan pier has two berths, each with a 3,000 dwt capacity.
  • A US$ 50m loan from the Asian Development Bank will be used to further develop Xiamen's ports. Five berths are scheduled for completion in 2002 at a cost of US$ 100m. Port operator Pacific Ports has entered into a joint verture to develop 5,320 TUE storage container terminal at the port.
  • Roads: External road links are improving. Travel time to Shantou is about four hours; to Shenzhen, eight or nine.
  • Rail: Rail links to Guangdong improved with the completion of a spur line from Xiamen to Meizhou in northern Guangdong, linking to the Guangzhou- Shantou line. Access to northen China is via the Xiamen- Yantian line which provides routes to both Shanghai and Beijing.
  • Airports: Xiamen's Gaoqi International Airport, completed in 1996, is one of China's most modern. Regional routes are available to Hong Kong, Manila, Singapore, Jakarta and Kuala Lumpur.
  • Power: Four transformer stations in the zone ensure a steady power supply.
  • Telecommunications: Telecommunications facilities in Xiamen are quite advanced.

Xiamen subzones

  • Xiangyu Bonded Zone
  • Tainwan Investment Zones
  • Haicang Investment Zone

List of usefull websites about Xiamen

Investment and related information

Travel, hotel and general information on Xiamen


Government

A "One Building Service" is provided for foreign investors in a number of cities of Fujian Province (this means that all procedures can be fulfilled in one building). These service departments can provide you with information on preferential policies for foreign invested enterprises. The One Building Service Departments for the major cities of Fujian Province are:

  • Fuzhou  
    “One Building” Service (Foreign Investment Center, with all the 35 governmental departments in the same building):
    Tel: (+) 86 (0) 591 - 7822512
    Fax: (+) 86 (0) 591 - 7824022
    Address: 6 F/, International Convention Center, Wenquan Rd, Fuzhou, Fujian, China
  • Xiamen  
    “Examination and Approval Center” (the Foreign Investment Commission and the Industry and Commerce Administration Bureau):
    Tel: (+) 86 (0) 592 - 5129726
    Fax: (+) 86 (0) 592 - 5129762
    Address: 5 F/, Zhenxing Building, Hubinbei Rd, Xiamen, Fujian, China
  • Zhangzhou  
    “One Building” Service (Government Administration Center / Foreign Investment Center, similar to that in Fuzhou):
    Tel: (+) 86 (0) 596 - 2072338
    Address: 2 F/, Government Administration Center, Nanchang Rd, Zhangzhou, Fujian, China
  • Quanzhou  
    Service Center of Foreign Economy and Trade Commission of Quanzhou:
    Tel: (+) 86 (0) 595 - 2390543
    Fax: (+) 86 (0) 595 - 2386716
    Address: 5 F/, Foreign Economy and Trade Building, Xinhuanan Rd, Quanzhou, Fujian, China

 


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Fujian
Informatie Fujian