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Provincial official encourages Pingtan's industrial development

( chinadaily.com.cn )

Updated: 2013-03-11

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Provincial official encourages Pingtan's industrial development

Zhou Lianqing, director of the Fujian Provincial Economic and Trade Commission and deputy of the Natinal People's Congress. [Photo provided to China Daily]

Zhou Lianqing, director of the Fujian Provincial Economic and Trade Commission and a deputy who is attending the First Session of the Twelfth National People's Congress, said that Pingtan's industries have achieved unprecedented progress, Chinataiwan.org reported on March 6.

Zhou said Pingtan enjoys incomparable geological proximity to Taiwan and better preferential industrial policies than any other place on the Chinese mainland.

The State Council approved an overall development plan for Pingtan in 2011, granting 28 preferential policies. In February 2013, the Industrial Development Guidance Catalogue for the Pingtan Comprehensive Pilot Zone, released by the National Development and Reform Commission, encouraged the development of seven sectors in Pingtan, including new and high-technology, services, agriculture and ocean, tourism, social undertakings, ecological protection, and public infrastructure.

Zhou noted the province has been providing support for Pingtan's development and opening-up to Taiwan. More than 100 billion yuan ($16.08 billion) has subsidized infrastructure and ecological construction in Pingtan in the past three years.

As many as 80 Taiwan-funded companies have registered in Pingtan. Famous Taiwan companies, such as TPK Touch Solutions Inc and Top Victory Technology Group, also launched local projects. About 50 new projects settled in Pingtan in the past three years, including 50 from Taiwan, bringing in a total investment of 110 billion yuan.

"It is foreseeable that Xiamen, one of Fujian's most advanced cities, is Pingtan's future," Zhou added. He also hopes more and more Taiwan companies will take part in Pingtan's construction for the benefit of people on both sides of the Taiwan Straits.

Edited by Chen Zhilin and Michael Thai

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