In June 2023, the RCEP came into full effect for all 15 signatory countries. Over the past year, tariff reductions and trade facilitation policies have continuously supported Xiamen enterprises in capturing foreign trade markets.
As the first Chinese mainland market offering tax-free small-scale transactions with Taiwan, the Dadeng Taiwan small commodity trading market has been at the forefront of cross-Strait exchanges for 25 years.
Stimulated by policy incentives, Xiamen's small-scale trade with Taiwan is growing, and data shows that the Xiamen Dadeng Taiwan small commodity trading market has seen an influx of new businesses, leading to increased consumption.
Since its establishment on April 21, 2015, the Xiamen Free Trade Zone has introduced a total of 562 innovative measures, of which 142 were national firsts.
Xiamen's pioneering implementation of the "non-stop operation certification" for ships has shown significant results nationwide, with improved departmental efficiency and reduced operating costs for vessels.
In recent years, Xiamen has been promoting the high-quality development of foreign cultural trade, employing multiple measures to facilitate cultural products and services to go global.
