Xiamen's convention & exhibition industry makes good start
The number of conventions and exhibitions in Xiamen rose sharply in the first quarter of the year, thanks to benefits rolled out by the local government.
As of March 23, 37 conventions can apply for government incentives, five more than the total amount in the first half of last year.
The number of conventions in January increased by 137.8 percent, and those in February increased by 16.96 percent, over the figures a year earlier.
So far, 34 management companies and 35 convention hotels joined the Xiamen Convention and Exhibition Association, respectively increasing by 30 and 50 percent.
More companies are entering the convention and exhibition business. The numbers of attendees, conventions and exhibitions are expected to increase substantially.
Due to the Belt and Road Initiative and the establishment of China (Fujian) Pilot Free Trade Zone, the new policies will play a greater role in encouraging the convention and exhibition industry.
Why Xiamen
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Xiamen is one of the most economically competitive cities in China and was one of the first Special Economic Zones on the Chinese mainland. As a vice-provincial city independently listed on the State development plan, it has provincial-level authority in economic administration and local legislative power. In 2010, the Xiamen SEZ was expanded to cover the entire municipality. Today, Xiamen is a modern and international port city.