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Explainer: Whys and whats of China's unified domestic market
May 13, 2022
China has released a guideline to accelerate the establishment of a unified domestic market amid efforts to build a high-standard market system and promote high-quality development.
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New guideline to help enhance consumption
April 27, 2022
China has unveiled a new package of measures to shore up consumer spending and support smaller firms and the services sector as the nation battles to contain its most extensive COVID-19 outbreaks since the onset of the pandemic.
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Foreign firms' recovery in focus
April 22, 2022
China will take targeted measures to help foreign companies resume production while containing the latest outbreaks of COVID-19, to put its economic growth on a firmer footing, the Ministry of Commerce said on Thursday.
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Xiamen releases 12 measures to help market entities
April 11, 2022
In response to the impact of the recent COVID-19 outbreaks and to further help market entities, Xiamen in Fujian province issued 12 measures covering five aspects to help relieve the burden of market entities.
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New policy allows residents from Taiwan to register as individual businesses
March 18, 2022
Residents from Taiwan can directly apply for registration as individual businesses in Xiamen, Fujian province from March 16.
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Policies to boost industrial economy
March 2, 2022
On Feb 18, the National Development and Reform Commission, together with a number of other departments, issued a guideline centered on supporting the steady growth of the industrial economy.
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Xiamen sets commerce goals for 2022
February 22, 2022
In 2022, Xiamen in Fujian province aims to increase the total retail sales of consumer goods and the actual use of foreign capital by 6.5 percent and 3 percent from that in 2021, respectively, as well as maintain the same amount of imports and exports as that in 2021.
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China-New Zealand FTA upgrade to take effect
February 17, 2022
The Ministry of Commerce announced on Tuesday that an upgrade to China's free trade agreement with New Zealand will enter into force on April 7, paving the way for further economic and trade cooperation between the two nations.
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.