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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.
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RCEP benefits Xiamen companies
January 4, 2022
The Regional Comprehensive Economic Partnership agreement, or RCEP, took effect on Jan 1.
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Negative lists for foreign investment shortened
December 31, 2021
China has further downsized the 2021 negative lists for foreign investment, to expand high-level opening-up and facilitate high-quality economic development.
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The RCEP era begins
December 30, 2021
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Xiamen pilots RCEP agreement
December 8, 2021
Xiamen Customs recently piloted the agreement of the Regional Comprehensive Economic Partnership in the Haicang Bonded Port Area and the Xiangyu Bonded Zone in the Xiamen Area of China (Fujian) Pilot Free Trade Zone.
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Reforms to boost nation's market fairness
November 18, 2021
China will accelerate reforms to encourage fair competition in the market, spur the vitality of smaller companies and offer private business owners greater tax incentives to give back to society, which is crucial for the country to achieve the goal of common prosperity, experts said.
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China's Ministry of Commerce issues development plan for FDI use
October 27, 2021
China's Ministry of Commerce has issued a plan for the use of foreign direct investment in the 14th Five-Year Plan (2021-25) period.
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.