The free trade area in Xiamen, which is part of the greater Free Trade Zone (FTZ) in Fujian province, organized an event to introduce investment opportunities deriving from the Belt and Road Initiative on Sept 9, as part of the 19th China International Fair for Investment and Trade.
The event lured dozens of business delegations from across the globe to attend.
At the event, the Xiamen FTZ administration sealed a deal with the Horgos economic development zone in Xinjiang Uygur autonomous region to enable comprehensive cooperation between the two sides in the fields of finance, transportation, logistics and trade.
The Xiamen FTZ also attracted a total of 41 cooperative projects to settle in there, involving a combined investment of 71.8 billion yuan ($11 billion) in the areas of aeronautical maintenance, international trade, professional services, education, health care, e-commerce, and fields related to the Internet Plus initiative.
Ni Chao, deputy mayor of Xiamen and director of the Xiamen free trade zone adminiatration at the event. [Photo from xmfo.gov.cn]
China has launched a new pilot program to allow eligible enterprises greater access to overseas financing in support of green and low-carbon transformation projects, the country's foreign exchange regulator said on Aug 21.
To further streamline the experience, China is expanding tax refund stores, broadening the range of refundable goods, and refining refund procedures, ensuring an efficient and seamless shopping experience for global visitors.