An island city situated off Fujian province's eastern coast. Pingtan is the closest place on the Chinese mainland to Taiwan.
Pingtan is part of the China (Fujian) Free Trade Zone with an emphasis on further opening-up cross-Straits communication.
Pingtan has rolled out a series of innovative and preferential policies to attract cross-Straits enterprises and residents to settle down in the city.
As of February this year, Pingtan – under the administration of Fuzhou city – was home to more than 1,200 Taiwan companies including TPK, a leading supplier of touch modules, touch displays and other touch solutions to the world.
In addition, the city is also seeing a boom in tourism development as it's actively building itself into an international tourism island.
The government is set to prioritize the development of the tourism, finance, shipping, logistics, construction, wind power, exhibitions and conferences, and information technology industries, and establish what it calls a characteristic industrial system by 2020.
In 2021, Pingtan's GDP registered 33.92 billion yuan ($5.36 billion), an increase of 5.8 percent compared to that in 2020, according to local statistics.